Larsen & Toubro Cup and Handle Pattern Signals Bullish Breakout Potential

What Does the L&T Cup and Handle Pattern Mean?

Are you watching Larsen & Toubro (L&T) stock? The formation of a cup and handle pattern indicates a potential bullish breakout could be on the horizon. This pattern is a favorite among technical traders as it signals a possible continuation of an existing uptrend.

Read more on pattern : Base formation

Always prioritize risk management and proper position sizing to ensure you stay on track towards your goals. While analysis is valuable, it’s important to acknowledge that it may not always yield the expected results. Be prepared to adapt if things don’t go as planned, and maintain a resilient mindset throughout your journey.

Disclaimer: – I am not SEBI registered advisor. Please consult a professional advisor before taking any decision. This is not buy/sell recommendation.