Larsentoubro
L&T Finance (CASH)This time the stock is so weak that its trading above 10 days Moving Average that is 115.
For Upside the first target will be 125.45, If it sustain on it then next investor target will be 140,
In case Downside continues then 105 would be an entry level. Exit at 115 .
L&T: Rectangle Breakout!Larsen and Toubro has been consolidating sideways for about a year and half forming a rectangle pattern.
This pattern is finally broken last week. It snow time to enjoy this LONG ride!
Happy learning!
L&T Breaking resistancecurrent resistance levels at 1390. Massive upside if it crosses this level. MACD looks to converge soon, indicating a good bull run if it breaks 1390 level
Sell LTBelow 1415, LT may slip to 1360-1390 zones and if 1360 is broken, we may see much lower prices
SHORT : Victor Sperandeo 2B Reversal Pattern RSI DivergencePrice formation suggests a short as recommended by Victor Sperandeo in his 2B Pattern. Price closed above the previous high yesterday with good volume but got rejected immediately and closed below to low of yesterday. One can short the stock with reasonable stop loss. Risking the small amount gives an opportunity for a decent Risk to Reward ratio trade. RSI divergence is one more confirmation for the trade.
Disclaimer : All ideas are my personnel view. Please take financial consultancy for trading decision.
Larsen Turbo Go long LT add around 1180 to 1220 and hold it target : 1400 1500 1550
If Break 1400 level then LT ready to drive 1440 1500 1550
time hold next 2 to 3 month
L&T TECH CAN MOVE UP TODAYL&T technology services can move up today. Keep buying on dips, and hold for few days
LARSEN & TUBRO_Trend AnalysisAs on 16th September 2018, as per fibonacci and trend lines, resistance is 1388.95 and support is 1322.95 in daily time frame. Although the trend is not very clear but if it crosses 1385.50 then it will be in uptrend and if it touches and crosses 1329.70 then it will go in downtrend so trade accordingly. I will update LT in the coming days with the share movement in the next week.
Larsen Turbo Bearish BAT patternBearish BAT pattern form in Larsen & Turbo in Daily chart
Target 1308 , 1327 SL 1208
Can This Bat Hold LTThe uptrend line has been touched and held. Price is near a Bullish Bat completion. One can go for modified traditional bat targets. Coz its a reversal trade, it would work only if market pulls back.
For rest, the chart is self explanatory.
Keep liking.
Regards.
beware l&t investor .. l&T need some correction!!!let,s see
IS the uptrend channel work or not??
just chart of l&T tell you everything if you are a technical analysts..
comment your view..
For more query comment below..
i ll happy to see your view, comment and feedback
And follow for such more analysis ....
LT - just 4 day trade (Directional neutral)Hi All,
No naked buy /sell of put/call.
Strategy :
Buy 1300 call march expiry 1 lot@ 18.5
Buy 1300 put march expiry 1lot@10.5
Dont overleverage and buy 5 lots bcas put is available at 11 rs .
Expecting LT to go to target as shown in next 3 days.
Options are risky , consult your financial adviser before taking trade.
Long opportunityLT is trading above a 6 month old support zone . One can go long with a Stop loss just below recent low.. If it breaks below support zone it can be shorted
LARSEN - Lets engineer money - StrategyFolks ,
Execute following strategy quickly :
Buy 1 lot 1380 call @ 31
Buy 1 lot 1380 put @ 35.5
What say guys larsen wont move up or down by 67 rs in next 10 days ?
you got it , one of option writer is not correct.
Let's see , Don't overleverage and by 10 lots , Just play in 1 lot .
So we will square off if price goes to 1310 or 1450 whichever comes first
