#LT cash : looks good above 1550.10#LT Cash -Positional call
14.07.2021
Looks good above 1550.10
or around 1530-1535
Stoploss 1515
Target 1590-1600/1640
Cmp 1545
LTO trade ideas
LT Daily Time Frame Cup and Handle Pattern With steady volumes, there was a breakout over the prior high today.
A break of the 1573.65 near-term resistance level could lead to a target of 1850 levels.
Small amounts can be added in three stages:
1. Anticipating an breakout(now)
2. During the actual breakout
3.Retest
For educational purposes only.
Kindly follow your due diligence prior to taking positions.
L&T Good Swing Trade Opportunity (Trend Line BO & Cup & Handle)Still looks good even after Nifty correcting 150 Points.
Kindly refer to my earlier post on this swing trade.
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
