#LT cash : Looks good sell below 2095#LT cash -Positional call
22.12.2022
Looks good sell below 2095
Stoploss 2120
Target 2156/2124
Cmp 2110
LT trade ideas
LT forming a head and shoulder pattern with next support too farPositional traders can take good advantage of this opportunity, as the market is slowly turning bearish due to covid crisis world wide, we might see correction in individual stocks as well, here LT has formed a head and shoulder pattern and it is currently near its neckline, a solid breakdown from that point can make it fall to around 2075 levels.
LT CMP 2175 DATED 16-12-2022 HOOTING STAR CANDLE AT TOPLT CMP 2175 DATED 16-12-2022
1. Shooting Star Candle at the top of the chart
(Negative Candle)
2. Sell below the low of the candle & SL high of
the candle.
Sell below 2160 for target 2135-2095-2075-2040
SL 2215
Disclaimer :
I am not a SEBI registered Analyst so please do your own Analysis before taking any action.
The above view is shared just for educational purpose.
By no means shall be responsible for any losses amounting out of it incase if any trades on it.
It is just a view, pls trade at your own risk.
Larsen & Toubro Ltd.Larsen & Toubro Ltd.
ABOUT
Larsen & Toubro Ltd is a multinational conglomerate that is primarily engaged in providing engineering, procurement, and construction (EPC) solutions in key sectors such as Infrastructure, Hydrocarbon, Power, Process Industries and Defence, Information Technology, and Financial Services in domestic and international markets.
KEY POINTS
Ex-Service Business
1. Infrastructure Segment (46% of revenues)
It comprises engineering and construction of buildings and factories, transportation infra, heavy civil infra, power transmission & distribution, water & effluent treatment, smart world & comm. projects and metallurgical & material handling systems. This is the core business of the company.
2. Hydrocarbon Segment (12% of revenues)
It comprises complete EPC solutions for the global oil & gas industry from design through detailed engineering, fabrication, procurement, project management, construction, installation, and commissioning.
3. Power Segment (3% of revenues)
It comprises turnkey solutions for coal-based and gas-based thermal power plants including power generation equipment with associated systems and/ or balance-of-plant packages.
4. Defence Engineering Segment (2% of revenues)
This segment comprises the design, development, serial production, and life-support of equipment, systems, and platforms for defense and aerospace sectors; and the design, construction, and repair/ refit of defense vessels. The company has been active in the defense and strategic sector since the mid-80s.
5. Heavy Engineering Segment (2% of revenues)
This segment comprises the manufacture and supply of custom-designed, engineered critical equipment and systems for core sector industries like fertilizer, refinery, petrochemical, chemical, oil & gas & thermal & nuclear power. The company is amongst the top 3 players globally in the sector.
6. Others (4% of revenues)
The other businesses include realty, manufacture, sale, marketing of industrial valves, construction equipment, rubber processing, etc. It also has a presence in the mining and aviation sectors.
Geographical Revenue Breakup
In FY22, Domestic sales accounted for ~64% of revenues, followed by the USA & Europe (~18%), the Middle East (~11%), and the Rest of the world (~7%).
Order Book
In FY222, the Infrastructure segment accounts for ~73% of an order book, followed by hydrocarbon (~16%), Power (~2%), Defence engineering (~4%), heavy engineering (1%), and others (4%).
Domestic orders account for ~73% of an order book, followed by the Middle East (~20%) and others (~7%).
Note: The order book does not include services business verticals due to the nature of those businesses.
TECHNICAL ANALYSIS.
Time Frame - 1D.
1. New long in FUT.
2. Average traded volume.
3. Stock making new highs.
4. In 52 Weeks high zone.
FUNDAMENTAL ANALYSIS.
Sector: Infrastructure Developers & Operators
1. Market Cap - ₹ 308,725 Cr.
2. Stock P/E - 32.1
3. Price to book value - 3.77
4. Debt to equity - 1.58
5. Free Cash Flow - ₹ 16,124 Cr.
DISCLAIMER - All analyses are for educational purposes. it is not trading or investment advice.
#education #markets #equities #stockmarket #technicalanalysis #stocks #investment #trading #india #finance #fundamentalanalysis #nse #bse #supertrend #education #investing #investments #financialmarkets #learningeveryday #learning #infra
LT at critical position. Both sides up and down possible NSE:LT LT at critical position. Both sides up and down possible so wait and watch.
Larsen & Toubro : +42.90% Upside Potential17 Nov 2022 11:34hrs Larsen & Toubro CMP 2051
Heavyweight LT, 2 months of consolidation BO with huge volume was seen in the stock in the last week of Oct 2022. Consolidation/RT of BO for 3 weeks has been witnessed.
Summary
- RT & Fresh BO from the VAH zone
- 2 Months of accumulation
- Approaching major resistance place around 2078 levels(ATH)
- Cup & Handle pattern(Awaiting BO)
Conclusion
- CMP 2052
- 3% Test position can be planned at current levels
- Higher targets could be around
o Short Term – 2110-2172-2283
o Mid to Long Term – 2604-2968
Wish You Happy & safe trading
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
"Always Respect Risk"
Happy Trading
Jai Hind Jai Bharat
Larsen & Toubro hits record highLarsen & Toubro hits record high; market-cap crosses Rs 3 trn mark
L&T is the best proxy for domestic capex given its market leadership in the engineering and construction industry, diversified revenue stream and strengthening balance sheet. Larsen & Toubro (L&T) joined the elite club of companies with Rs 3 trillion market capitalization on the BSE, after its share price hit a new high of Rs 2,139.70, on rallying 2 per cent in intra-day trade on Wednesday. With a market-cap of Rs 3.01 trillion, at 10:30 AM, L&T stood at number 20th position in the overall market-cap ranking, the BSE data shows.
In past one month, L&T has outperformed the market by gaining 6 per cent, as compared to 2.5 per cent rise in the S&P BSE Sensex on strong order prospects.
Larsen & Turbo making a new highLarsen & Turbo is making a new high after more than 11 months. On the weekly time frame it is a very strong breakout, and on daily basis it has set up quite nicely for a positional trade, If one has missed it, can enter on a correction on hourly timeframe, keeping stoploss below the indicated red line. Keep in mind that, risk management is "everything" in trading.
LARSEN & TOURBO WAIT FOR BREAKOUTin this stock price 6 time touch that trend line so now trend line is going to weak so we wait for proper breakout and if market open big gap down then we can't take trade.
Head & Shoulder pattern breakout confirmation in LT weekly A couple of weeks back I shared this idea about Head & Shoulder pattern breakout in L&T on a weekly/ daily time frame. The breakout is now confirmed weekly as well. Ride it.
All the best!
#LT pullback towards 1860 will be grt place to buyWeekly & daily chart of Larsen & Toubro is giving me confidence that this counter can do well if market supports. Any pullback towards 1860/1850 zone will be great place to enter with stop loss of 1811 on closing basis. Weekly & Daily RSI, ADX all are in bullish territory and can take this giant upward towards 1990/ 2078 zones. Last time when it happened(hint check 7th July 2022) this stock gave 20% move, keep eyes open.
Always respect risk, reward will follow , happy investing :)
Larsen and Turbo Ltd.- Target Achieved~ LT is trading on ATH line.
~My target is achieved in LT.
~it has given 27% return in 140 days.
~The stock has more potential to move . I will re-enter again after few days if the chart movement will positive.
~The link of the previous chart is given below.
~Please follow me for the new updates of the bullish charts.
Inverted head and Shoulder Breakout and Retested
LT has solid order book and Inflation seems to go soften.
This rally could extend to 2400 .
Positional view on the stock is Long with target 2080/2144
Duration up to 15 days.
SL below 2010 as per risk appetite .
See the chart for more details.
LARSEN & TOUBRO - CONSOLIDATING ABOVE NECKLINEPrice has broken out of cup & handle pattern .
Consolidation is happening over the neckline.
LT - Cup & HandleCup & Handle :
1) Strong upmove on weekly
2) relatively deeper base, retraced 50% upmove, but strong buying emerging in the second half of cup, this is institutions buying
3) very shallow handle getting formed, not much selling is happening now at these levels
4) 3 weeks tight closes above the prior resistance region, this is a sign of accumulation
5) declining volumes on the last leg of consolidation, again a positive sign
6) RS very near to bo as well, consolidating at 52 week highs
Bullish flag pattern Breakout in LT.LT
Key highlights: 💡⚡
📊On 1Hr Time Frame Stock Showing Breakout of bullish flag Pattern.
📊It can give movement up to the Breakout target of above 2190+.
📊Can Go Long in this stock by placing a stop loss below 1995-.
📊Breakout can give risk: reward up to 1:13+.
NSE:LT (CUP WITH HANDLE, FLAG)After giving a CUP WITH HANDLE Breakout, it formatted a flag pattern consolidation. Today it's gave a Break-out. We can expect 8% UPSIDE with 3.5% DOWNSIDE Risk.
Entry - 2020
SL - 1955
Target 1 - 2075
Target 2 - (2150 - 2180)
Larsen & Toubro About to move bigAfter a good rally, LT has contracted and formed a Pennant Pattern.
Breakout above 2011 can helpt the stock move towards 2070/2100
A good R:R trade
LT - Triangle Breakout LT on higher Time Frame of Daily have Just broken a very Long imp trendline and then on shorter period is performing a Triangle Pattern.
Breakout on Upper side is expected.
Also if Nifty Infra Breakout from a long resistance of months. This can surely be a good strong move.
Note : This is purely for a educational purpose. Do not trade with this . Do your due diligence before taking a trade on LT.
LTLT:- After a good rally, stock Breakout the levels. keep accumulate at current levels. good for short term.
You can plan the trade as per your risk appetite now
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 ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
