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Larsentoubro

LT - Long SetupCMP 3947 on 09.12.24 Since January 2022, the stock has been traveling in a rising wedge pattern. For the last many days, the price has been moving in a range (shown as a rectangular shape). This time looks like breaking the upper levels. Immediate supports seem to be around 3860 and 3740. One may start buying from the current price to as low as 3860, multiple times. Always keep the position size in accordance with risk management. The setup fails if the price sustains below 3730. All this illustration is my own view, shared only for learning and observation purposes. It is not a piece of trading advice in any form. All the best.
NSE:LTLong
by anandlive
Ashoka Buildcon for 60% gainsDate: 15 Oct’24 Symbol: ASHOKA Timeframe: Daily Ashoka Buildcon seems to be in Wave 4 which is likely to see one more leg down before it starts to move up in Wave 5 towards 370 (~60% from end of Wave 4) as seen in the chart. Company’s market cap (~7000 cr) to sales (10,000+ cr) ratio is at 0.68 while the industry average is 4 times higher at 2.24. This is not a trade recommendation. Please do your own analysis. I have the right to be wrong. Aisa lagta hai ki Ashoka Buildcon Wave 4 mein hai, jiske Wave 5 mein 370 (Wave 4 ke ant se ~ 60% adhik) ki taraf badhane se pahale ek aur baar neeche jane ki sambhavna hai, jaisa ki chart mein dekh sakte hain. Company ka market cap (~7000 crore) aur sales (10,000+ crore) ratio 0.68 hai jabki industry ka average 4 guna adhik 2.24 hai. Yah koi trade lene ki salah nahin hai. Kripya apna vishleshan khud karein. Aur mujhe galat hone ka adhikaar hai.
NSE:ASHOKALong
by DhandhaPaani
LT continues its consolidation phase within the symmetrical triaAs LT continues its consolidation phase within the symmetrical triangle formation, traders should closely monitor the price action around the key levels of resistance at 3700 and support at 3500. A breakout above 3700 could signal a bullish trend, potentially leading to higher targets, while a breakdown below 3500 might indicate further downside risk. Keeping an eye on volume and momentum indicators as the price approaches these boundaries can provide additional insights into the potential direction and strength of the move.
NSE:LT
by TradePatternsLikePro
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
LT is waiting for something called BigHello Traders, There is High Traffic Jam in LT now days. Seems that it could not define the way but something big is planning out there. Once it has been revealed be prepared for the results. Be cautious there could some accidents can occur too. Because the accumulation is going on too serious that is results can make a History. Possibility & higher chances are that it can open the Range for the upside because the strong Rejection from below levels have seen & a very rough hardcore volatility has been seen. Be Patience Thank You Prince
NSE:LT
by Princetechnicals
L&T weekly Update 14/JUN/24HELLO TRADERS. A very good evening. As we can see The big infra giant is In consolidation from Last few weeks after a great Rally. The Giant is Taking rest for Some Time in order to Give the next big move. As we can see that The giant has entered a BEARISH territory few weeks ago, same has been covered & shifted to the BULLISH ZONE again. Formed a HH pattern & Bullish Harami Candle has been Formed inclusions of Last week. Its Not worth taking the Directional Position in this zone. Let it Accumulate & Close above 3950 levels. HAPPY TRADING
NSE:LT
by Princetechnicals
L&T Weekly update 07/JUN/2024LARSEN & TUBRO infra giants trading in the Range from past few weeks. BELOW 4100 levels is not good spot for going long. But the WEEKLY RSI spot the BULLISH HIDDEN DIVERGENCE. Wait for the Pattern creation & Multiple Confirmations. MONTHLY RSI > 60 WEEKLY RSI < 60 wait for the Weekly closing of RSI above 60 levels. So the trade can be Planned out on DAILY TIMEFRAME. Seems to be the Breakout to be done with INVERSE HEAD & SHOULDER pattern. HAPPY TRADING
NSE:LT
by Princetechnicals
Right time to accumulate this stock for swing tradingCompany:- Infosys Ltd. Sector:- IT (Information & Technology) M Cap :- 6.14T Technical Analysis:- The stock has experienced a notable decline of 15% from its recent peak. Delving into the intricate dynamics of its price movements, an examination of the hourly chart reveals a completion of correction within wave 12345. Furthermore, a meticulous observation of the daily chart showcases the emergence of an inside candle, signaling a potential breakout imminent in today's trading session. Of particular note is the breakout of bullish divergence coupled with a period of consolidation evident on the hourly chart. This confluence of indicators suggests a compelling trajectory for the stock, with a projected upward movement towards the levels of 1575 and subsequently 1620 in the foreseeable future. Disclamer:- Before taking any trade or investment do your own analysis or cunsult your financial advisor.
NSE:INFYLong
0
by Pro_Trader_Club
LARSEN & TOUBRO BULLISH VIEWLT looks like a bullish which forms a cup handle pattern the previous high was broken and a retest was also done a small flag pattern also form Entry@CMP Stop loss@3670 1st target@4040 2nd target@4400 Disclaimer: I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade. Happy trading. so please keep LT in your watchlist for long term investment. If you like my view, do support it with a boost whitch is valuable inspiration for me to post ideas like this in future. thank you friends!
NSE:LTLong
by Ashokdyavan123
L&T: Cup & Handle FormationLT: CUP and Handle Formation: Prices are likely to resume it's uptrend towards 4100-4150 zone in the coming weeks, with any weakness holding above 3500 zone. The Cup with Handle is a bullish continuation pattern that marks a consolidation period followed by a breakout. It was developed by William O'Neil and introduced in his 1988 book, How to Make Money in Stocks. As its name implies, there are two parts to the pattern: the cup and the handle. The cup forms after an advance and looks like a bowl or rounding bottom. As the cup is completed, a trading range develops on the right-hand side and the handle is formed. A subsequent breakout from the handle's trading range signals a continuation of the prior advance. Trend: To qualify as a continuation pattern, a prior trend should exist. Ideally, the trend should be a few months old and not too mature. The more mature the trend, the less chance that the pattern marks a continuation or the less upside potential. Cup: The cup should be “U” shaped and resemble a bowl or rounding bottom. A “V” shaped bottom would be considered too sharp of a reversal to qualify. The softer “U” shape ensures that the cup is a consolidation pattern with valid support at the bottom of the “U”. The perfect pattern would have equal highs on both sides of the cup, but this is not always the case. Cup Depth: Ideally, the depth of the cup should retrace 1/3 or less of the previous advance. However, with volatile markets and over-reactions, the retracement could range from 1/3 to 1/2. In extreme situations, the maximum retracement could be 2/3, which conforms with Dow Theory. Handle: After the high forms on the right side of the cup, there is a pullback that forms the handle. Sometimes this handle resembles a flag or pennant that slopes downward, other times it is just a short pullback. The handle represents the final consolidation/pullback before the big breakout and can retrace up to 1/3 of the cup's advance, but usually not more. The smaller the retracement, the more bullish the formation and significant the breakout. Sometimes it is prudent to wait for a break above the resistance line established by the highs of the cup. Volume: There should be a substantial increase in volume on the breakout above the handle's resistance. Target: The projected advance after breakout can be estimated by measuring the distance from the right peak of the cup to the bottom of the cup.
NSE:LTLong
by TradingSutra
LT - Seeing the opportunityAll levels are mentioned on the charts. The stock comes near its five-month-old support trendline. If bounces from here, maybe in an uptrend again. the upside targets maybe 2350 or even more ( you can see the previous broken support retest behavior ). The best entry price is as near as possible to 2150 If breaks down from 2150 for a couple of days, then the bullish view will diminish. Only for learning and sharing purposes, not a bit of trading advice in any form. All the best.
NSE:LTLong
by anandlive
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