L&T pull back

Current pull back rally will take L&T to 1395 & 1460

L&T has taken support at 1150~1200 level and have pulled back with good volume. Though there is no clear trend reversal but further downside can only be established if it closes below 1150.

Nifty 4750 critical . . .

Nifty is having critical support at 4750~4700 level break of 4700 level gives a bearish target of 4200~4000 level.

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