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LTF

Chart always tells the truth - Nifty and Banknifty The chart always tells the truth. We studied that NSE:NIFTY would bounce, and it did — what a bounce! But keep in mind, fear is still present in the market. Traders can sell even on the smallest negative trigger. Today’s move was largely because of short covering. Today’s Nifty candle is bullish, but buyers’ volume is only 40 million higher than sellers, while on Friday sellers had 43 million more than buyers. This clearly shows that sellers are still active. So, a bullish candle + low volume + short covering = likely sideways action tomorrow. Nifty levels: - Support: 25050 - Resistance: 25175 — above this, we could see short covering up to 25350 The market remains bullish, and this is the right time to build a list of stocks where character or structure change has happened. If you can spot such small-cap stocks, you can easily aim for 40-50% upside in next 3-4 months. Talking about NSE:BANKNIFTY — even after such a big green candle, sellers outnumbered buyers by 7 million in volume. So be cautious while trading here. BankNifty levels: - Support: 56770 - Resistance: 57200 Sector-wise, the craze is still around IPOs. Focus on recently listed NSE:NIFTY_IPO stocks (1-2 years old) where character changed in the last rally. Here’s how my recent picks performed today: NSE:MASTEK - +7% NSE:PARADEEP - +7.63% NSE:JYOTICNC - +5% NSE:BDL - +2.80% NSE:LTF - +3.66% NSE:UPL - +3.92% NSE:CARRARO - +5.6% NSE:KPEL - +4.7% NSE:MMTC - +3.79% That’s all for today. Take care. Have a profitable tomorrow.
NSE:NIFTY
by Trendxinc
L&T FINANCE LTD ANALYSISFOR LEARNING PURPOSE L&T FINANCE LTD - The current price of L&T FINANCE LTD is 203.02 rupees I am going to buy this stock because of the reasons as follows- 1. Its coming out from a good consolidation base 2. It broke a strong resistance zone of 8 years and making ATH 3. It is showing better relative strength as it stood strong in volatile times 4. The risk and reward is favourable 5. The stock belongs to a sector which is quite strong and it can do great in coming days. 6. The stock has done almost nothing in last 8 years and it has acted as a laggard (many stocks have made ATH much back but this stock is doing now) 7. The stock tends have a lot of potential as it comes from a famous group and the company has been profitable. I will buy it with minimum target of 35-40% and then will trail after that. My SL is at 182.22 rupees I will be managing my risk.
NSE:LTFLong
by Its_Bhushan
LTF Breaking Out of Consolidation and ascending triangleNSE:LTF : Breaking Out of Consolidation and ascending triangle with heavy volumes today - Is This the Next Big NBFC Move? Price Action Analysis: • Base Formation: Clear sideways movement between ₹160-172 levels • Breakout Confirmation: Recent breach above ₹172 resistance with volume expansion • Trendline Break: White descending trendline from December highs decisively broken • Market Structure: Shift from the consolidation phase to the potential trend resumption • Time Frame: A six-month base provides a strong foundation for sustained movement Volume Analysis: • Current Volume: 5.57M against 20-day average of 15.94M • Volume Pattern: Accumulation visible during the base formation period • Support Tests: Volume spikes coinciding with successful ₹160-164 support tests • Breakout Volume: Adequate but not exceptional - requires monitoring for follow-through • Distribution Signs: No significant selling pressure visible during consolidation Key Support & Resistance Levels: Support Levels: • Immediate Support: ₹172 (new floor post-breakout) • Secondary Support: ₹168 (previous resistance turned support) • Major Support: ₹160-164 (primary consolidation base) • Critical Support: ₹155 (breakdown level) Resistance Levels: • Immediate Resistance: ₹190-195 (measured move target) • Next Resistance: ₹205-210 (psychological and technical zone) • Long-term Target: ₹220-225 (extension target) Trade Setup: Entry Strategy: • Aggressive Entry: Current levels ₹183-184 for momentum traders • Conservative Entry: ₹175-177 on pullback to breakout zone • DCA Approach: Scale in between ₹175-185 levels Exit Strategy: • Target 1: ₹192 (measured move from rectangle pattern) • Target 2: ₹205-210 (next significant resistance) • Target 3: ₹220+ (extension target for long-term holders) Stop Loss: • Closing Basis: Below ₹170 • Intraday Basis: Below ₹168 • Risk Percentage: 7-8% from current levels Position Sizing & Risk Management: Position Sizing: • Conservative: 1% portfolio risk • Moderate: 1.5% portfolio risk • Aggressive: 2% portfolio risk (maximum recommended) Risk Management: • Stop Loss Discipline: Strict adherence to ₹170 closing stop • Position Scaling: Reduce position if breaks ₹175 intraday • Profit Booking: Book 30% at ₹192, 40% at ₹205 • Trailing Stop: Implement above ₹195 levels Sectoral Backdrop: NBFC Sector Positives: • Credit Growth: NBFC credit growth outpacing bank credit • Market Share: Gaining share in retail and SME segments • Asset Quality: Improving collection efficiency post-COVID • Regulatory Support: Favourable policy environment Sector Trends: • Digital Lending: Increased adoption of technology platforms • Rural Focus: Growing emphasis on semi-urban and rural markets • Partnership Models: Collaborations with fintech companies Fundamental Backdrop: Company Strengths: • Group Support: Strong L&T Group parentage and backing • Diversified Portfolio: Exposure across infrastructure and retail segments • Quality Borrowers: Access to L&T Group ecosystem clients • Management Quality: Experienced leadership team Recent Developments: • Asset Quality: Improving NPA ratios • Profitability: Better margins and ROE metrics • Growth Strategy: Focus on profitable growth segments Risk Factors: Technical Risks: • False Breakout: Possibility of returning to the consolidation range • Volume Confirmation: Need for sustained volume support • Market Correlation: High beta to financial sector performance Fundamental Risks: • Interest Rate Risk: Rising rates impacting lending margins • Credit Quality: Potential stress in the retail lending portfolio • Economic Slowdown: Impact on borrower repayment capacity • Regulatory Changes: Policy shifts affecting NBFC operations Market Risks: • Sector Rotation: Money moving away from financial stocks • Liquidity Concerns: Tightening of wholesale funding markets • Competition: Increased competition from banks and fintech My Take: The technical setup suggests accumulation phase completion with potential for a significant move higher. Follow the Strict Trade Plan as Explained Above. Keep in the Watchlist. NO RECO. For Buy/Sell. 📌Thank you for exploring my idea! I hope you found it valuable. 🙏FOLLOW for more 👍BOOST if you found it useful. ✍️COMMENT below with your views. Meanwhile, check out my other stock ideas on the right side until this trade is activated. I would love your feedback. Disclaimer: "I am not a SEBI REGISTERED RESEARCH ANALYST AND INVESTMENT ADVISER." This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
NSE:LTFLong
by Karanshah137
17
LTF | Cup and Handle | Breakout | Daily📊 L&T Finance Ltd – Detailed Technical Analysis 1️⃣ Pattern Overview The chart shows a classic Cup and Handle pattern that has recently broken out above the 180.50 neckline. Cup and Handle patterns are bullish continuation patterns, suggesting a measured move to the upside after the breakout. 2️⃣ Breakout Details Breakout Level: 180.50 Current Price: 189.79 (up 3.51% on breakout volume) The breakout is confirmed by a strong bullish candle with a solid close above 180.50. 3️⃣ Price Target Calculation The measured move is equal to the depth of the cup (approx. 53 points). Target: 180.50 (breakout) + 53 = 234.00 This target is also reinforced by historical resistance around this level. 4️⃣ Volume Analysis Noticeable volume spike on the breakout day, confirming strong buying interest. Volume MA also rising, supporting the breakout’s validity. 5️⃣ Moving Averages & Momentum EMA-8 / EMA-21 / EMA-55 / EMA-144: All EMAs have bullish slopes. Short-term EMAs (8/21) are above longer EMAs (55/144), confirming a strong uptrend. Momentum indicators like the RSI (not shown here, but generally above 60) further support bullish bias. 6️⃣ Support & Resistance Levels Immediate Support: 180.50 (breakout level) Major Support: 129.20 (previous low, Cup’s bottom) Immediate Resistance: None until the target zone near 234.00 7️⃣ Volume Trend Strong volumes on the breakout bar – a sign that institutional or smart money is likely involved. Volume MA rising, suggesting sustained accumulation. 8️⃣ Risk Management Ideal stop-loss can be placed below 180.50 or near EMA-21 (around 175). Watch for potential pullbacks to the breakout level – healthy retests can offer re-entry opportunities.
NSE:LTFLong
by DailyCharts03
L&T Finance Weekly Breakout Setup 🔹 Green Line – The weekly support held strong, giving a perfect WTF (Where's The Floor) bounce. 🔹 Supply Zone (Blue Box) – This crucial resistance has now been broken out convincingly. 🔹 Red Line – A CT (Counter-Trendline) breakout with solid volume confirmation. 🔹 Bright Blue Line (MTF Resistance @ 185.82) – The toughest resistance, but it's far from the breakout zone, making this a high-RR trade idea. 🔥 Unique setup with multiple confluences! Volume spike adds conviction. Can bulls sustain the momentum? 🤔 📈 What’s your take on this breakout? Comment below! 👇
NSE:LTFLong
by Averoy_Apoorv_Analysis
2
L&T Finance Ltd - Breakout OpportunityDate : 23-Sep-2024 LTP : Rs. 184.52 Resistance Levels: (R1) Rs. 194 --> (R2) Rs. 215 Support Levels: (S1) Rs. 163 --> (S2) Rs. 159 Technical View: • NSE:LTF is in strong primary uptrend and was recently going through it's secondary downtrend within primary uptrend. • After touching the high of 194.25 on 2-Jul-2024, it has retraced 18% to 159.50 level. • NSE:LTF has breakout from it's secondary downtrend with higher than average volume. Breakout is also supported by increased volume in last few sessions. • NSE:LTF is trading above both 20 DMA and 50 DMA since last few sessions. 20 DMA has crossed over 50 DMA on 23-Sep-2024. • RSI is trading at 65.73. MACD is trading at 2.63. Both MACD and RSI is showing positive momentum. • Looking good for a new swing from here. Like the analysis? Boost/Like this idea and follow my ID. Disclaimer : I am not a SEBI registered analyst/consultant and not recommending anyone to take any BUY or SELL position in stock market. Investing in stock market is risky and one should do a self analysis and validation before investing in stock market. My ideas are published for learning purpose only and are available to everyone at no cost/charge.
NSE:LTFLong
by vikrant_252
LTF | Swing Trade📊 DETAILS Sector: Finance - NBFC Mkt Cap: 42,401 cr L&T finance Holdings Ltd is a NBFC and offers a diverse range of financial products and services such as Farm equipment finance, Two wheeler finance, Micro Loans, Consumer loans, Home loans, Loans against property (LAP), Real estate finance, Infra finance, Infra Debt Fund and other services. TTM PE : 18.29 (Average PE) Sector PE : 29.59 Beta : 1.51 📚 INSIGHTS Mid-range performer Stock with medium financial performance with average price momentum and valuation. These stocks may be affordable and are showing some investors interest. 5.17% away from 52 week high Underperformer - L&T Finance up by 0.35% v/s NIFTY 50 up by 1.51% in last 1 month 📈 FINANCIALS Piotroski Score of 5/9 indicates Average Financials Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst. If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you. 🔍 More Analysis & Trade Setups 🔍 For more technical analysis and trade setups, make sure to follow me on TradingView: www.tradingview.com
NSE:LTFLong
by Munish_Jain
4