Get started
LARSEN & TOUBROLARSEN & TOUBROLARSEN & TOUBRO

LARSEN & TOUBRO

No trades
See on Supercharts
Overview Financials News
Ideas
Discussions Forecast Seasonals Bonds

LTO trade ideas

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.
NSE:LTLong
by VibhutiSharma
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.
NSE:LTLong
by ShelendrAgrawal