L & T - Morning StarL & T has formed a Morning Star, possible indication of a trend reversal.
MACD has also given a breakout. In the near term may give good returns.
Trade with Care!!
Larsen & Toubro Limited Shs Sponsored Global Depositary Receipt Repr 1 Sh Reg-S
No trades
Trade ideas
Falling Wedge PatternLT formed Falling Wedge Pattern which is a continuation pattern.
Trade only when breakout happens in the upper side.
BUY LT ABOVE 1627 | SWING TRADE1. At Support zone
2. W Pattern On Daily Time Frame
3. FALLING Wedge 15 min
Larsen and Toubro - Head and shoulder - ShortL&T has broken its long term strong support at 1822 and 1550. It has also broken 50 DMA and is trading substantially lower than that. It has formed a Head and shoulder pattern.
If further downtrend will continue, which is highly probable, the stock will reach 1292 eventually.
Academically, one should sell all your holdings and get out of this stock. Shorting also doesnt offer a great gain. Those who are not invested should stay away from this stock.
Please take advice of professional financial analyst before any financial decision.
LARSEN & TURBO VIEW SEEMS BEARISHLT view LOOKS bearies downside wave C
NSE:LT
This correction might change but shows bearies at present
Swing trade in LARSEN&TOUBROLARSEN&TOUBRO given a breakout in small time frame and if it halt and spend some time and re break the halted area than there is a good opportunity for Swing trade
LT breakout + RetestLT has broken a long trendline of over 3 months and also retesting now. It is good bet to buy for a duration of 10-30 days . RSI is also above 50.
Target , SL and buy levels are mentioned in the chart. NSE:LT
LT Short in bigger time frameLT is moving in channel in monthly time frame. Stock had given channel BO in monthly time frame and price again entered in channel.
Monthly macd down tick.
Weekly macd down and below zero line
Weekly RSI is down.
Daily macd negative CO and below zero line
Daily RSI is below 40
ADX is strong
EMAS negative CO and volume is good.
NSE LT L and T L&T (WEEKLY)Breaking below green trendline, will make it future resistance.
Expecting upside move OR doji candle based on RSI only.
1600 is strong support.
In case, go long at 1600 for swing trade if market sentiment is bullish/ neutral.
Bearish divergence might lead to downtrend till 1300 but in medium term, be advised.
Larsen & Toubro Ltd nearing to DEMAND ZONELarsen & Toubro Ltd ,in impulsive wave correction...........
Support zone at 1639-1595, only below this zone price might test 1411 levels ,so 1639 to 1411 zone is very good demand zone for investor.....
Please give likes...............
L&T heading towards a fall?In terms of Elliott waves, LT has completed its already completed five-wave rally and the stock is going through ABC correction. Head and shoulders pattern could also be seen indicating possible correction. The 4th wave low which is considered as the end of ABC correction and the head and shoulder breakout is pointing towards 1350 level in short to mid term.
PS: This is not an investment or trading advice.
LT TARGET 1627LT at bearish mode. In day double top form.If it opens below 1760 and comes below 1739 and sustain it will reach up to 1627
Larsen - Multiple TrendlinesLarsen - Multiple Trendlines . trading range for the period of one or two weeks . Breakout if above trendline is broken
Longbuy above 1830
target = 2000+++
sl - 1720
i am not SEBI registred. this is only educational purpose.
L&TL&T came out of LL-LH structure. And formed a HH-HL structure. With break of supply zone (1800-1815) with volumes can take the stock towards higher levels of 1900/1970.
Happy Trading :)
Disc: Chart posted only for learning purpose.
LT bullish viewLT is ready to buy it's make bullish crossover and near in its support zone. It can be buy with stoploss of 1765. And the target is 1830, 1890
How to Trade Congestion Zone : LT#LT
- From 29th Nov'21 to 17 Jan'22: stock was in Up-Trend.
- On 18th Jan'22 a sharp selling has been witnessed with lower volumes (Bearish Engulfing Pattern).
- But on preceding day(i.e. 19 Jan'22) a DOJI is formed which is a clear signal of "Confusion" in market sentiments.
- And after that it results in Down Trend in future term, which last long up to 7th March'22.
- During Down-Trend Bulls tried 4 times to take the stock price on upside but failed every time. Now, on 5th attempt BULLs become successful and take it's price to 1804.
- Now, On 21 Mar'22, history repeats itself, again a Bearish Engulfing pattern had been formed. But this instead of getting down , the stock starts trading in "Consolidation Zone".
- Last Trading Session: Stock price once again tried to came out of the congestion zone with good volumes & It shows strength in Price.
- In near term Targets could be 1809/1850(Golden Ratio Level) & SL 1752.
LTLT Cmp 1790
A pennant formed...
Breakout and re-tested and moving up ...
Trend is also green ...
SL for any long would be 1760
Tgt would be 1950+
Vedang :D
Chart is for study purpose only!!!
LT BUY LT forming IH&S pattern with neckline @1779
BO of the neckline with volume on 01.04.2022 for a target of 1834
Also Supertrend giving buy signal in 2HrTF
Watchout for the target in short term....
LT - LongLT all time high break out with high volume and consolidation.
Looks good for 2450
Long above 1982
T1 2261.90
T2 2462.90
SL 1813
LT | Good for Long NSE:LT
Cmp : 1974
Stock is in continues Uptrend.
Closing Above 1990 may give good upmove.
#Study
LT trading in a close range.On daily time frame, the stock is trading just near the resistance level of 1765-75.
The stock has closed just below the resistance level and 20 ema.
Once the level of resistance and 20 ema breaks, the stock can give a good up move.
Wait and watch for the chart pattern to form near the levels.
Support and resistance levels are there in the chart itself.
