LT 30MAR26 3400 CE

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LT presents compelling buy-side technical opportunity consolidating above pivot ₹3420.97 support (S1 ₹3415/S2 ₹3404) near oversold STOCH(24.88) and Williams %R(-77) levels signaling capitulation exhaustion post recent correction from ₹3563 zone, despite bearish 11/12 MA alignment across timeframes. Narrowing MACD(-13.57) histogram with neutral RSI(34.15) confirms downside momentum depletion creating favorable risk-reward setup near S3 ₹3398 confluence zone, validated by higher lows formation above key support. Attractive long entry targeting R1 ₹3431/R2 ₹3437 resistance breakout with tight stops below S2 ₹3404 for optimal rebound capture in infrastructure heavyweight amid robust orderbook strength.Warning-

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