LARSEN & TOUBRO BULLISH VIEWLT looks like a bullish
which forms a cup handle pattern
the previous high was broken and a retest was also done
a small flag pattern also form
Entry@CMP
Stop loss@3670
1st target@4040
2nd target@4400
Disclaimer:
I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade.
Happy trading.
so please keep LT in your watchlist for long term investment.
If you like my view, do support it with a boost whitch is valuable inspiration for me to post ideas like this in future. thank you friends!
LT
LT - Interesting PatternThe stock is forming an interesting pattern since last year.
Runs bullish for quite some time, breaks the support of the bull run then comes to retest the support area.
The sequence is shown on the charts.
If the present rally continues, this time price may go to 2500 around, (according to the past week's behavior).
Only for learning and sharing purposes, not a bit of trading advice in any form.
All the best.
Positional_ Larsen and Toubro1. LT has formed Cup and Handle Pattern in weekly timeframe.
2. I am expecting a breakout.
3. SL, Entry and Target to be posted afterwards.
Disclaimer: The views expressed in this article is of my own and you're solely responsible for any decision taken in the markets resulting in financial gains or losses. The analysis I've shared is just for informational and educational purposes.
Long Setup in GOCL CorpA bullish flag & pole Chart Pattern Breakout completed on the Weekly Time frame of NSE:GOCLCORP
Price Action supported by very good volume.
The stock is currently in uptrend making higher highs and higher lows.
One can add this stock into their stocks to buy list and initiate the long trade as per the levels mentioned on the chart
Stop loss will be on a weekly closing basis.
Trend Analysis :- UP Trend
Chart Pattern :- Bullish flag & pole Chart Pattern
Technical Indicator :- Positive MACD Crossover
Disclaimer: This is for educational purpose only.
Shooting Star formed on LT, 1DNSE:LT Larsen & Toubro Ltd, commonly known as L&T, is an Indian multinational conglomerate company, with business interests in engineering, construction, manufacturing, technology, information technology and financial services, headquartered in Mumbai & Technical services, headquartered in Chennai.
LT forms Shooting Star after an uptrend and gave closing below it.
Entry : 2906.75
Target : 2760
SL : 3015
RR : 1.36
L&T Head and Shoulder target achieved weekly tfI had posted a long term buy opportunity in L&T. Long term because the head an shoulder pattern had formed in Weekly time frame. See how beautifully the stock has touched the target and still running string. Next target is double the first target. I will keep the stock with trailing SL below the 10 monthly moving average.
Weekly H&S pattern target about to be achieved in L&T The pattern which started weeks back is now about to give the fruit. Look at the chart of L&T. How beautifully the chart broke out of the Head and Shoulder pattern and now is about to give the target. Patience and sticking to 1 pattern is the key to technical analysis.
LT BULLISH PENNANT VERGE OF BREAKOUT ??!!! Chart pattern looks good for the long trade with minimal risk
Bullish pole pennant formation yet to give Breakout
Nothing much to explain, As the chart explains the situation
Bright green dashed lines- Target levels
Bright red dashed line- SL
Entry can be now or after the Breakout of the pennant.
Let's wait and watch how it moves!!!
NOTE - Just sharing my view...not a tip nor advice!!!
Triangle pattern breakout in LT hourly chartChart patterns work amazingly well in markets where momentum is building. Just like current times where a counter-trend rally is ongoing. I spotted a triangle pattern being formed in hourly time frame in LT. See how beautifully it broke out.
I entered when RSI was touching 60. DId test me for a day before breaking out.
Larsen & Toubro Limited LT:- Do not plan anything on the rounding bottom pattern until the stock breakouts and sustains above. keep eye on it.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
LT - Triangle Breakout LT on higher Time Frame of Daily have Just broken a very Long imp trendline and then on shorter period is performing a Triangle Pattern.
Breakout on Upper side is expected.
Also if Nifty Infra Breakout from a long resistance of months. This can surely be a good strong move.
Note : This is purely for a educational purpose. Do not trade with this . Do your due diligence before taking a trade on LT.
LTLT:- After a good rally, stock Breakout the levels. keep accumulate at current levels. good for short term.
You can plan the trade as per your risk appetite now
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.