NSE:LT LT is trading in Channel, buy close above and Sell closes below the Channel. Stop loss as per your Risk Appetite. RSI is not showing any divergence as of now, we may get in coming days Also please note that results will be out on 23rd.
L&T (Larsen & Toubro Limited) SELL BELOW 1419
L&T (Larsen & Toubro Limited) SELL BELOW 1420
TRADING CALL - BUY LARSEN & TOUBRO BETWEEN 1310 - 1320 TARGET 1380 - 1400 SL BELOW 1274
SELL below 1310 SL 1315 Targets 1305, 1300, 1290, 1280 OR LT 26SEPT 1300 PE (₹21)
BUY 1366.55 SL 1364 Targets 1370, 1375, 1380, 1385
L&T weekly chart study-At major resistance-Bulls remain cautious
Sell L&T below 1371 Stoploss 1398 Target 1345
BUy LT around 1300 with hourly closing stoploss of 1280 Target 1345
STOCK PRICE IS STILL FAR AWAY FROM BUYING ZONE. KEEP IT IN YOUR WATCH LIST. BUY IF THE PRICE ENTERS THE BUYING RANGE AND IS STABILISING IN THE RANGE.