LT is taking support from trendline and forming a triangle pattern, go long for intraday after it breaks the upper line of the triangle. Place logical SL and targets to recent high . (Around 1970/1968)
LTI is showing wave structure like, either larger wave A-B-C is done and now deeper retracement is possible as a wave X, or after wave 1-2-3 is done and now possibly in wave 4, where wave A-B is done and now wave C is unfolding. This stock can see good pullback towards north direction nearly above 4600 where wave C would be equal to wave A, on the way down 4000...
LT shown selling pressure today and has been closed below 20DMA, RK's mass psychological cloud and RK's stop line both are indicating bearish scenario ahead, this stock is showing clear wave counts on daily chart, where after completing 1-2-3-4-5 impulse now its in corrective phase as wave W-X-Y, also chart is showing that W and X has completed now wave Y is...
Swing trade, Breakout stock, Banknifty Intraday Outlook also posted here. Disclaimer - Trades are only for Learning. StopLoss is only in our hand. So, Always use it. StopLoss hit exit. Again you will got fresh trade.
LT in DownTrend below 1757 Levels. Target for Lower Levels as per Fib Retracement Prices Indicated
LT gave a good breakout of the trendline & is now on its way back down to retest the trendline. The ideal place to buy will be between 1585-1600 as it is also the retracement into the fib golden zone of its last move up. the recent import duty cuts on raw materials like Iron & levy of export duty on steel products should also be of benefit to the stock.
📈 L&T Finance Holding 📉 Today broke out from a Resistance Zone after testing three times and also broke out from a downtrending Trendline Zone which is coming from all time high, It means it has come out from larger bear trend however a major swing yet to crossed on closing basis. Long time frame chart is attached below at end. On Buy Side I am looking for...
LT has broken a long trendline of over 3 months and also retesting now. It is good bet to buy for a duration of 10-30 days . RSI is also above 50. Target , SL and buy levels are mentioned in the chart. NSE:LT
In terms of Elliott waves, LT has completed its already completed five-wave rally and the stock is going through ABC correction. Head and shoulders pattern could also be seen indicating possible correction. The 4th wave low which is considered as the end of ABC correction and the head and shoulder breakout is pointing towards 1350 level in short to mid term. PS:...
NSE:THERMAX #NSE:THERMAX shaed with entry @ 2007 and zoomed up to 2347 = 340 points. further good above 2320, support levels marked for practice. Check out the details below the chart, signature column. Happy LEarning !!
LT forming IH&S pattern with neckline @1779 BO of the neckline with volume on 01.04.2022 for a target of 1834 Also Supertrend giving buy signal in 2HrTF Watchout for the target in short term....
On daily time frame, the stock is trading just near the resistance level of 1765-75. The stock has closed just below the resistance level and 20 ema. Once the level of resistance and 20 ema breaks, the stock can give a good up move. Wait and watch for the chart pattern to form near the levels. Support and resistance levels are there in the chart itself.
📈 Larsen & Toubro ( L&T ) 📉 This broke out from a Resistance Zone of downtrending Trendline and closed above resistance which was support earlier of 1760-1775 . On Buy Side I am looking for Targets of 1880, 2000 and 2080. StopLoss should be kept below 1700-1720zone. It offers 1:3 Risk To Reward. All Important Supports and Resistances are drawn in chart. All...
Larsen & Toubro Ltd gainprofit066 High : 18/01/2022 : 2,078.55 Low : 25/03/2020 : 661.00 75% : 1724.16 50% : 1369.77 25% : 1015.38
L&T can be bought at the marked levels as there multiple supports available along with harmonic level.
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...
as seen LT has been struggling to break support line marked. if it breaks and sustains above 1955-1965 tgt 1995 can be achived in intraday.
After facing rejection at ATH, it should retest its immediate support soon. Good opportunity to short.