Minimum Doubler??L&T after consolidating for nearly two years has given inverse head and shoulders pattern and breakout can lead to target of 2200 within a year and also the IT subsidiaries are outperforming the market.
SL: 1400 wcb!
Larsen
Larsen & Toubro - INHS PatternNote: This is for educational purpose only. Please do not trade in F&O based on this analysis.
There seems to be an Inverse Head & Shoulders pattern bullish breakout. RSI above 70 indicates bullish momentum as well.
SL: ₹ 1500
LT LONG : All targets done.Please check my idea posted previously on 23-06-21. The trade has turned out beautifully and all targets have been reached and LT has closed at an all time high of 1618.
LT has been in a nice uptrend, continuously making higher highs and higher lows. After the recent pullback to the 20 EMA , a nice continuation candle has formed. A long can be initiated keeping in mind the following levels, only if it sustains above long level for 15 minutes.
LONG ABOVE : 1505
STOP LOSS : 1469
TARGET 1 : 1541
TARGET 2 : 1577
Larsen and Tubro - Retest 1500 Charts suggest that Retesting 1500 and taking off to higher highs. Watch for Price action at 1500. If breakdown happens then 1450-60 could be a possiblity.
L And T Trend ... analyzed ..See the chart i draw carefully ,Do like ideas , do follow me for more ideas on other shares like Asian paints ,United spirits, HUL,ITC , etc.. this is just An idea .
L&T Finance Holdings - Positional view | Potential 100% gainKey Highlights:
1. Bullish market structure - HH, HL
2. Volume expansion
3. Forming descending broadening wedge
4. Approaching major resistance zone 99-108
5. Close above 108 will trigger a rally to 150+
7. Target: 123, 146, 174, 198. Stop Loss: 82
8. Time frame: 9-12 months
I have made an illustration on the left-hand side, to explain the descending broadening wedge pattern.
You are always advised to use an appropriate Risk-Reward ratio as per your strategy.
P.S: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.
Larsen & Toubro - Positional Idea | Inverse head & Shoulders Key Highlights:
1. Bullish market structure - HH, HL
2. Volume expansion
3. Forming Inverse Head & Shoulders
4. Approaching major resistance zone 1537-1603
5. Close above 1600 will trigger a rally to 1800+
7. Target: 1846, 2163, 2517. Stop Loss: 2185
8. Time frame: 12-15 months
You are always advised to use an appropriate Risk-Reward ratio as per your strategy.
P.S: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.
Larsen Toubro LT - Potential Bullish StrcutureHighlights:
1. Break of trendline
2. Change in Market structure
3. Volume is expanding relative to the previous sessions
P.S: This is NOT investment advice. This chart is meant for learning purposes only and is a part of my personal journal. Invest your capital at your own risk.
L&TL&T - Cmp 1442
The stock is breaking out from its resistance levels with decent volumes. Looks good for long if sustains above 1435 on closing basis for possible targets of 1495/1535/1575.
Larsen & Toubro InfotechLarsen & Toubro Infotech
LTP: 3665.45
Support: 3593.30
Resistance: 3780.00
Most important level with highest Open Interest
3500pe - 25950 (major support)
4000ce - 50850 (major resistance)
The price is very close to an important level, 3593.30. The candles have taken support at the mentioned levels multiple times since December 2020.
RSI is in the oversold range which means that we might see 4000+ levels again before expiry this month.
The pattern formed on the hourly chart looks like a rounded bottom which is a bullish pattern.
Daily chart does give an impression of a head and shoulder pattern but looks like the downfall should end as 3500 put has good open interest.
***looks like a buy for medium to long term targets of 4000+
LT_DOUBLE BOTTOM PATTERNA double bottom pattern has been spotted on LT chart.
One can go long from here with strict swing low SL or can wait for some retracement to happen.
(for educational purpose only)
History Repeat Itself (Please have an look on my previous Tweet)Please have an look on my previous publish idea about LT. LT test the Long term Target of 1600 & now accumulating. those want a fresh entry can accumulate at that level. Previous idea link attached for analysis.
Note: For knowledge Sharing only. don't trade on someone idea do your own analysis before trading & Investing.
larsen & Toubro NSE:LT
if l&t cross 1383 then it can touch 1400+. keep sl as per your risk appetite.
******whatever charts or levels sharing here are just for educational purpose only not a recommendation. please do your own analysis before taking any trade on them. we are not SEBI registered.
LT looking Bullish Larsen & Tubro looking bullish on the chart, facing multi time resistance, if Resistance Broken , can move higher (Targets Mentioned: Short , Medium, Long ). dont trade on advice, do your own research before trading & Investing.
Larsen & Toubro ltd weakly price analysis stock short term trend is down but the long term trend is up. don't create any new entry just wait and watch
larsen tuboweekly trendline crossed and down!
another entry 1294
my pervious entry 1313 exit 1320
wait for entry
its a double side profit!
Larsen & Toubro | LONG | CHART#7Price tried to break the Supply Zone at 995 for about 4 times.
At this point(4th) time, stock is making higher lows with good volume , which clearly indicates a possibility of breakout above 1000 level.
Also (20, 50)MA crossover confirmation
*IMPORTANT LEVELS to WATCH*
LONG Above 1023
SL @ 921
Target1 @ 1198 | Target2 @ 1279
Demand Zone @ 875 | Historical Demand Zone @ 662
Good Luck Investors❗
-GokulHari
