This is my first post. Hope you all would benefit from it. As you can see in the weekly chart of L&T it appears to have successfully broken out from the strong resistance @ 1485. Certainly a very good time ahead for the stock unless it proves out to be a breakout failure. A correct strategy is to buy on every dip for the first target of 1720 to 1740, then 1850+. CMP is 1585. Keep a SL of 1305.