LT - 26th May 2022LT in DownTrend below 1757 Levels.
Target for Lower Levels as per Fib Retracement Prices Indicated
Larsentoubro
LT getting ready for a big move up?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 Chart Analysis !!📈 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 Targets of 94, 99, 112
StopLoss should be kept at 75.
It offers 1:2 Risk To Reward.
All Important Supports and Resistances are drawn in chart. All levels are on closing basis.
Please have a look and revert back if you need some more study on it.
Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
LT breakout + RetestLT 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
L&T heading towards a fall?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: This is not an investment or trading advice.
THERMAX BO, bagged 17% intraday, further levels marked !!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 BUY 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....
LT trading in a close range.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 ) Analysis !! 📈 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 levels are on closing basis.
Please have a look and revert back if you need some more study on it.
Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
Larsen & Toubro LtdLarsen & 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 - Harmonic PatternL&T can be bought at the marked levels as there multiple supports available along with harmonic level.
#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.
L&T testing zupport line many timesas 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.
LARSEN AND TOUBRO SHORTAfter facing rejection at ATH, it should retest its immediate support soon. Good opportunity to short.
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
LT Trade Setup For TomorrowIntraday pick for Tomorrow - 03-01-2022
Stock name : LT
Time frame : 15 minutes
Wait for proper breakout and retest for entry.
For more trading content follow us on ( @tradechefofficial )
LT important levels for long term investmentLT important levels for long term investment
Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
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
LARSEN & TOUBRO LTD [1-D] TrendlineLARSEN & TOUBRO LTD broken trendline, It can see level 1600 - 1560
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.
