Larsen
Sell LTBelow 1415, LT may slip to 1360-1390 zones and if 1360 is broken, we may see much lower prices
LT: Buy at 1317 SL 1300 (Close) TGT 1347LT has traded with volumes more than 6 times its average on NSE today with Total gain of 6.82% on closing basis. Stock is in Uptrend now with Gap-up opening today. Fresh Longs being built up today on LT.
Tomorrow will be an opportunity to enter the stock preferable around 1315 levels. I have mentioned an entry at 1317 with Stop-loss on closing basis below 1300 and a target 1 at 1347. If stock crosses 1358 further strength can be seen. NSE:LT
Long opportunityLT is trading above a 6 month old support zone . One can go long with a Stop loss just below recent low.. If it breaks below support zone it can be shorted
LARSEN - Lets engineer money - StrategyFolks ,
Execute following strategy quickly :
Buy 1 lot 1380 call @ 31
Buy 1 lot 1380 put @ 35.5
What say guys larsen wont move up or down by 67 rs in next 10 days ?
you got it , one of option writer is not correct.
Let's see , Don't overleverage and by 10 lots , Just play in 1 lot .
So we will square off if price goes to 1310 or 1450 whichever comes first
LT : Pullback entry on ?!Whether the pullback will happen or not : No idea
Thing we know for sure is entry on pullback :)
Its daily chart, so have patience !
L&T is at crucial levelThe breakout could lead to quick 10-15% gains and in long term 40-50% gains considering that New Metro 0.54% and road highways in India.
Larsen - Looking Weak Ahead (Bearish Candlesticks)It is been observed that the price action indicating weakness due to the formation of two consective bearish candlesticks at the prior resistance levels. It is also indicating price rejection at higher levels.
Target 1: 1700
Target 2: 1680
Stoploss: 1760
LT : Lanes of Line to the South !Fine, though its just basically by trendline break in LT, we should look for risk-reward. Bcos, a decent risk-reward is must even for mediocre tradeplan. Trendline break & entry of shorts in LT can sound mediocre, but the decent risk-reward is icing on cake. Check with your trade plan & enter only if it suits you !
L&T ----- Lets Engineer Money Hi All ,
Everything on chart .
No Naked Futures or call :
Strategy :
Buy Futures and 1720 puts ,
Buy 1740 call and sell 1780 call (my choice)
Buy 1720 call (3 lots) and buy 1720 put(1 lot) (put /call ratio your choice , keep it tilted on call side)
Lets Engineer Money .
Note : Consult your financial risk adviser ,Risk of capital loss, paper trade or education purpose only.
Channel Down formation on LT - LongChannel down formation on LT at 30mins chart. Indicators are not giving signal for bull.
Trade may active on tomorrow or today (16/11/2016) itself.
May be LT move over sideways until indicators giving bull signal. so keep focus and add in watchlist for next day.
Trade Idea:
Buy above - 1380
Target 1 - 1395
Target 2 - 1408
Stop Loss - 1366
Target 1 points gain - 15
Target 2 points gain - 28 (Total)
Stop Loss points lose - 14
LT is going to form a triangle shapein.tradingview.com
L&T is forming a triangle shape in 60 mins chart and it may take few days or a week to complete the triangle.
Note: I am advising to make this stock in watch-list
Larsen & Toubro : Turbo Mode On !LT one of my favorite scrips, whether its intraday or positional this scrip performs really well (just my opinion,can be different exp for you ). Those who follow me for a while ( 6 months or so ) might be knowing about the Investment analysis we did on LT. We got it somewhere around 1100's I guess, now LT @ 1500's. Great Returns. Flashback over, back to reality...
Now we have bullish flag in LT, if we get proper breakout enter long positions with proper stops n target. If flag fails don't enter downside, for few other bullish flags we entered on downside breakout, but not this one, there is a reason behind it. Can someone predict what's the reason behind ? Come up with your reasons..most welcome...
LT: Cyphers & Channels - How to trade !Hi Friends,
We have cypher pattern (potential) in LT and the C to D leg is channeling right now. Even in the channeling we have 2 types - outerchannel (white) on current timeframe n innerchannel (red&whitelines which is 5min Intraday). So trade it as normal breakout trade but decide whether it's gonna be 15min or 5min check ur risks before entering the trade. When cypher gets completed we can take short positions in LT.
Happy Trading !
LT Breaking out from Range (Sell)After consolidating for two days on a range, today it breaks out from the same range and now targeting to next support levels at around 1460. Good time to short with Stoploss of 1515
