LT came back to old support level good for buying with sl 1435Risky trade for future option buyers as trend of market is negative but good buying opportunity at cmp or 1500-1530 with sl 1430-1430
simple price action :)
LTO trade ideas
LT FLAG AND POLELT is making a flag and pole pattern on a daily time frame . any closing below 1570 may trigger huge selling , leading the stock to levels of 1537, 1505 and 1460.
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Bearish Structure with Bearish Pole and FlagImportant SR levels Update based on volume profile analysis for NSE:LT
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Above is purely my opinion. It doesn't mean that you need to trade accordingly. Please note that I'm not Sebi registered advisor or technical analyst . Trade on your own conviction and please consult your advisor before investing .
#supportandresistance #volumeprofileanalysis #stockmarketindia #LT
LT Larsen & toubroLT shown selling pressure today and has been closed below 20DMA, RK's mass psychological cloud and RK's stop line both are indicating bearish scenario ahead, this stock is showing clear wave counts on daily chart, where after completing 1-2-3-4-5 impulse now its in corrective phase as wave W-X-Y, also chart is showing that W and X has completed now wave Y is unfolding as subdivided waves A-B-C. after completing wave A-B possibly we are in wave C, All this indicates wave C of Y is started, which should be unfold in five waves decline, and if C is going to be equal as A then it can show near 1354. Also all other parameters are supporting same, which are mentioned below with snap shots. All the key levels are mentioned on chart.
Overall wave structure and bias scenario
Price closed below 20DMA
Weekly macd is running negative
Daily macd is also down tick below zero line
Breakdown along with good intensity of volume on hourly chart
RSI on daily down tick near 40 area.
RK's psychological cloud along with stop line and also RK's signal all are suggesting bearish scenario.
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My studies are for educational purpose only.
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Larsen and Toubro Weekly ChartLarsen and Toubro chart has been moving along a upward trendline since Aug 2013 in weekly Chart. It did gone below the trendline in Mar 2020 and that too because of the market crash that happened in Mar 2020.
LTSwing trade, Breakout stock, Banknifty Intraday Outlook also posted here.
Disclaimer - Trades are only for Learning.
StopLoss is only in our hand. So, Always use it. StopLoss hit exit. Again you will got fresh trade.
Larson and tuobro this 1 hour chart structure very attractive and rsi or macd histogram postive but my analysis this stock break the low
LT - 26th May 2022LT in DownTrend below 1757 Levels.
Target for Lower Levels as per Fib Retracement Prices Indicated
LT getting ready for a big move up?LT gave a good breakout of the trendline & is now on its way back down to retest the trendline. The ideal place to buy will be between 1585-1600 as it is also the retracement into the fib golden zone of its last move up. the recent import duty cuts on raw materials like Iron & levy of export duty on steel products should also be of benefit to the stock.
L & T - Morning StarL & T has formed a Morning Star, possible indication of a trend reversal.
MACD has also given a breakout. In the near term may give good returns.
Trade with Care!!
Falling Wedge PatternLT formed Falling Wedge Pattern which is a continuation pattern.
Trade only when breakout happens in the upper side.
BUY LT ABOVE 1627 | SWING TRADE1. At Support zone
2. W Pattern On Daily Time Frame
3. FALLING Wedge 15 min
Larsen and Toubro - Head and shoulder - ShortL&T has broken its long term strong support at 1822 and 1550. It has also broken 50 DMA and is trading substantially lower than that. It has formed a Head and shoulder pattern.
If further downtrend will continue, which is highly probable, the stock will reach 1292 eventually.
Academically, one should sell all your holdings and get out of this stock. Shorting also doesnt offer a great gain. Those who are not invested should stay away from this stock.
Please take advice of professional financial analyst before any financial decision.
LARSEN & TURBO VIEW SEEMS BEARISHLT view LOOKS bearies downside wave C
NSE:LT
This correction might change but shows bearies at present
Swing trade in LARSEN&TOUBROLARSEN&TOUBRO given a breakout in small time frame and if it halt and spend some time and re break the halted area than there is a good opportunity for Swing trade
LT breakout + RetestLT has broken a long trendline of over 3 months and also retesting now. It is good bet to buy for a duration of 10-30 days . RSI is also above 50.
Target , SL and buy levels are mentioned in the chart. NSE:LT
LT Short in bigger time frameLT is moving in channel in monthly time frame. Stock had given channel BO in monthly time frame and price again entered in channel.
Monthly macd down tick.
Weekly macd down and below zero line
Weekly RSI is down.
Daily macd negative CO and below zero line
Daily RSI is below 40
ADX is strong
EMAS negative CO and volume is good.
NSE LT L and T L&T (WEEKLY)Breaking below green trendline, will make it future resistance.
Expecting upside move OR doji candle based on RSI only.
1600 is strong support.
In case, go long at 1600 for swing trade if market sentiment is bullish/ neutral.
Bearish divergence might lead to downtrend till 1300 but in medium term, be advised.
Larsen & Toubro Ltd nearing to DEMAND ZONELarsen & Toubro Ltd ,in impulsive wave correction...........
Support zone at 1639-1595, only below this zone price might test 1411 levels ,so 1639 to 1411 zone is very good demand zone for investor.....
Please give likes...............
L&T heading towards a fall?In terms of Elliott waves, LT has completed its already completed five-wave rally and the stock is going through ABC correction. Head and shoulders pattern could also be seen indicating possible correction. The 4th wave low which is considered as the end of ABC correction and the head and shoulder breakout is pointing towards 1350 level in short to mid term.
PS: This is not an investment or trading advice.
