Trade Idea:
Stock: L&T Finance Holdings (LTF)
View: Bullish
Entry Level: Above ₹181
Target: ₹300-₹355
Stop Loss: Custom based on risk tolerance
Key Points:
1.Stock is near a breakout zone of the 2017 level high at ₹198.90.
2.Currently accumulating in the ₹170-₹180 range with notable volume.
3.Potential for upward movement if the price successfully crosses the ₹181-₹200 level.
4.Formation of a Volatility Contraction Pattern (VCP) as per Mark Minervini's method.
5.Overall bullish outlook in the upcoming days.