LT LOOKING BULLISHPrice action in LT shows a nice rising trend as Directional movement is showing an uptrend and RSI is also rising (65+). Buy with a stop below Rs 1550 for a target of Rs 1680. Hold it for 28 days.
LTO trade ideas
positional & Intraday Trade: breakout and pullback done.buy above 1650 for positional and Intraday
for positional keep stoploss below 1550
For stoploss in Intraday use 5 minute chart and see nearest support.
for target use 5 min chart and fibonacci pivots as i don't keep predefined target.
try to book partially and trail.
Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as per technical analysis
NOTE: For Gapup or bo before 9:20
If gapup is more than 1% from bo level than avoid completely.
if less than 1% or gives bo before 9:20 than wait for
first 5 minute candle and entry above 5 minute candle
and revised SL below candle Low.
LT buy with strict stoploss 1426 target mentioned 2240This is just educational purpose only not for any recommendations...
LARSEN AND TOUBRO LTD.LARSEN AND TOUBRO LTD.
Beautiful CUP WITH HANDLE pattern.
(Only for educational purpose)
#education #chartpattern #technicalAnalysis #CupwithHandle
Minimum Doubler??L&T after consolidating for nearly two years has given inverse head and shoulders pattern and breakout can lead to target of 2200 within a year and also the IT subsidiaries are outperforming the market.
SL: 1400 wcb!
LT Cup and Handle BreakoutLT gave Cup and Handle Breakout after making this structure for 6 months, It has retested the breakout and It is reversing from the resistance which is acting as support now.
can go long once the above level is taken out 1650 we can look for long entry. head and shoulder type pattern breakout now we are looking for a pullback and level to be taken out. we can have a sl below previous base
L & T is Forming ABC 5 wave Pattern is completed & wave C is Forming !
after It 3 wave Pattern will Be completed .
L&T Short term 1800 ++ and long term 2500 ++L&T getting ready for 1800 and 2500 ++.
Cup and handle formation in progress with increase in volume activity.
Trading above 1600 DCB. could fetch 1800 in near term and 2500 ++ long term. SL 1300 WCB.
Inverted Head and shoulder Bullish reversalInverted Head and shoulde
PRICE TARGET 1785
TIME TARGET 28 BARS
Larsen & ToubroStock has broken out of of recent highs with volume spikes and now is consolidating now near support level .
A long can be initiated for a Risk Reward of 1.5
Cup & Holder pattern on L&T charts: A Good Medium Term Trade The details on chart show how the L&T share is showing a Cup & Holder pattern to take a good medium term trade for 13% update from current levels.
Expecting more upside momentumLT has given breakout on daily chart with really good volumes, expecting more upside momentum in upcoming days.
LT LT (24-July-21)
Cash Positional Buy between range 1560-1610
Target 1850 / 2000
Stop loss 1480
Reason for buy
ATH Breakout + inv. H&S Breakout
POSITIONAL L&T IDEARISK REWARD 1:2
KEEP TRAILING STOPLOSS
DO YOUR OWN ANALYSIS BEFORE PLACING THE TRADE
