Larsentoubro
Highway Projects: Ban on Chinese companies LT was already on its trend line support ready to breakout.
The latest announcement would definitely catalyse it.
Buy Buy Buy
Key levels marked on chart.
LT Trading SetupDisclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
LT - Beauty lies in beholder's eyes.Everything on Chart.
We engineers have always loved LHS = RHS questions, so you can blame the bias!
But everything seems to fit so perfectly here.
Elliot will be proud (or absolutely enraged!)
Support and Resistance have also been marked in what should be the next price value area based on historic price action.
(You will have to scroll the chart to the left to see it)
The purpose of sharing it is only to attract feedback to my analysis - its not a trading advice! stock trend analysis is based on personal judgement in my opinion - the same patterns can be looked at a different way altogether - I have myself lost money (and made some ) while following some recommendations blindly! Please follow your own instincts !
LT | BREAKOUT ABOVE 995 | in coming sessionsIt may consolidate below 995 before it give a good breakout. So keep watching this level & wait for breakout in coming session.
Above 995 looks good for long with target of 1015,1042,1070.
Disclaimer : Only for educational purpose. Please consult your financial advisor before putting money into the market!!
L&T will shoot like a bulletL&T is in a perfect buy zone. Just buy and sit tight for the target of 985.
L &T 15 mins chart long till 970its a clear buy
breaks the resistance in a uptrend and made pull back
first target 945
2nd target 975
entry point 918
LT - Bullish Engulfing at 61.8% Fibonacci RetracementNote: This is for educational purpose only
There is a bullish engulfing at 61.8% retracement of Fibonacci series. Usually 61.8% retracement acts as a good level from where price usually bounces back based on price action which here is bullish engulfing.
LT KEY LEVELS SUPPORT AND RESISTANCE 18/06/2020 THURSDAYKey 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)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!!
LT (LARSEN & TOUBRO) Go longGo long for levels as i think it is going to high 1040 according to market but if it closes above 975. Your Stop Loss should be 950-945
SHORT ON LT(NSE)This analysis is only for educational purposes, Invest at your own risk!
Short at 820
Buy at 800
larsen & toubro trend analysis & predictionlarsen & toubro has not broken 835 levels .. and retraced from there.. so according to fibbonacci levels it can go down till 801 & then 767.. buy at 775 levels..
L & T elliott wave Chart pattern and trading level.L & T price moving between perfect channel and price is in its corrective wave (b). Wave (b) forming internal double standard of correction in zigzag manner. Price took U turn from 885 level where upper channel was placed. Now price is near lower channel line. Tomorrow If price touch lower channel near 784 may be good buy zone. 784 level is also gann support level.
As per wave perspective price is in a wave of (b) wave and after completion I expect price will touch upper channel line once again.
LT KEY LEVELS SUPPORT AND RESISTANCE 15/05/2020Key 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.
