LTstock after a huge up move now trading inside a range
a decisive break above the range might take the stock
towards 1695/1725 levels
LTO trade ideas
Larsen & ToubroLarsen & Toubro reversal zone areas.
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To make it simple I mentioned all-important levels in one picture, make sure that to watch carefully.
Please LIKE you are convinced with my explanation, if not let me know in the comment section. I am eagerly waiting for your reply whether it good or bad just reply to this article.
Thanks for reading.
Disclaimer:- It's just for educational purposes.
LT Following The Parallel channel ( Support & Resistance)LT Following The Parallel channel ( Support & Resistance)
lt near to all time highif it is break the all time high which is strong resistance, we can have a new high .
[Buddha] LT Inside Bar TradeLong if it breaks the high of the previous day with a stop loss at the previous day's low.
Short if it breaks the low of the previous day with a stop loss at the previous day's high.
In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed in first 5 minutes and follow ORB strategy.
History Repeat Itself (Please have an look on my previous Tweet)Please have an look on my previous publish idea about LT. LT test the Long term Target of 1600 & now accumulating. those want a fresh entry can accumulate at that level. Previous idea link attached for analysis.
Note: For knowledge Sharing only. don't trade on someone idea do your own analysis before trading & Investing.
L&T Making pole and flag pattern. If this pattern will be broken we can see a huge downfall in L&T. This is for educational purpose only following some technical analysis.
LT FlagLT is consolidating in a range, it may break either way...just have an eye on it...
Disc:- This is only for Educational purposes.
Triangle Pattern formation in LTLT looks strong after bugget and have potential to cross 1600 in 2-3 trading session.
CautionLT price structure is very very bullish. Stock is rising with 35% trend angle and within the inner trend channel of the pitch fork. However 1383 is a major neckline for the stock in the weekly scale. Those who have enjoyed this ultimate rally, can think of partial profit booking or hedge. As long as its trading above 1338 no problem for bulls. Below which it may see some profit booking. Good to hedge and hold
larsen & Toubro NSE:LT
if l&t cross 1383 then it can touch 1400+. keep sl as per your risk appetite.
******whatever charts or levels sharing here are just for educational purpose only not a recommendation. please do your own analysis before taking any trade on them. we are not SEBI registered.
