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Larsentubro

L&T forming a new high or Double Top pattern?Larsen & Toubro is showing a strong bearish RSI divergence on the daily charts. There can be an opportunity to sell the stock in coming trading sessions. The stock has performed fabulously and good returns has been yeilded by the stock. If there is a bearish price action, a double top pattern confirmation, good R:R trade can be capture in the stock. Entry :- Below today's low (4000) Stop Loss :- 4055 Target :- 3875 A swing trade can be initated in the stock with Target 1 as 3875 and trailing SL for next target upto 3780. Target 2 can also be made with the help of the 50 EMA. In case price tries to form a new high is can be shorted only when there is some negative sentiment and price action in the stock.
NSE:LTShort
by TheMamboMomentum
3
LT up move may continue (Analysis 27/10/22)LT stock has given a break out and has crossed 61.8% fibonnaci level on the daily time frame. The stock was trading around its 20 DMA and consolidated for 10-12 days in a narrow range. In the last trading session, the stock has given a 2% up move with nice volumes. The stock has formed a nice price action pattern. 3 points confirmation. 1. Break out of the consolidation. 2. Retest of 20 DMA. 3. Closing above 61.8% fibonnaci levels. The stock has given a nice up move and the move can continue once the stock crossing 1950. Target :- 1978-85, 2045 Stop loss :- 1930 Intraday and swing trades can be carried in the stock. Wait for the price action near the price level before entering the trade.
NSE:LT
by TheMamboMomentum
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.
NSE:LTLong
by ShelendrAgrawal
LT: Buy at 1317 SL 1300 (Close) TGT 1347LT has traded with volumes more than 6 times its average on NSE today with Total gain of 6.82% on closing basis. Stock is in Uptrend now with Gap-up opening today. Fresh Longs being built up today on LT. Tomorrow will be an opportunity to enter the stock preferable around 1315 levels. I have mentioned an entry at 1317 with Stop-loss on closing basis below 1300 and a target 1 at 1347. If stock crosses 1358 further strength can be seen. NSE:LT
NSE:LTLong
by MohammedJunaid