LTO trade ideas
LT is ready for BOOM ?LT has formed an Inverted Head and shoulder pattern inside an inverted head and shoulder pattern on weekly and daily charts as well. If it closes above 1600, It might start rallying from that level.
Cheers! This is as per my Analysis. Feel free to share your view about this. Please do your analysis before trading/Investing.
Happy Trading.
L&T Good Swing Trade Opportunity (Trend Line BO & Cup & Handle)Larsen & Toubro Chart shows a Swing Trade opportunity again. Forms a cup and handle pattern and also trend line breakout in the daily time frame.
A nice trade shall be initiated here to achieve a target of 1560.
Expecting a good up-move going forward to test the previous Swing high which is 1560.
Levels for - 05 July 2021 - Swing trade
- Rising wedge Pattern
Always be extra cautious with breakout trade with confirmation .
L&t perfect moveL&t on weekly time frame lokks bullish and following upward channel from 5 years
Expecting Strong up move from here
Rsi taken support above 60
Trg 1575 and more above 1680
LT LONG.LT has been in a nice uptrend, continuously making higher highs and higher lows. After the recent pullback to the 20 EMA , a nice continuation candle has formed. A long can be initiated keeping in mind the following levels, only if it sustains above long level for 15 minutes.
LONG ABOVE : 1505
STOP LOSS : 1469
TARGET 1 : 1541
TARGET 2 : 1577
Head & Shoulder Pattern is Formed in Larsen and ToubroHead & Shoulder Pattern is Formed in Larsen and Toubro
Lt- A pick for the investment.Lt is giving us some signs to keep an eye on this.
Let's look at some views:-
One more View:-
Along with this i have plotted one more pattern i.e triangle pattern with price action.
2 Targets have been plotted.
Remember longer the target longer the wait time is..
Keep an eye ladies and gentleman.
Cheers and Happy Trading.
LT is bullish LT is at strong resistance, if it is broken we can expect a bullish rally.
Initial target-1800
Final target-2000
LARSEN AND TOUBRO LONGIT IS CLEAR HANDLE AND CUP FORMATION IN THIS STOCK AND ALSO TRADING IN THE IDEAL BUYING ZONE
LT 1D TF Cup and handle formation along with the breakout of the handle.
Hammer formation at 0.5 Fib level, Took support at the same
Indicating a bullish sentiment bracing towards ATH
L&T - Inverse & Head & Shoulder formation under progressL&T is making Inverse head and Shoulder, Target shall be 1830 to 1860 as per Head height and also, as per W.D. Gann Levels. Keep and Eye.
LT - buy at lower levelBuy from 1495 to 1485
easy target - 1509
tg2 - 1530
Disclaimer : This is my personal analysis for study purpose not intended for trading
