Larsen & Toubro weekly chart is looking good for a potential breakout above 1600. Target: 2000 SL: 1270 Note: For educational purpose only
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...
Highlights: 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.
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...
L&T trend BO, can buy small qty now and add more near 1330 on bounce SL 1295 T 1430, 1510, 1570 TSL above 1580
L&T retested the trend line, short L&T for target of ₹1326 (5.22%) Ph 6006840151
READ THIS: Less than 05% of the analysis has failed so far. I am posting 10 a day. You can check the history. 1. Check the levels and analysis. 2. If you are new, trade in low quantity or trade with virtual currency. 3. Don't trade immediately on a breakout or a breakdown. Let the price retest the level. Then let it give a confirmation candle. Only then trade. If...
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.
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.
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...
I hope you can now see how LT represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor. Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis . Disclaimer: It should not be assumed that the...
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.
Long LT at High Volume Node of Volume Profile - 909.4 SL - Exit if day's close below 885.4
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.
Yes,it's true. See this latest bullish fundamental report: The National High Speed Rail Corporation Limited (NHSRCL) on October 19 said Larsen & Toubro has emerged as the lowest bidder for the largest segment of the Mumbai-Ahmedabad bullet train project. And now I seen something surprisingly in the technical chart. that is...... Cup and handle formation and...
LT IS CURRENTLY TRADING IN ITS VERY CRUCIAL SUPPORT AREA. MOST OF THE PEOPLE BELIVES IT WILL REVERT FROM THIS SUPPORT AND THERFORE ONE SHOULD GO LONG. BUT AS PER MY VIEW IF STOCK IS HOVERING AT A PARTICULAR PRICE IN THIS PARTICULAR CASE AROUND 895-905 THEN IT'S SURE THAT SOMETHING IS COOKING AND WE SHOULD BE CAUTIOUS. (MIGHT BE PEOPLE WERE RIGHT ABOVE GOING...
L&T has broken its trendline with volume. Always keep such stocks in your watchlist. In many cases such volume buzzer stocks doesnt give much movement next day. A small hurdle at 970-975. Looking at the consolidation and if all goes well LT may soon touch 1000 and above.