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Future Retail, IndusInd Bank, L&T: How to trade these news-driven stocks?

After facing resistance at the 100-day moving average (DMA), placed at Rs 925, L&T has now managed to conquer the level decisively.

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After dipping below 200-weekly moving average (WMA), Nestle India has showed tremendous strength and momentum.

Avdhut Bagkar Mumbai
The benchmark indices were trading in the red in the morning deals on Monday. The S&P BSE Sensex was down over 0.5 per cent to 40,453 levels while the NSE's Nifty50 index was quoting 0.6 per cent lower at 11,855 levels. That said, a number of individual stocks were trading actively in the trade owing to their September quarter results or company-specific developments.

Here's a look at some of the buzzing stocks of the day and what do charts indicate for them.  

Larsen & Toubro Ltd (LT): After facing resistance at 100-day moving average (DMA), placed at Rs