LT trade ideas
LT LONG.LT has been in a nice uptrend, continuously making higher highs and higher lows. After the recent pullback to the 20 EMA , a nice continuation candle has formed. A long can be initiated keeping in mind the following levels, only if it sustains above long level for 15 minutes.
LONG ABOVE : 1505
STOP LOSS : 1469
TARGET 1 : 1541
TARGET 2 : 1577
Head & Shoulder Pattern is Formed in Larsen and ToubroHead & Shoulder Pattern is Formed in Larsen and Toubro
Lt- A pick for the investment.Lt is giving us some signs to keep an eye on this.
Let's look at some views:-
One more View:-
Along with this i have plotted one more pattern i.e triangle pattern with price action.
2 Targets have been plotted.
Remember longer the target longer the wait time is..
Keep an eye ladies and gentleman.
Cheers and Happy Trading.
LT is bullish LT is at strong resistance, if it is broken we can expect a bullish rally.
Initial target-1800
Final target-2000
LARSEN AND TOUBRO LONGIT IS CLEAR HANDLE AND CUP FORMATION IN THIS STOCK AND ALSO TRADING IN THE IDEAL BUYING ZONE
LT 1D TF Cup and handle formation along with the breakout of the handle.
Hammer formation at 0.5 Fib level, Took support at the same
Indicating a bullish sentiment bracing towards ATH
L&T - Inverse & Head & Shoulder formation under progressL&T is making Inverse head and Shoulder, Target shall be 1830 to 1860 as per Head height and also, as per W.D. Gann Levels. Keep and Eye.
LT - buy at lower levelBuy from 1495 to 1485
easy target - 1509
tg2 - 1530
Disclaimer : This is my personal analysis for study purpose not intended for trading
LT at its best crucial resistance zone ! ! ! Try to catch the momentum after its breakout , of course wait for retest
Cup & Handle Pattern Can hope for bullish moment In LT & taking Position on this breakout will give you more rally. Buy @ LTP Sl 1469 Target 1567 and after crossing neckline trail your Sl
LT Short Term Trading Set up 3 Taking Support from 50 Daily EMA. The structure is already provided for reference along with S&R LEVELS. Expecting 1517 or 1535.
The Indicator Used:
1) Daily Lines Plots Daily 20 (BLACK) & 50 EMA (GREY), BLUE (200 DAILY EMA ) On Lower Time Frame Charts.
2) Valuation band
KEYS: Red Faded Cloud: Over Valuation.
Grey Faded Cloud: Proper Valuation.
Green Faded Cloud: Under Valuation.
3) TE-REKAB - Proprietary Indicator
KEYS:
PB: Pullback
Blue Candle: Selling Divergence
Yellow Candle: Buying Divergence
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The analysis is my POV , hope you got bucks in your pocket to consult a financial advisor before investing :P :)
HAPPY TRADING!!!
buy LTit has taken support of 50EMA and also it has closed abv 21EMA. we may see around 1570 in coming days. view negated below 1469
Larsen and Toubro Long for a possible breakout to 1800 LevelsLarsen and Toubro has formed a cup and handle formation and is starting wave 3 of elliot wave, First Target of 1800 + levels can be easily achieved in July.
