Stock Radar: L&T breaks out from 3-month consolidation; stock likely to break past 4,000 levels – what should investors do?

Larsen & Toubro stock has broken out of a three-month consolidation phase. Experts suggest this move opens room for the stock to climb higher, potentially reaching fresh record highs. Short-term traders are advised to buy the stock for a target of Rs 4,000-4,050 in the coming weeks. The stock is trading above key moving averages, indicating positive momentum.