LARSEN TOUBROIt has activated a bullish harmonic gartley in hourly time and a bullish c clamp in 15mins tf. If it holds 790 it could retrace till 840-860
Larsentoubro
[L&T] Low Risk (1%)...High Reward ( upto 7%)With some FUNDAMENTAL weakness (like decline in net profit, profit margin & net cash flow), L&T stock is in BEARISH mode .
Hence call for SHORT, all details regarding entry price, SL, targets etc are mentioned on chart.
Weekly time frame gives an indication on Possible Support line in coming days/ weeks if it falls.
=========== WEEKLY CHART (for possible support & resistance levels) =========
Note: Since it has it has already retraced to 1st target of H&S (i.e. fall by right shoulder level from neckline) hence there is POSSIBILITY of TREND REVERSAL . Hence in that case, you may chose the LONG option. All details are mentioned on chart.
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Stay safe,stay healthy
LT going down to 803 on monday LT looks bearish to me 803 is the fib retracement level so at least it will go up to that good for day trading and technically also it is bearish and then if it breaks the 803 level with good volume then next level is 785 (61.8%) retracement level
give your thoughts in comment section and please correct if you find any mistake
tell me more stocks which i should analyse
INTRA-DAY TRADE IN L&T MAY FUTINTRA-DAY TRADE IN L&T MAY FUT
BUY@830
STOP@822
TARGET@840
QTY=1125
!!please note trade with caution!!
!!manage your risk!!
!!trade-wise!!
!!please adjust for future rates!!
!!intra-day ideas series everday at between 9:30 to 10:30!!
LT Breakout Keep a lookout on breakout of LT. Breakout possible from any side but more possibility is towards upside.
NSE:LT
LT KEY LEVELS SUPPORT AND RESISTANCE 27/04/2020Key Levels for LT:
UPPER BREAKOUT~860.55
FIRST TARGET~872.60
INTERIM RESISTANCE~884.65
FINAL RESISTANCE~895.60
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LOWER BREAKOUT~840.85
FIRST TARGET~829.90
INTERIM SUPPORT~817.85
FINAL SUPPORT~804.70
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.
L&T can be bought on dips towards 855-875, target 1030.Infra sector is the latest one to catch the investor's interest.
L&T is among most leading stock in this sector, can be bought on dips.
Safe traders can create positions using bull spreads of 920 and 1020 calls, pay out is about 20 Rs.
Put of 820 can be sold to reduce the payout to 8-9 Rs.
As per y'day closing prices of 920 Ce was 37.8, 940 Ce was Rs. 10, and 820 Pe was Rs. 12.5.
Hold this as long as L&T is above Rs. 850.
L&T towards 717.35Fall is expected in couple of months. If it breaks 717.35 may correct further down.
L&T Finance trade setup - Megaphone and Range breakout trade L_TFH is on a verge of making a big move in either direction.
The range of 132.5 and 127.50 is going to be crucial.
In short take position in the direction of breakout/breakdown!
Buy L_TFH above 132.50 with SL of 127
Short L_TFH below 127.50 with SL of 132.50
L&T FORMING FLAG PATTERNL&T FORMING FLAG PATTERN, KEEP IT ON WATCH LIST, WHENEVER IT BREAKOUT ON ANY SIDE TRADE ACCORDINGLY.
L & T Good Time To Enter !!L & T's Harmonic Bullish Pattern Entry Point Has Already Reached !!
Entry 1380
Stop Loss 1360
Target 1420
LARSEN & TOUBRO REVIEW FOR MONDAYEVERYTHING MENTIONED STOCK MIGHT TAKE SUPPORT AT GREEN ZONE THEN MOVEMENT EXPECTED IS SHOWN WITH GREEN ARROWS IT MIGHT ALSO DIRECTLY FALL ALSO WE HAVE TO WATCH PRICE ACTION
TRADE AT YOUR OWN RISK
The stock may meet immediate resistance at 1340 levelsA decent move was noticed in Larsen & Turbo this week. The prices closed above a previous swing, RSI has moved into neutral zone from a bearish area while MACD has moved above zero level. These point towards strength in the counter, with expectation on infrastructure expenditure allocation in budget a up move may be triggered in the stock. The stock may meet immediate resistance at 1340 levels, price action needs to be watched there. Above which the stock may move to 1420, 1450 levels. While 1345 -1330 may provide support to the price below this the stock may fall to 1290 – 1270 levels.
LT REVIEW FOR FRIDAYPINK LINE HAS TO BE BREACHED ON CLOSING BASIS USE 30 MINUTE CANDLE TARGET MARKED AND ALSO IT MAY COME DOWN IF TAKEN RESISTANCE FROM BOTH PINK ONES
