cmp 3463 as shown may retest the zone and break the neckline. sell on rise preferred. NOT A TRADING IDEA FOR EDUCATIONAL PURPOSE ONLY
LT looks like a bullish which forms a cup handle pattern the previous high was broken and a retest was also done a small flag pattern also form Entry@CMP Stop loss@3670 1st target@4040 2nd target@4400 Disclaimer: I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult...
BankNifty Analysis - Stance Bearish ⬇️ BankNifty was more sensible today. Firstly the gap-up was not so huge to scare away the bears - so they hung around. Secondly, there was no breakaway momentum, by 11.07 things were getting pretty clear that the upmove ran out of steam. 4mts chart link And when the selling came, it was ferocious. Bears also had to make...
A Symmetrical Triangle Pattern seen under formation on charts of LT. Symmetrical Triangle Pattern is a continuation pattern and formed in either an up trend or down trend. During the up or down trend a symmetrical triangle forms as a part of consolidation with higher lows and lower high pattern. One should wait for completion of the Pattern at the narrow end, and...
larsen toubro complete 5 wave upside use 2 or 4 trendline profit book larsen toubro price go down wave (A,B,C)
Cup and handle breakout Initiate long above 1650 RSI at levels of 70
After giving a CUP WITH HANDLE Breakout, it formatted a flag pattern consolidation. Today it's gave a Break-out. We can expect 8% UPSIDE with 3.5% DOWNSIDE Risk. Entry - 2020 SL - 1955 Target 1 - 2075 Target 2 - (2150 - 2180)
Bullish on LT Cup and Handle breakout Target: 25% raise from CMP For Educational Purpose
LTI is showing wave structure like, either larger wave A-B-C is done and now deeper retracement is possible as a wave X, or after wave 1-2-3 is done and now possibly in wave 4, where wave A-B is done and now wave C is unfolding. This stock can see good pullback towards north direction nearly above 4600 where wave C would be equal to wave A, on the way down 4000...
LT shown selling pressure today and has been closed below 20DMA, RK's mass psychological cloud and RK's stop line both are indicating bearish scenario ahead, this stock is showing clear wave counts on daily chart, where after completing 1-2-3-4-5 impulse now its in corrective phase as wave W-X-Y, also chart is showing that W and X has completed now wave Y is...
📈 Larsen & Toubro ( L&T ) 📉 This broke out from a Resistance Zone of downtrending Trendline and closed above resistance which was support earlier of 1760-1775 . On Buy Side I am looking for Targets of 1880, 2000 and 2080. StopLoss should be kept below 1700-1720zone. It offers 1:3 Risk To Reward. All Important Supports and Resistances are drawn in chart. All...
Larsen & Toubro Ltd gainprofit066 High : 18/01/2022 : 2,078.55 Low : 25/03/2020 : 661.00 75% : 1724.16 50% : 1369.77 25% : 1015.38
Harmonic ABCD pattern maturity elliot wave impulse phase maturity divergence on RSI Waiting for price action confirmation let's see what's in store.. HARMONIC + ELLIOT WAVE + PRICE ACTION deliver around 80-90% results, try to use combination of all 3
Larsen & Toubro Ltd. is ready to breakout and move upwards if it retains 1920 on closing basis. On Daily Chart it is both (Adaptive Relative Strength)ARS & Static Relative Strength(SRS) Positive. Relative Strength setup as per @premalparekh #RSWarriors Note: It is not a trade ideal. Just for educational purpose. Consult your financial advisor before...
EXPLANATION : This is a 1 hour time frame chart of LARSEN & TOUBRO . It has formed Head and Shoulder pattern , If give a strong breakdown and broke its Demand zone with high volumes and retest the same , I am bearish on LARSEN & TOUBRO . If give a fakeout trade with confirmations . LARSEN & TOUBRO Result on 27 Oct '21 . If you like the analysis give a Like //...
Buy LT Only if it crosses 1800 level at the end of this month with a good volume improvements for good momentum ahead. Folow me for more such updates ahead and do hit the like button if you benefitted from my content Happy Trading :)