L&T Finance - Low risk enter

With the bottom of the NBFC cycle behind us and many of these stocks growing at a fast pace, we could see quality names with strong parent co's do well.
L&T Finance is one such co.
Long at current price (85.50) with a stoploss below 83.50 (slightly below the 200EMA)

I like the NBFC space in general with the worst behind them, the books are clean and leading is happening at a good speed.
Trend Analysis

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