Larsen & 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...
A 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)
EVERYTHING IS MENTIONED ON CHART DISCLAIMER : I AM NOT SEBI REGISTERED ANALYST. MY STUDIES ARE FOR EDUCATIONAL PURPOSE ONLY. CONSULT YOUR FINANCIAL ADVISOR BEFORE TRADING OR INVESTING.
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.
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.
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.
stock short term trend is down but the long term trend is up. don't create any new entry just wait and watch
Long term channel of larsen . .for education purpose only kindly consult your finance advisor before investing
weekly trendline crossed and down! another entry 1294 my pervious entry 1313 exit 1320 wait for entry its a double side profit!
Price 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...
Buy @ CMP CURRENT MARKET PRICE First Sell Target @ 1162 Final Sell Target @ 1282
L&T FUTURES JUMBO TRADE BUY@1027 STOP@970 TARGET-1@1065 TARGET-2@1095 TARGET-3@1125 QTY=110 !!PLEASE NOTE THE ABOVE INFORMATION IS FOR KNOWLEDGE ONLY!! !!TRADE ACCORDING TO YOUR RISK PROFILE!! !!HAPPY TRADING!! !!PLEASE LEAVE LIKE!! !!FEEL FREE TO CLEAR DOUBT IN THE COMMENT SECTION!!
Note: This is for educational purpose only. Post a range bound movement, there seems to be a bullish breakout with high volume. Moreover, RSI is at 70 which is on overbought zone. Hence, expecting some sideways movement post next upmove.