LTOD trade ideas
Bullish Strong stock:-
. Strong on 1 week And 3 months.
. High volume than 21 days average.
. Above 200 moving days EMD.
. Near 20% to 52 week high or all time high.
. Outperform nifty.
. Open interest needs to buildup in last 3 months data.
. Breakout with volume.
. RSI above 50
. Trading view buy and strong buy tag on both by investor and technical.
. Trading view weekly and monthly both should be buy or above as per technical analysis.
Larsen & Toubro - In a strong and long consolidation stage.Going through a long ter upward consolidation stage. In this band a small term consolidation band has also formed. Upward movement is confirmed for long run . Can reach 2500 levels within 3 months time.
LT short time term tradeKey points of trade: NSE:LT
Entry :- 2210-2230
Stoploss:- weekly closing above 2238
Target 1 :- 2050
Target 2 :- 1985
Description:- L&T completed its 2nd wave correction of monthly time frame in MAR20.
It started its 3rd wave on monthly time frame and completed the sub wave i of 3rd monthly wave near 17 JAN 22.
2nd sub wave of 3rd monthly wave was completed near 20 Jan 22.
Now, it has completed the sub sub wave 1 of the 3rd of 3rd monthly wave.
The RSI divergence on daily and weekly time frame confirm some down move for further upside move.
Disclaimer:- I am not a SEBI registered analysist. please do your own analysis before jumping in the trade and consult your financial advisor.
Triangle PatternA triangle chart pattern involves price moving into a tighter and tighter range as time goes by and provides a visual display of a battle between bulls and bears.
Script = Larsen & Toubro
Time Frame= 15 min
8 feb Larsen and Turbo view8 feb Larsen and Turbo view main tain short view as soon as cross the lne below
LT possible shift in trend after todays downmove trend line breakdown witnessed today
resistance marked at higher zone
while in short term as long as trading below today's high areas can witness a retest of marked support zones
Larsen & Toubro - Cup & Handle Price is consolidating above the neckline after two times testing
the resistance as support.
Pin bar formation with a gap up opening is giving a good entry.
Cheers,
priceNpedia
Inverted Head and Shoulder in L&TInverted Head and Shoulder in L&T (SL on 15 min. candle close)
PRZ for Buy 1979
SL 1797
Target : 2500
CMP 2144.90 @ Feb 02, 2023
Chart by CA Savita Rehlan
Lt buying opportunity lt will go up to onew percent plus it is also budget day so buy lt and hold it till it gives 1 %
forming falling channelin 15 mimute chart LT forms the falling channel.its breakout confirms at price trade above 2130, and its sl is 2100 , first target is 2170 second target will be 2196
Larsen & toubro Cmp 2160 dated 27-1-2023 Parallel channel BDLarsen & toubro Cmp 2160 dated 27-1-2023
1. Parallel Channel breakdown @ 2130
Sell below 2130 for target 2095-2070-2040-1985 SL 2205
Disclaimer :
I am not a SEBI registered Analyst so please do your own Analysis before taking any action.
The above view is shared just for educational purpose.
By no means shall be responsible for any losses amounting out of it incase if any trades on it.
It is just a view, please trade at your own risk.
Larsen & ToubroUnder support zone. If it breaks then will go to 1500 levels . Otherwise have chances to cross 2500 levels .
Triangle pattern BreakoutPlease look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking target for 1% - 2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
Larson and tuobro Elliot wave Analysis #harishraoytlarsen toubro complete 5 wave upside use 2 or 4 trendline profit book
larsen toubro price go down wave (A,B,C)
Larsen & Toubro Limited LT:- Do not plan anything on the rounding bottom pattern until the stock breakouts and sustains above. keep eye on it.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
LT is forming a Double topIt is rising very quickly but can face a resistance as it is near forming a double top pattern at 2210 levels. Although it seems that it will break out.
LT is rising with rising volatilityLT is forming a rising channel pattern. But huge intraday and overnight moves leads to difficulty to trade. The pattern started in January and is still continuing.
