Ltfh
L&T Finance Holding, BullishThe stock touched its all time high 198 in Sept/Oct 2017 and has been in downtrend since then largely trading below its 200EMA.
The stock has formed multi-year Rounding Bottom pattern, with another minor rounding bottom inside it. The short term, intermediate
and long term targets & major resistance levels are indicated in the chart.
L&T Finance Holding : Breakout Candidate#L_TFH #vcp #swingtrading #momentumtrading #breakouttrading
>> L&T Finance Holding : Beautiful VCP structure
>> Breakout soon
>> Decent Volumes & Good strength
Swing Traders can lock 10% profit & keep trailing
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Disclaimer : This is not a Trade Recommendations & Charts/ stocks Mentioned are for Learning/Educational Purpose. Do your Own Analysis before Taking positions.
L&T Finance Holdings Ltd Swing/Positional L&T Finance Holdings Ltd Prediction for Swing/ Posional Trading
You can enter into trade above Entry 1 level (133.5) daily close basis or above Entry 2 level (136) or at CMP.
Entry 1, 132,130,128 levels can be retest.
SLs- Below 128 , 124.5, 123.. Below day closing
Targets- 139,143,147,150,154,158,162,166,170,… (more will be updated later if need )
According to your “STOMACH” book your profit. Always maintain your risk management.
Watch Carefully – The Chart Explains For Itself.
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.
About L&T Finance Holdings Ltd. –
L&T Finance Holdings Ltd. is a non-banking financial company, which engages in the provision of financial products and services across retail, corporate, housing, and infrastructure finance sectors. It operates through the following segments: Rural Finance, Housing Finance, Infrastructure Finance, Defocused Business and Others. The Rural Finance segment comprises of farm equipment finance, two wheeler finance, and micro loans. The Housing Finance segment includes home loans, loan against property, and real estate finance. The Infrastructure Finance segment comprises of infrastructure business. The Defocused Business segment consists of structured corporate loans, debt capital market, commercial vehicle finance, construction equipment finance, SME term loans and leases. The Others segment deals in the asset and wealth management. The company was founded on May 1, 2008 and is headquartered in Mumbai, India.
Simple Trade Setup | L&T Finance Holding| 25-04-2022 [INTRADAY]NSE:L_TFH
Trade Setup for 25-04-2022
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
L_TFH LongChannel breakout + Retest Done + 50% Fib retracement tested + RSI @ 56 = Good buy with a great R:R .
Don't buy asap ; wait for some duration as market has gone up without making a red day, so have patience and buy when price comes near buying zone.
Target 1 and 2 are easily achievable but Target 3 is a little hard so book 60% till tgt 2 and let the profits run for Tgt 3.
NSE:L_TFH
L&T Finance Holding Long Term BULLL&T Finance Holding Seems have been completed Wave B in a double Zig-Zag corrective pattern, and now in a mode to form a Wave C in an impulsive form. Impulsive Wave assumption for C Wave completion is drawn on chart in white lines as i, ii, iii, iv & v. May be very early to predict as Still a B Wave can in in existence and more combination of triangle or flat can be experienced here. Once higher highs taken away impulse will be in a way. This is weekly chart. Keep Watch and learn to predict from different angles.
The view mentioned is purely academic in nature. This is not a recommendation to buy or sell. Please consult your financial advisor before taking any positions. Equity & related investments are subject to market risk. Risk here is the risk of capital involved.
Intraday Trade: watch for support breakdownshort below 75 in Intraday
For stoploss in Intraday use 5 minute chart and see nearest resistance.
for target use 5 min chart and fibonacci pivots as i don't keep predefined target.
try to book partially and trail.
Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as per technical analysis
NOTE: For Gapdown or bd before 9:20
If gapdown is more than 1% from bd level than avoid completely.
if less than 1% or gives bd before 9:20 than wait for
first 5 minute candle and entry below 5 minute candle
and revised SL above candle high.
Will L & T Finance Holding Break 110!!On Weekly Chart, the share with a support level at 84 bounce back and today it breaks important resistance near 92 which make it a clear way
For Short term
100 rs target with stop loss 84.
For Long term
120 rs target with no stop loss. Time duration 3 to 6 months,