LT 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...
Volume on daily and weekly timeframe are significant good enough. Broken all time high with good volume, also breaking cup and handle pattern. Good option for F&O if breaks the current candle high. NOTE: I do my analysis, do your before trade.
The 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...
1. 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...
A 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...
NSE: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...
I 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.
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.
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...
i explain everything in video . buy @ 2100 target @ 2400 then @ 2700 TF: 1 year You can follow us here :
Technical Analysis Chart type: Daily Chart Pattern : Symmetrical Triangle RSI: Above 50 Price: Above 20 & 200 SMA View: Breakout and News Expected Targets : 2260,2300,2340,2400 Expected Support: 2200,2160,2100
Stock Breakout of Symmetrical triangular pattern & then retested the BO region....now ready to make new highs... ONLY FOR EDUCATIONAL PURPOSE....KINDLY DO YOUR OWN RESEARCH
Chart 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.
After a massive run as an ascending wave No_Overlap is detected. The current wave too has multiple No_Overlaps which strengthens the structure Crossing above 1995 leads a new sprint up Must not cross below 1830 Update New SL 2088
trend line breakdown witnessed today resistance marked at higher zone while in short term as long as trading below today's high areas can witness a retest of marked support zones
larsen toubro complete 5 wave upside use 2 or 4 trendline profit book larsen toubro price go down wave (A,B,C)
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...
#Watchlist #LT (D):-CMP 2108 Looks Good ABOVE 2120 for more upsides :) #Disclaimer:-View shared is for educational purposes only.