LTO trade ideas
LT - Inverted Head and shoulder🔴DISCLAIMER
***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******
Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout)
After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
L&T - Breakout with strengthOne of the few stocks and the infra sector showed a lot of strength this past week.
We can expect some continuation since this is a sector which didnt perform for most of the rally.
C&H breakout plus the stock has already broken out. I have said in the past as this company matures it will become like a Tata Sons where they will get high dividends from its IT triples.
Long at CMP with SL below marked price.
You can also look at a few smaller infra players.
LT_WAIT FOR THE PRICE CORRECTIONLT has shown a good move last week. Dont rush to go long at this level. Price may correct and then one can go long.
(for educational purpose only)
L&TBeautiful Double Bottom support in L&T , Keep an eye. If breaks 1500 with good volume, it will move its journey towards 1600.
CUP & HANDLE BREAKOUT OUT IN LTNSE:LT
CUP & HANLDE breakout in stock with volume
Stock is showing sign to make uoward move.
now breakout level should act as a Support
STOP LOSS can be placed below BO candle.
considering recent (2nd) Rounding bottom Depth (100-120 points) 1st POSITIONAL TARGET would be around 1680-1700.
and for med-long term target once can consider depth of CUP (1st rounding bottom)
But one should always maintain TRAILING SL
** EDUCATIONAL PURPOSE
LARSEN & TOUBROPRICE IS AT ALL TIME RESISTANCE LEVEL.. #IF IT BREAKS AND SUSTAINS# ..THEN IT ENTERS INTO BLU SKY ZONE..THERE AFTER..ANOTHER STORY OF UPMOVE WILL START..IT ALREADY TRIED TO BREAK THE LEVEL BUT FILED..THIS TIME AGAIN TRYING TO BREAK WITH GOOD MOMENTUM..FOR LEARNER VERY GOOD STUFF TO LEARN..OBSERVE IT.
LT approaching a crucial resistanceStock of L&T is forming an Inverted Head & shoulders in weekly Time frame with the zone of 1580-1600 as the neck line.
One can go long ONLY if there is a weekly closing above 1600 for minimum target of 1900 with SL as 1450 DCB.
On daily TF too, the stock is making an IVHS at the same level which can be a congruence to the analysis.
This is just for educational purposes. Hope you find this analysis interesting!
PATTERN ANALYSISGOOD BREAKOUT HAS BEEN SEEN.
BETTER IF IT RETEST AROUND 1580 LEVEL, AND THEN SHOW UP MOVE.
AGGRESSIVE ENTERIES ARE WELCOME ANYTIME.
WHAT ARE YOUR VIEWS??
lt old vs new cup and handle old cup and handle was perfectly followed Technical analysis
same pattern has been created and hoping for same
Beautiful InvH&S in LTFundamentally strong stock, given a very good breakout. I have already entered at breakout for given targets, I'll sell 60% on tgt 1 and trail the remaining qty on the basis of further price action. I took it as a swing trade , as I've told earlier it is fundamentally strong , it should not take more than 6-8 months to achieve given thts. Hope you found this useful, pls like and share your opinions in comment section.
Cup & handle breakout go long on LT expected target 1839Long on LT, breakout trade expected target 1839, a trade horizon 2 months
LT FOR EDUCATIONAL PURPOSES ONLY
-INVERTED HEAD AND SHOULDER PATTERN
-NEAR TARGET 1650+
-OPTION BUYERS , DO WATCH 1620CE
LT All targets Achieved #LT buy between 1476 to 1490
Target : 1565,1592
On 27.05.2021 Shared LT with above levels
Keep an eye on LARSEN & TOUBROOn daily TF the stock has formed a good cup handle pattern after a solid uptrend.
Accumulation has been done.
Keep on radar!
Keep learning! Keep earning!
