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Larsen & Toubro: Bullish to Sideways
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By Sahil SwaroopLarsen & Toubro’s daily trend is bullish to sideways. The RSI for monthly, weekly and daily is showing bullish momentum.
Based on maximum open interest, its maximum open interest on the PUT side is at strike 2,400, and on the CALL side, it is at 2,700. We are assuming it will spend most of the time between 2,450 and 2,700.
We are recommending a short Iron Condor strategy for taking the short-term non-directional strategy. An
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