Larsen & toubro*For educational purpose only. These are not calls.
Wait for price to come at support level with lower price rejection candle.
LT trade ideas
WILL BE A GOOD 2 DAY TRADE. As per the past trends, we can observe a strong support with a profit potential of 4.90%.
This Ticker symbol is showing an Ascending Channel as it is trending above the SMA 180.
We can wait for the ticker to go above the EMA 45 for the confirmation of the Reversal.
Risk can be managed by keeping the Stoploss a little below the Support line.
Empower yourself by 1st Understanding the Technicals behind the trade and then enter into the position and
never invest in something that you do not understand.
Uptrend and horizontal support || LTLT is on an uptrend and horizontal support right now. Before the breakout, it also made a cup and handle pattern and after that, the resistance is now acting as support for it. Can be bought for a target of 1675. CMP-1593. SL is not required in such a good stock but if anyone wants, they can keep it as 1540. HIT the like button if you liked my analysis and do FOLLOW for regular swing trading ideas.
L&T Double top retest? Long IdeaLarsen has been on the outperformer list for quite sometime now. It has on hourly done a double top break only to retest double top area. On rise buy with stops in the current area with tgt 1710.
L & T - DESCENDING TRIANGLE PATTERNL & T Stock is just completed Head and Shoulders Pattern which is a bullish pattern, retesting also completed and formed Descending triangle pattern with breakout. So, we can expect the stock may go long.
Good buy for short term.
Please check the chart for details. Mentioned clearly about the support and resistance points (if applicable).
I am learning as well. so please analyse the chart by yourselves before taking any decisions.
Criticism always welcome
Inverse head and shoulder breakout in LTWeekly breakout on the stock LT. A common chart pattern inverse head and shoulder. This can be a long opportunity with a stop loss of around 2-3 percent and a target of more than 200 points (13%)
Kindly note that this is not a recommendation and only an analysis. You should consult your financial advisor before taking the trade.
Ready for the move
L&T broke a range of 2 years.
A good candidate to play capital goods/infra theme.
A Nifty 50 stock.
Go Long with a stop loss of 1560
LT: Flag and PoleL&T formed a flag and Pole Pattern on an hourly chart. The analysis is backed by the increase in the volume of bulls at the time of the formation of the pole and the decrease in the volume of bears in the Flag formation justifying the two most important criteria for Flag and Pole patterns to give a breakout.
Still, it is the stock market so be prepared with arms and ammunition for both side movement.
Investment Idea || Larsen & Toubro LtdWeekly Investment Idea | Large Cap Stock | Larsen & Toubro Ltd #LT
1) Good weekly close.
2) Inverted Head & Shoulder Breakout.
3) No near term resistance. ATH.
Free Tip #Calculation of Target in INHS type of breakouts:
Target = R1 + (R1-S1) = 1600 + (1600-765) = 2435.
Note: Above values are approx. values. Please refer chart.
LT SWING CANDIDATEBullish on Monthly, Weekly, and daily format
RSI and Volumes are showing strength,
Buy above 1676 , Target 5-7 % , Keep SL - 5 %
Larsen & Toubro BuyLarsen & Toubro
LT could be added to radar.
ADX cross above 25 and good upward move could be expected for a target of 1700-1750 in short time
SL 1640 candle close in daily TF
Add as per your system.
Thankyou
NSE:LT
Head and Shoulders Pattern - LT - Expected move 15 %LT is expected to move 10-15% upward. Gave a proper head and shoulders pattern, also, quarterly results are about to come which would definitely exceed the expectations of the research analysts.
L T Bullish for shorttermStrong consolidation breakout with confirmation of weekly and daily
consider for shortterm
LT is crossed the life time high NSE:LT
LT is break out the life primary trend channel and printed a bullish candle in day this is the right time to buy
L&T - Inverted Head & Shoulder breakout🔴DISCLAIMER
***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******
Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout)
After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
Comments
#LARSEN&TOUBRO :Weekly Rounding & Daily double bottom breakout#LARSEN&TOUBRO.Rounding pattern breakout green close above neckline on weekly.On daily it is also forming a W double bottom patter
Which also has broken out.Bullish momentum on all timeframes.ADX also indicating trend is good.
Long entry with tight stop loss at pattern neckline is god trading idea.
