Larsen & Toubro Long idea Larsen & Toubro inverse H&S pattern on weekly chart can buy for target 1818 soon, and 2400 in 3-6 month view.
LTOD trade ideas
LT breakout Larsen & Toubro
- Major BO confirmation on weekly closing basis.
- Inverse Head and shoulders pattern.
- Looks good for major uptrend.
Only for educational purpose not a recommendation.
LT Short term swing trade for 10%-15% return As we can see in the chart LT has broken its resistance on the upper side and has given a nice breakout with good volume. After that, it has retested his support zone and is now ready to go upside. One can add some quantity with a small stop loss with today's low as a stop loss. One can get good RR here.
LT : excellent technical breakout buy.L & T : CMP 1510
trade set up :
1.buy above 1568
2.keep stop loss as 1448 on closing basis
3.expected target 1668 / 1848
4.time frame 2 to 3 months
technical buy buy based on :
1. multiple time frame analysis
& multiple resistance price breakout
Low Risk Trade - Buy LarsenBuy LT Above 1650
Target 1800
SL Below 1500 on Closing basis
Disclaimer: All Charts are for educational purpose. Please consult your financial advisor before investing.
LT Break outCup and handle pattern formation happen in LT. If it break with high volume we can see a good upside movement
LT: Intraday AnalysisL&T price going down in a Parallel Channel. Today it has given a breakout of this channel and taken resistance above it. Right now it has come down and retested the resistance line of the Parallel Channel giving an up move with a spike in volume.
l&t retestingbreakout and retesting may be can go long ,a cup and handle pattern is seen in l&t daily chart frame
l & T might turnaround this one also range bound L & T has already corrected we see an doji forming at support which indicates from here on it may be +ve
can buy at current price and sell at resistance
and further i am expecting infra sector to perform well so as i know good infra company is l & t
range bound stocks are good for swing trades or short term trades must use daily + 15 min time frame combined
disclaimer- this is not any investment call or idea , this just my view and it can go wrong ,this is only for educational purposes trade at your own risk
L&T LONG [ TWO YEAR RESISTANCE ZONE BREAKOUT]LT LOOKS GOOD FOR POSITIONAL TRADE , HAD BROKEN A LONG RESISITANCE ZONE
entry 1610.45
stop 1444
target 1943
cmp 1610.35
HEAD & SHOULDER BREAKOUT IN L&T - LONG HEAD & SHOULDER BREAKOUT in LT - LONG
Enter after retracement
LT sustaining breakout - Long ideaLT broke out of longer term resistances, tested 1580-1600 and is trading above 1600 now. Looks all set to move to 1700 levels. Long position can be looked at with SL of 1580, Risk/Reward 2.5
LT LOOKING BULLISHPrice action in LT shows a nice rising trend as Directional movement is showing an uptrend and RSI is also rising (65+). Buy with a stop below Rs 1550 for a target of Rs 1680. Hold it for 28 days.
positional & Intraday Trade: breakout and pullback done.buy above 1650 for positional and Intraday
for positional keep stoploss below 1550
For stoploss in Intraday use 5 minute chart and see nearest support.
for target use 5 min chart and fibonacci pivots as i don't keep predefined target.
try to book partially and trail.
Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as per technical analysis
NOTE: For Gapup or bo before 9:20
If gapup is more than 1% from bo level than avoid completely.
if less than 1% or gives bo before 9:20 than wait for
first 5 minute candle and entry above 5 minute candle
and revised SL below candle Low.
LT buy with strict stoploss 1426 target mentioned 2240This is just educational purpose only not for any recommendations...
LARSEN AND TOUBRO LTD.LARSEN AND TOUBRO LTD.
Beautiful CUP WITH HANDLE pattern.
(Only for educational purpose)
#education #chartpattern #technicalAnalysis #CupwithHandle
Minimum Doubler??L&T after consolidating for nearly two years has given inverse head and shoulders pattern and breakout can lead to target of 2200 within a year and also the IT subsidiaries are outperforming the market.
SL: 1400 wcb!
