A triangle chart pattern involves price moving into a tighter and tighter range as time goes by and provides a visual display of a battle between bulls and bears. Script = L&T Time Frame = 1 Day
A bearish harami is a two bar Japanese candlestick pattern that suggests prices may soon reverse to the downside. The pattern consists of a long white candle followed by a small black candle. The opening and closing prices of the second candle must be contained within the body of the first candle. An uptrend precedes the formation of a bearish...
L&T has formed Head and Shoulder Pattern on daily chart. Entry We can go short if price breakdowns below the neckline with strong bearish candle. Target We can keep target near the next support zone as marked on chart. Stoploss We can keep stoploss above the neckline. Please like and follow me.
LT share elliot wave analysis daily time chart complete upside 5 wave and 2 or 4 trendline break price go down wave ABC volume decrease rsi decrase macd negative
A triangle chart pattern involves price moving into a tighter and tighter range as time goes by and provides a visual display of a battle between bulls and bears. Script = Larsen & Toubro Time Frame= 15 min
8 feb Larsen and Turbo view main tain short view as soon as cross the lne below
trend line breakdown witnessed today resistance marked at higher zone while in short term as long as trading below today's high areas can witness a retest of marked support zones
A broken trendline is a technical signal that can suggest a change in trend is at hand. If low volume (rather than high volume) accompanies the break of a trendline, the signal is not as strong or convincing. It can make sense to wait a day or two to make sure that the trendline break is legitimate Script = Larsen and Toubro Time Frame = 1 day
The FASP for L&T is listed for 11-1-2023 . You can add this levels to your trade setup for better results. This should not be the only indicator but an additional tool to increase your winning possibilities. What is Fibolysis Anchor SupRes Points(FASP)? It is a unique level arrived by using Fibonacci Retracement , Fibonacci Extension , Standard Pivot levels...
LT on the daily formed a possible bear trap by closing below the trend line & then showing a v shaped recovery from there. On the hourly it has closed above the downward sloping trend line resistance but it was not a convincing break. There are 2 major supply zones sitting on top of it, the first one is a very small zone which has a less probability of holding...
Chart Patterns suggesting me to go with the above titled opinion !!! Reasons 1. Dec 21,22,23 daily candles with volumes suggesting the bears entry .(Dec 23rd candle being breakdown candle of trendline from june 2022). 2. Follow up candles on DEC 26,27 show bulls regaining back but LACK OF VOLUMES SHOWS THEIR WEAKNESS!!! 3. Coming to 2hr timeframe, it is...
LT showed good bullish momentum today but it started showing weakness in the supply zone. Short position has been taken as shown in the Chart.
Weekly & daily chart of Larsen & Toubro is giving me confidence that this counter can do well if market supports. Any pullback towards 1860/1850 zone will be great place to enter with stop loss of 1811 on closing basis. Weekly & Daily RSI, ADX all are in bullish territory and can take this giant upward towards 1990/ 2078 zones. Last time when it happened(hint...
L&T positional set up has been activated. Going long in L&T for a target of 2079 with SL 1895. All levels are marked on the chart. Disclaimer: This is only for educational purpose. please consult your FA before investing. Happy Trading
After giving a CUP WITH HANDLE Breakout, it formatted a flag pattern consolidation. Today it's gave a Break-out. We can expect 8% UPSIDE with 3.5% DOWNSIDE Risk. Entry - 2020 SL - 1955 Target 1 - 2075 Target 2 - (2150 - 2180)
#LT flag BO in Larsen can be added at these levels and on every dip. CMP 1946 tgt 2050/2200
NSE:LT Cup & Handle formation in Chart Breakout Candidate Good Buy above 1960 Targets : 2090 - 2476 - 2715 SL : 1800 Upside : ~40% RSI in Bullish Zone CMP taking support from Short Term Exp. Moving Avgs
LT stock has given a break out and has crossed 61.8% fibonnaci level on the daily time frame. The stock was trading around its 20 DMA and consolidated for 10-12 days in a narrow range. In the last trading session, the stock has given a 2% up move with nice volumes. The stock has formed a nice price action pattern. 3 points confirmation. 1. Break out of the...