L&T Finance has confirmed a multi-year breakout above ₹200, forming a textbook W pattern and cup & handle backed by strong volume. Analyst Rajneesh Sharma sees targets of ₹237 and ₹288 based on Fibonacci projections. With fundamentals and momentum aligned, buy-on-dips near ₹190-195 is advised. A close below ₹190 would weaken the bullish setup.