Remember L&T @ 798L&T
CMP 909
This is what was recommended on 7th April
We cannot time the market, but when time comes, we can surely make the most of it.
The stock has given a nice 14% jump in a week's time. Hope u guys enjoyed the journey.
Do note Profit booking has been recommended at current levels....
Do follow for more trading ideas...
Happy trading... !!! :-)
LT
L&T: Buy for Medium to Long term & Strategy for Short termL&T
Those who are looking for investment ideas with a medium to long term perspective can look at L&T for targets of 1040 - 1120 levels.
Levels are mentioned in the chart.
Alternatively for a short term trading idea one may also consider the following strategy for L&T
Consider selling L&T 30 April 2020 Put Option
Lot size :375
Strike Price: 740
Sell Price: Between 35 - 40
Max profit in the strategy Rs 13125 - 15000
Time frame: till 30th April 2020
The strategy has an in built protection against loss for a fall in price in L&T up to 705 - 700 levels till 30th April 2020.
It's your hard earned money that you are trading with...
Do take care of it...!!!
Happy & safe trading...!!!
L & T looking positive on charts, Buy with a SL of 1302.Please refer to details on chart.
Avoid taking naked long positions, trade using strategies is safe in volatile and expensive markets.
Non cash traders should plan to exit around 1370.
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LARSEN & TOUBRO LONG IDEAIT IS BOUNCING BACK FROM A LONG TERM TRENDLINE SUPPORT MAKING GOOD BULLISH REJECTION CANDLE MARKED WITH GREEN ARROW THIS TRENDLINE MUST NOT BE BROKEN ON CLOSING BASIS IF IT DOES A LITTLE TARGET FOR SHORT IS GIVEN WHILE TARGET FOR LONG IS ALSO GIVEN
NOTE: TRADE AT YOUR OWN RISK