Larsentoubro
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
Larsen and toubro SHort SetupPrice Falling from a daily Supply.
Will continue to Fall till it reaches Daily Demand.
on 30 min there Supply from where we can take entry and can expect a 5 RR.
Happy trading
LT: Flag and PoleL&T formed a flag and Pole Pattern on an hourly chart. The analysis is backed by the increase in the volume of bulls at the time of the formation of the pole and the decrease in the volume of bears in the Flag formation justifying the two most important criteria for Flag and Pole patterns to give a breakout.
Still, it is the stock market so be prepared with arms and ammunition for both side movement.
Investment Idea || Larsen & Toubro LtdWeekly Investment Idea | Large Cap Stock | Larsen & Toubro Ltd #LT
1) Good weekly close.
2) Inverted Head & Shoulder Breakout.
3) No near term resistance. ATH.
Free Tip #Calculation of Target in INHS type of breakouts:
Target = R1 + (R1-S1) = 1600 + (1600-765) = 2435.
Note: Above values are approx. values. Please refer chart.
Head and Shoulders Pattern - LT - Expected move 15 %LT is expected to move 10-15% upward. Gave a proper head and shoulders pattern, also, quarterly results are about to come which would definitely exceed the expectations of the research analysts.
#LARSEN&TOUBRO :Weekly Rounding & Daily double bottom breakout#LARSEN&TOUBRO.Rounding pattern breakout green close above neckline on weekly.On daily it is also forming a W double bottom patter
Which also has broken out.Bullish momentum on all timeframes.ADX also indicating trend is good.
Long entry with tight stop loss at pattern neckline is god trading idea.
