Technical Charts:LT,M&M and Aban Offshore

What drives stock prices are human reactions. Ironically, the key to successful speculation is to remove our decisions from our emotions. "Without control over your emotions, there is very little chance for profitable success in the stock market."

Larsen and Tubro

LT is trading in the range of 1429-1267. Stock looks week technically but value buying is emerging at lower levels where stock made a fresh 52 week low at 1267.

Results were good but company has reduced its guidance for coming quarter looking at global uncertainty.

Technically Gap is at 1355-1367 levels,break of..


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Rgds,
Bramesh
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http://www.brameshtechanalysis.com/

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