Larsen & ToubroL&T looks very bullish from these levels. Stop loss is marked on the chart. Hold for medium to long term.
Larsentoubro
LT - Hammer at channel supportNote: This is for educational purpose only. Please do not trade in F&O based on this analysis.
There seems to be a hammer at the uptrend channel support. Moreover, relative strength is greater than Nifty index. RSI above 50 indicates bullish momentum as well.
SL: 1700
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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L&T forming Inverse HNS pattern on weekly timeframeKey points:
1.) Forming Inverse head& shoulder pattern (bullish)
2.) OBV is giving trend line breakout and now inching higher.
Support at 1300
Resistance -1550
Possible target 2000-2160
Time frame 1-2 year.
Only for educational purpose
Equity trades for 18.10.2021- deltcorp LT Kotak Aub CanfinhomeEquity Trades for 18.10.2021. Equity option and equity cash segment.
LTLarsen & toubro analysis for education purpose only
Disclaimer
i am not sebi registered analyst
my studies are for educational purpose only
please consult your financial advisor before trading or investing
Swing SetupEXPLANATION : This is a 4 hour time frame chart of LARSEN & TOUBRO , It has formed Rising wedge pattern breakout also formed head and shoulder pattern . Ideal entry is breakout and retest of Rising wedge pattern & Right shoulder of head and shoulder pattern . Enter as per your setup .
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VERY HIGH TARGETS AHEAD Buy LT Only if it crosses 1800 level at the end of this month with a good volume improvements for good momentum ahead.
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Happy Trading :)
Breakout in LTDisclaimer :- This is not any buy or sell recommendation. It is just my view on this counter. Kindly consult with your financial or investment advisor before investing.
On the daily chart of L&T stock has given a fresh breakout on Thursday from upward channel pattern. And it has been retested on it's upper channel band on this Friday and candle has closed above the channel. So, we can expect this bull run will be continued on this counter.
First support level is around 1715. And as per the Fibonacci next upside level is 2057 but this level is so far from here. So, that's why I marked on 1900 and 1975 manually for the first and second target respectively and my third target is 2057.
Thank You :) Happy Trading :) Happy Investing :) Over & Out :)
LARSEN good short candidateCounter is on verge to complete its impulse phase of elliot wave,, on weekly time frame,,
as per time cycle combination,, time of wave1 and wave 5 are equivalent and price wise also some calculative match are seen
bearish divergence on rsi and macd,, on weekly time frame,, suggest the trend is on verge to mature,,
good fall of 10-15% can be seen in counter
good short candidate
Watch LTLT on a monthly basis taking multiple resistance at the top of the channel.
If it breaks and sustains above channel top, we can consider for medium term or short term.
Please analyse your self before investing. I’m not a registered analyst.
Larsen and Turbo long term analysis. If L&T break the green trendline then we may see L&T around 2500-2600 in 2-4 years, If we are not able to break the green line then the below red trend line can be seen as a buying opportunity after getting rejected by the green trend line.
LT 2500+HEAD & SHOULDER break out above 1607 can lead it to 1848 - 2170 - 2550+.
support at 1394 - 1238 on wcb.
L&T showing inverted head and shoulder in 1 day TFRisk takers buy:- 1604
T0-1629
T1-1672-1747
T2-1822-1832
Non risk takers buy :- 1672
T0-1816
T1 -1832
Stop loss :- 1550/PAID
Holding period 1-2 WEEKS
LARSEN INVERTED HEAD AND SHOULDERinverted head and shoulder pattern in larsen and toubro. price still away from target 1 which is the distance of a shoulder. maintain stoploss and trade with caution
