Stock Radar: This Sensex stock could hit fresh highs after breakout from ‘Diamond’ pattern; time to buy?

L&T Ltd, part of the construction industry, has broken out from a Diamond pattern on daily charts after consolidating since February-March 2024. Experts suggest short-term traders can target Rs 4000 in the coming weeks. The stock recently gained momentum, supported by technical indicators like Supertrend and RSI, signaling continued positive movement.