LT breakout + RetestLT has broken a long trendline of over 3 months and also retesting now. It is good bet to buy for a duration of 10-30 days . RSI is also above 50.
Target , SL and buy levels are mentioned in the chart. NSE:LT
LT trade ideas
LT Short in bigger time frameLT is moving in channel in monthly time frame. Stock had given channel BO in monthly time frame and price again entered in channel.
Monthly macd down tick.
Weekly macd down and below zero line
Weekly RSI is down.
Daily macd negative CO and below zero line
Daily RSI is below 40
ADX is strong
EMAS negative CO and volume is good.
NSE LT L and T L&T (WEEKLY)Breaking below green trendline, will make it future resistance.
Expecting upside move OR doji candle based on RSI only.
1600 is strong support.
In case, go long at 1600 for swing trade if market sentiment is bullish/ neutral.
Bearish divergence might lead to downtrend till 1300 but in medium term, be advised.
Larsen & Toubro Ltd nearing to DEMAND ZONELarsen & Toubro Ltd ,in impulsive wave correction...........
Support zone at 1639-1595, only below this zone price might test 1411 levels ,so 1639 to 1411 zone is very good demand zone for investor.....
Please give likes...............
L&T heading towards a fall?In terms of Elliott waves, LT has completed its already completed five-wave rally and the stock is going through ABC correction. Head and shoulders pattern could also be seen indicating possible correction. The 4th wave low which is considered as the end of ABC correction and the head and shoulder breakout is pointing towards 1350 level in short to mid term.
PS: This is not an investment or trading advice.
LT TARGET 1627LT at bearish mode. In day double top form.If it opens below 1760 and comes below 1739 and sustain it will reach up to 1627
Larsen - Multiple TrendlinesLarsen - Multiple Trendlines . trading range for the period of one or two weeks . Breakout if above trendline is broken
Longbuy above 1830
target = 2000+++
sl - 1720
i am not SEBI registred. this is only educational purpose.
L&TL&T came out of LL-LH structure. And formed a HH-HL structure. With break of supply zone (1800-1815) with volumes can take the stock towards higher levels of 1900/1970.
Happy Trading :)
Disc: Chart posted only for learning purpose.
LT bullish viewLT is ready to buy it's make bullish crossover and near in its support zone. It can be buy with stoploss of 1765. And the target is 1830, 1890
How to Trade Congestion Zone : LT#LT
- From 29th Nov'21 to 17 Jan'22: stock was in Up-Trend.
- On 18th Jan'22 a sharp selling has been witnessed with lower volumes (Bearish Engulfing Pattern).
- But on preceding day(i.e. 19 Jan'22) a DOJI is formed which is a clear signal of "Confusion" in market sentiments.
- And after that it results in Down Trend in future term, which last long up to 7th March'22.
- During Down-Trend Bulls tried 4 times to take the stock price on upside but failed every time. Now, on 5th attempt BULLs become successful and take it's price to 1804.
- Now, On 21 Mar'22, history repeats itself, again a Bearish Engulfing pattern had been formed. But this instead of getting down , the stock starts trading in "Consolidation Zone".
- Last Trading Session: Stock price once again tried to came out of the congestion zone with good volumes & It shows strength in Price.
- In near term Targets could be 1809/1850(Golden Ratio Level) & SL 1752.
LTLT Cmp 1790
A pennant formed...
Breakout and re-tested and moving up ...
Trend is also green ...
SL for any long would be 1760
Tgt would be 1950+
Vedang :D
Chart is for study purpose only!!!
LT BUY LT forming IH&S pattern with neckline @1779
BO of the neckline with volume on 01.04.2022 for a target of 1834
Also Supertrend giving buy signal in 2HrTF
Watchout for the target in short term....
LT - LongLT all time high break out with high volume and consolidation.
Looks good for 2450
Long above 1982
T1 2261.90
T2 2462.90
SL 1813
LT | Good for Long NSE:LT
Cmp : 1974
Stock is in continues Uptrend.
Closing Above 1990 may give good upmove.
#Study
LT trading in a close range.On daily time frame, the stock is trading just near the resistance level of 1765-75.
The stock has closed just below the resistance level and 20 ema.
Once the level of resistance and 20 ema breaks, the stock can give a good up move.
Wait and watch for the chart pattern to form near the levels.
Support and resistance levels are there in the chart itself.
Larsen & Toubro ( L&T ) Analysis !! 📈 Larsen & Toubro ( L&T ) 📉
This broke out from a Resistance Zone of downtrending Trendline and closed above resistance which was support earlier of 1760-1775 .
On Buy Side I am looking for Targets of 1880, 2000 and 2080.
StopLoss should be kept below 1700-1720zone.
It offers 1:3 Risk To Reward.
All Important Supports and Resistances are drawn in chart. All levels are on closing basis.
Please have a look and revert back if you need some more study on it.
Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
L&TL&T perfect setup head and Shoulder . Retest also done on weekly timeframe looking strong and stable. Good momentum can be expected in coming weeks. Strength visible on charts.
L&T - RSI DivergenceA breakout of RSI from its moving average with good bounce shows strength and can go towards its immediate resistance.
Note - THIS IS JUST FOR EDUCATIONAL PURPOSE, TRADE AFTER CONSULTATION WITH YOUR FINANCIAL ADVISOR AND YOUR OWN RISK
#LT cash : Looks good above 1765.10#LT Cash -Positional call
15 March 2022
Looks good above 1765.10
stoploss 1730
Target 1812/1868-1870
Cmp 1744
Larsen & Toubro LtdLarsen & Toubro Ltd, nearing to demand zone, good one for long term investment.........
Larsen & Toubro LtdLarsen & Toubro Ltd
gainprofit066
High : 18/01/2022 : 2,078.55
Low : 25/03/2020 : 661.00
75% : 1724.16
50% : 1369.77
25% : 1015.38
