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Larsen_toubro

Larsen & Toubro Ltd - Breakout OpportunityDate : 29-Jul-2024 LTP : Rs. 3,774.95 Next Resistances: (1) Rs. 3,919 --> (2) Rs. 4,380 SL : Rs. 3,460 on daily close basis Technical View: • NSE:LT is in it's primary uptrend and was recently going through it's secondary downtrend. • After touching the high of 3,919.90 on 3-Jun-2024, it has retraced 19% to 3,175.05 level. • On 29-Jul-2024, NSE:LT has broke out from its secondary down trend with higher than average volume. • NSE:LT is trading above 21 DEMA, 20 DMA and 50 DMA. • RSI has formed bullish cross over on 26-Jul-2024 and trading at 62.36. • MACD has formed bullish cross over on 29-Jul-2024 and trading at 19.36. Both RSI and MACD are indicating bullish momentum in coming days. • Looking strong to start a new swing from here. Disclaimer : I am not a SEBI registered analyst/consultant and not recommending anyone to take any BUY or SELL position in stock market. Investing in stock market is risky and one should do a self analysis and validation before investing in stock market. My ideas are published for learning purpose only and are available to everyone at no cost/charge.
NSE:LTLong
by vicky252
#Larsen&Toubro #LT #L&T Swing Trade Opportunity NSE:LT 📌 To Trade on This Chart, You Should Have Reversal Trading Knowledge. As Harmonic is One Of The Best Reversal Trading Strategy, But Always Remember That Harmonic Patterns Also Can Fail (there is no holly grail In Stock Market). That's Why One Should Must Have Knowledge Of Reversal Trading To Trade On Harmonic Patterns. 📌 That Dash Line Is Called PRZ, From That Dash Line To that Horizontal Simple Line Area Is Whole PRZ(Price Reversal Zone). ******whatever charts or levels sharing here or on any other platforms are just for educational purpose only, Not A Recommendation To Buy Or Sell. Please do your own analysis before taking any trade on them. We are not SEBI registered.
NSE:LTLong
by linesandlevels
LARSEN & TOURBO SHORT-TERM SWING TRADE!Hi everyone, Larsen & turbo short term swing trade consider buy above: 1,910, targets: 1,980/2,010. stoploss: 1,880. LOGIC BEHIND TRADE: Stock has bounced from it`s daily support between (1,765-1,735) & formed doubble bottom, recently stock has given breakout of it`s neckline resistance and buying on pull back makes good RR. (Targets identified from harmonic xabcd pattern level 1.131) stoploss is taken previous swing low. NSE:LT
NSE:LTLong
by UnknownUnicorn30938178
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