L&T , looks bullishon Hourly chart it is forming HNS strcuture which is trend reversal pattern , break above 1900 can give good move in coming days
LTO trade ideas
DOUBLE BOTTOM PLUS BREAKOUT FROM BELOW IN LARSEN & TUBROAs seen in the Chart of Larsen that a Clear Break out is given from below in Trend Line. Further a Double Bottom chart is formed giving a clear break out, Ready to move towards next level 1980.If this level sustains then 2050 is in the cards.
As from past one month the share is trading in range bound manner.
LT#LT
Monthly Channel Breakout it means it will go well in near future. also a red trend line drawn is on daily Time frame.
short trade for 2 to 3 daysfirst continue follow trandline and moving average then break trend line and retest with high price rejection
Buy at 1795 SL 1777 TGT 1818Suggestions are based on my analysis only. Please do your analysis before taking any trade.
Larsen & Toubro Ltd - 05.12.2021Larsen & Toubro Ltd - 05.12.2021
The stock is trading @ 1801 levels
RSI Bearish Divergence in weekly chart
Prices are below ema
spinning top in weekly chart
the stock is trading under a Channel Range
one can initiate a sell position below 1785 with support @ 1845
watch out for the price action
L&T Break the Trend LineL&T Break Down Trend Line which was respected from 4 months.
Now look like create a H&S pattern the simble of Price Reverse
After break the Neckline we expect down to 1551
LT - Rising Wedge PatternLT is rising in a Wedge pattern. Soon after the trendline breakdown and a retest, a consolidation will happen with a Target of 150 points.
Please share your valuable feedback.
larsen & toubro - TF - DAILYtrading in parallel channel
will it take support?
educational purpose only
Please consult your financial advisor before investing.
GO LONG MAY BE RETURN 80%After 5 month chasing this stock now i can say now. I found that. Beautiful breakout
LT: Dips may provide better Risk::Reward ratio to Buy LT
We are looking at weekly charts of LT
Charts reveal
1680-1658 and 1615-1593 as important levels on the downside
The zone around 1600 acted as Resistance in 2019, Feb 2021 and June 2021 before seeing a Breakout in July 2021
On any further dips the stock could provide better Risk::Reward ratio to go long.
Take care & safe trading...!!!
LARSEN & TOUBRO LTD [1-D] TrendlineLARSEN & TOUBRO LTD broken trendline, It can see level 1600 - 1560
Rising Channel on a daily chartStock movement has formed a rising channel on daily chart. However, Stock is overbought on monthly chart. Thus, stock will sluggishly move up with limited upside
L&T sellSell from cmp to 1980
tg1 1915
tg2 - 1885
Disclaimer : This is my personal analysis for study purpose not intended for trading
Bullish rejection in LT The stock Larsen & Toubro (NSE: LT) has made a series of bullish rejection candles characterized by distinguishable upper wicks for the last 5-6 candles. This is coupled with the fact that the stock is trading at the top end of its 20DMA-Bollinger Band.
We consider these wicks a bearish sign and are of the opinion that the stock can fall from here and touch its 20 DMA (Bollinger Band mid-zone) at 1865 in coming days. Bearish view is negated if stock crosses the wick high of 1982.
L&T.......................................................................................................................................................................................................
Watchlist -- LTForming a nice structure on the hourly chart may give breakout in the coming few days, will update if I see any entry opportunities. Thanks. Cheers.
