LT give flack break out LT gives flack break out from upward trade channel. this is done because sudden profit booking comes into the market but its very good stock of long term buying.
LT trade ideas
[POSITIONAL] LT LONG BET
risk: Reward ratio is 1: 2
Rest as per Charts
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Note -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells “where” to act in “what direction. Unless it triggers, like, let’s say the candle doesn’t break the level which says “Buy/Sell if it breaks”, You should not buy/sell at all.
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I use shorthands for my trades.
“Positional” - means You can carry these positions and I do not see sharp volatility ahead.
“Intraday” -means You must close this position at any cost by the end of the day.
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Always follow a stop loss.
In the case of Intraday trades, it is mostly the “Low/High of the Candle”.
In the case of Positional trades, it is mostly the previous swings
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L&T Multi-year BreakoutConsolidating in expanding channel pattern since 2009. Is finally giving breakout after more than 1 decade. Fundamentally strong company and giving technical breakout. The risk: reward is very favourable of 4:1. This is a mid-term trade with approx. 9-10 months but can deliver 100% from current market price.
The are good number of support and resistance points with beautiful pattern. Waiting for October candle to close above the resistance line and the stock is ready to fly high
Head and Shoulder Setup EXPLANATION : This is a 1 hour time frame chart of LARSEN & TOUBRO . It has formed Head and Shoulder pattern , If give a strong breakdown and broke its Demand zone with high volumes and retest the same , I am bearish on LARSEN & TOUBRO . If give a fakeout trade with confirmations . LARSEN & TOUBRO Result on 27 Oct '21 .
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#LT cash : Looks good sell below 1780.10#LT Cash - Positional call
20 Oct 2021
Looks good sell below 1780
stoploss 1810
Tgt 1752/1724/1701
cmp 1807
L&T forming Inverse HNS pattern on weekly timeframeKey points:
1.) Forming Inverse head& shoulder pattern (bullish)
2.) OBV is giving trend line breakout and now inching higher.
Support at 1300
Resistance -1550
Possible target 2000-2160
Time frame 1-2 year.
Only for educational purpose
#larsen&toubro trending up from rounding breakoutThe stock continue trending up well within a channel after the rounding pattern breakout many weeks back.
Momentum and trend indicators are in bullish zones on all timeframes.Volumes are decent above 20 moving average.
Have tight stops for short swing trades as there could be weekly bearish divergence that could pull it down.
However the pattern could eventually retrace to form a cup and handle also for positional trades where breakout neckline could be stop loss
LT Bearish Bat PatternLT looking weak in the short term with the formation of Bearish Bat, appropriate levels mentioned
LT Harmonic Bat PatternStop Loss, Potential Reversal Zone, and possible targets for both aggressive as well as conservative traders are defined. However, if the price breaks the PRZ and sustains above it, then expect an even stronger rally in LT.
LT 1Month analysiswe have spotted yet another major breakout
in LT, it has been in a channel since 2007, this
might be a good opportunity, It already broke the
channel, Now we can see higher levels, if it corrects,
it might test 1590 levels and then move higher
SL should be big for 1M timeframe analysis and
the targets too
L and T in channelL and T obeying upper and lower Trend line
Entry and exit can be made with the help of those trendlines
LT is facing major resistanceLT is facing a major resistance level. let's keep this in our watchlist and watch closely for further movement.
long kariyegoing for long because of monthly, weekly closing basis, its a huge patten on monthly candle
LT Buy 1748 T1 1763 T2 1772 SL 1733Suggestions are based on my analysis only. Please do your analysis before taking any trade.
LT ka picture abhi bakki he...This scrip can be a short term jackpot ... target of 1810 is not so far.
Higher High & Higher Low Series PatternThe Stock is trading near 20 day sma along with higher high and higher low series pattern, it's indicates a strong up trend that's likely to continue in the near term. in addition, on daily and intraday charts it has formed higher low formation which is broadly positive for larsen & trurbo. on daily charts, Rs 1665 could act as sacrosanct support for the stock and sustenance above the same can take it to Rs 1850
BUY BUY BUY@Thakurji46 From Trader for Trader💸 Buying the Dips and Selling the Rips #TrendAnalysis📈 #PriceAction👨💻 #ChartPattern✍️
LT Entering the correction Phase ??Observations: wedge Pattern, RSI is flat, Reduction in volume, fake breakout.
