Larsen & Toubro is a fundamentally very strong company. One of the best company in the technology sector. Valuations are also reasonable. Haven't participated in a rally yet. Likely to rally in the coming weeks.Short term target of 1000 & Long term Target of 1200.
trade with caution, preferably using a risk defined strategy. follow due deligince.
RSI moved from 40 indicating upmove which is supported by buy signal in MACD. Price Acttion shows reversal but the movement of 200 EMA suggests that price may face resistance once it reaches that level. Anyway, it looks good for swing with a price range of 950-960 being the target and stoploss being below the channel.
LARSEN AND TOUBRO BUY ABOVE 941 TARGETS: 947, 954, 960, 966, 972, 979, 986, 994 IF SUSTAIN ABOVE 941 ON CLOSING BASIS THEN ABOVE TARGETS POSSIBLE Posting for Educational purpose only Closing Basis means stock need to trade above 941 between 3:20 ~ 3.30 PM If my analysis appears OK then please LIKE, FOLLOW and SHARE to get more future ideas
L&T FUTURES TRADE BUY@917.5 STOP@909 TARGET@933 QTY=550 LOT=3
Larsen & Toubro today posted very bad results with 79% slumps in business and also stock looks heavy selling due to pressure. one can accumulate for short position with target 850/ & 800/- with stop loss 940/-
In 1 hour chart we can clearly see breakout in Larsen & Toubro. We can confirm our breakout in Aroon Indicator, MACD has also generated a positive crossover. Take long positions guys we will definitely achieve our target.
Key Levels for LT : INTRADAY CHART ANALYSIS UPPER BREAKOUT~890.25 FIRST TARGET~896.75 INTERIM RESISTANCE~905.35 FINAL RESISTANCE~913.65 LOWER BREAKOUT~880 FIRST TARGET~875.10 INTERIM SUPPORT~869.15 FINAL SUPPORT~860.85 My views are for educational purposes only. Please trade with caution and consult your financial adviser before trading.
INTRADAY TRADE IN LT(LARSEN) SHORT@885 STOP@895 TARGET@875 !!please note trade with caution!! !!manage your risk!! !!trade-wise!! !!please adjust for future rates!!
INTRADAY TRADE IN LARSEN(LT) BUY@961.5 STOP@954 TARGET-1@975 TARGET-2@990 QTY=750(CASH) !!please note trade with caution!! !!manage your risk!! !!trade-wise!! !!please adjust for future rates!!
BTST TRADE IN LARSEN (LT) BUY@905 STOP@890 TARGET@935 QTY=750 !!please note trade with caution!! !!manage your risk!! !!trade-wise!! !!please adjust for future rates!!
Key Levels for LARSEN AND TOUBRO : UPPER BREAKOUT~881.45 FIRST TARGET~896.85 INTERIM RESISTANCE~909.10 FINAL RESISTANCE~922.95 **************************** LOWER BREAKOUT~861.50 FIRST TARGET~850.75 INTERIM SUPPORT~840 FINAL SUPPORT~829.45 My views are for educational purposes only. Please trade with caution and consult your financial adviser before trading.
INTRA-DAY TRADE IN L&T MAY FUT BUY@830 STOP@822 TARGET@840 QTY=1125 !!please note trade with caution!! !!manage your risk!! !!trade-wise!! !!please adjust for future rates!! !!intra-day ideas series everday at between 9:30 to 10:30!!
Infra sector is the latest one to catch the investor's interest. L&T is among most leading stock in this sector, can be bought on dips. Safe traders can create positions using bull spreads of 920 and 1020 calls, pay out is about 20 Rs. Put of 820 can be sold to reduce the payout to 8-9 Rs. As per y'day closing prices of 920 Ce was 37.8, 940 Ce was Rs. 10,...
Fall is expected in couple of months. If it breaks 717.35 may correct further down.
EVERYTHING MENTIONED STOCK MIGHT TAKE SUPPORT AT GREEN ZONE THEN MOVEMENT EXPECTED IS SHOWN WITH GREEN ARROWS IT MIGHT ALSO DIRECTLY FALL ALSO WE HAVE TO WATCH PRICE ACTION TRADE AT YOUR OWN RISK
Hi Friends, As per chart pattern, Buy possible above 1340 ON CLOSING BASIS SL 1280 and Target 1350, 1359,1364, 1375, 1395 Posting for Educational purpose only