Larsentoubro
L&T Multi time frame + fibo + flag pattern In 2 hour timeframe stock has formed a flag pattern, Currently closed to proper valuation as shown by the valuation band in 1st chart. Also taking support from Demand zone .
In the30mins timeframe it has formed some price pattern and also Supported by 20 daily ema .
The Indicator Used:
PANEL 1:
1) Valuation band
KEYS: Red Faded Cloud: Over Valuation.
Grey Faded Cloud: Proper Valuation.
Green Faded Cloud: Under Valuation.
2) TE-REKAB - Proprietary Indicator
KEYS:
PB: Pullback
Blue Candle: Selling Divergence
Yellow Candle: Buying Divergence
Panel 2:
1) Daily Lines Plots Daily 20 (BLACK) & 50 EMA (GREY), BLUE (200 DAILY EMA ) Also On Lower Time Frame Charts.
If you like the analysis, do leave a like and follow for more such content coming up.
The analysis is my POV , hope you got bucks in your pocket to consult a financial advisor before investing :P :)
Larsen & ToubroLarsen & Toubro
long above:- 1575
short below:- 1500
1500 to 1575 condolidation zone
Stay tuned with me by following @GKS_TEJA.
Please LIKE you are convinced with my explanation, if not let me know in the comment section. I am eagerly waiting for your reply whether it good or bad just reply to this article.
Thanks for reading.
follow:- @GKS_TEJA
follow:- @GKS_TEJA
follow:- @GKS_TEJA
Disclaimer:- It's just for educational purposes.
Stock looks weak below 1325NSE:LT
Stock has been trading in a parallel channel for almost all of Jan and yet RSI & MACD has also given a clear divergence over the same period.
A decisive break below 1325 and the stock might correct towards 1300/1275/1250
All ideas shared are for educational purposes.
Larsen & ToubroLarsen & Toubro reversal zone areas.
.
To make it simple I mentioned all-important levels in one picture, make sure that to watch carefully.
Please LIKE you are convinced with my explanation, if not let me know in the comment section. I am eagerly waiting for your reply whether it good or bad just reply to this article.
Thanks for reading.
Disclaimer:- It's just for educational purposes.
History Repeat Itself (Please have an look on my previous Tweet)Please have an look on my previous publish idea about LT. LT test the Long term Target of 1600 & now accumulating. those want a fresh entry can accumulate at that level. Previous idea link attached for analysis.
Note: For knowledge Sharing only. don't trade on someone idea do your own analysis before trading & Investing.
LT 11/1/21 MondayThe price action of the stock clearly states The Trend is Bullish from past few sessions. It’s quite interesting to analyse the chart at such levels. There’s Strong probability to achieve Target 1 in the upcoming session . In spite of heavy volumes coming in, the price action has not given any specific momentum in today’s trading session, other than the opening gap up. There’s definitely accumulation going on which will result in heavy bull rally in coming sessions. Till then Target 1 and 2 are reasonable prices one can trade for . On intraday TF ,price has tested support on 16 EMA ,which is close to the support zone . Before initiating the trade check for the trend and whichever signals you rely on . TRADE WISELY AND SMARTLY
L & T - Ascending channel pattern formation at monthly TF(Long) LARSEN & TOUBRO (L&T) - Ascending channel pattern formation at monthly time frame
Always trade what you see, never trade what you feel. Make this a habit, you won't be requiring any seminar, webinar, or mentor, you will be self-sufficient.
Disclaimer : All charts are purely for educational and information purpose only. Invest or Trade at your own risk.