Larsentoubro
#Larsen&Toubro #LT #L&T Swing Trade Opportunity NSE:LT
📌 To Trade on This Chart, You Should Have Reversal Trading Knowledge. As Harmonic is One Of The Best Reversal Trading Strategy, But Always Remember That Harmonic Patterns Also Can Fail (there is no holly grail In Stock Market). That's Why One Should Must Have Knowledge Of Reversal Trading To Trade On Harmonic Patterns.
📌 That Dash Line Is Called PRZ, From That Dash Line To that Horizontal Simple Line Area Is Whole PRZ(Price Reversal Zone).
******whatever charts or levels sharing here or on any other platforms are just for educational purpose only, Not A Recommendation To Buy Or Sell. Please do your own analysis before taking any trade on them. We are not SEBI registered.
Larsen & Toubro AnalysisLong term investors' favorite stock, amazing fundamentals and beautiful returns,
just look at the beautiful trend line! even the consolidation is tolerable and can blindly buy for long term.
if the 2020 crash didn't happen, the share price would be 2000-2100 by now. even now it not too late.
this stock is absolute mid-term, long-term material. check the favorable news for swing trading.
check the support trend line for support zone and enter at dip if possible.
Earnings results in a week, keep this in your radar and portfolio.
Larsen & Toubro (LT): Breakout on a daily chartLT looks set for a breakout, identified with a cup and handle formation- with the ideal buying range between 1900 and 1920.
Short term target of 1984 and long term target of 2230.
Always keep a stop loss at 5-8 percent.
Note: Not a buy or sell recommendation, but a personal analysis for educational purpose.
LARSEN & TOURBO SHORT-TERM SWING TRADE!Hi everyone, Larsen & turbo short term swing trade consider buy above: 1,910, targets: 1,980/2,010. stoploss: 1,880.
LOGIC BEHIND TRADE: Stock has bounced from it`s daily support between (1,765-1,735) & formed doubble bottom, recently stock has given breakout of it`s neckline resistance and buying on pull back makes good RR. (Targets identified from harmonic xabcd pattern level 1.131) stoploss is taken previous swing low. NSE:LT
LTI - already broke the ascending triangle - where will it go?LTI _FSP
LTI has already broken the ascending triangle and the W formation is also in completion. will the price give a break out or will the price will come back down again? what are your thoughts?
let me know in comments
Larsen & Toubro Ltd - 05.12.2021Larsen & Toubro Ltd - 05.12.2021
The stock is trading @ 1801 levels
RSI Bearish Divergence in weekly chart
Prices are below ema
spinning top in weekly chart
the stock is trading under a Channel Range
one can initiate a sell position below 1785 with support @ 1845
watch out for the price action
Bullish rejection in LT The stock Larsen & Toubro (NSE: LT) has made a series of bullish rejection candles characterized by distinguishable upper wicks for the last 5-6 candles. This is coupled with the fact that the stock is trading at the top end of its 20DMA-Bollinger Band.
We consider these wicks a bearish sign and are of the opinion that the stock can fall from here and touch its 20 DMA (Bollinger Band mid-zone) at 1865 in coming days. Bearish view is negated if stock crosses the wick high of 1982.
LT loooongLT looking really good for long. Trading in a channel and an uptrend from a long time, recently gave a breakout and now taking a breather before continuing the rally. Volumes are also intimidating. Holding the ground beautifully. Have already a long position, will pyramid as it breaks this 2-3 range. Also good stock for long term.
Goodluck:)
LT bullish ??LT bullish ??
Reasons/Traits :
• Channel pattern breakout seen today
• 1.618 Fib level breakout seen
• Bullish since April
• Good strength in RSI and strong uptrend is seen
• Price is making higher highs
• Perfectly following uptrend wave
• 3 times earlier price tried to break the channel, now 4th time trying to break
• Price making higher highs
What can happen next :
Scenario 1 : Price sustaining above 1770 can take the price to 1800/1900/2000/2100
Scenario 2 : Price rejecting 1.618 level can take stock to 1700/1600/1500 levels (1740 level is crucial to determine if stock wants to go down)
Disclaimer : This analysis is only for educational purpose and not be considered as any trading idea/tip. Please consult your financial advisor before you take any trade and we are no way responsible for your profits/losses. Thank you!
LT : Ready to Breakout above 1920Larsen & Toubro Ltd. is ready to breakout and move upwards if it retains 1920 on closing basis.
On Daily Chart it is both (Adaptive Relative Strength)ARS & Static Relative Strength(SRS) Positive.
Relative Strength setup as per @premalparekh #RSWarriors
Note: It is not a trade ideal. Just for educational purpose.
Consult your financial advisor before entering into trade.
Head and Shoulder Setup EXPLANATION : This is a 1 hour time frame chart of LARSEN & TOUBRO . It has formed Head and Shoulder pattern , If give a strong breakdown and broke its Demand zone with high volumes and retest the same , I am bearish on LARSEN & TOUBRO . If give a fakeout trade with confirmations . LARSEN & TOUBRO Result on 27 Oct '21 .
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