Ready for the move
L&T broke a range of 2 years.
A good candidate to play capital goods/infra theme.
A Nifty 50 stock.
Go Long with a stop loss of 1560
Larsen & Toubro Limited Shs Sponsored Global Depositary Receipt Repr 1 Sh Reg-S
No trades
Trade ideas
LT: Flag and PoleL&T formed a flag and Pole Pattern on an hourly chart. The analysis is backed by the increase in the volume of bulls at the time of the formation of the pole and the decrease in the volume of bears in the Flag formation justifying the two most important criteria for Flag and Pole patterns to give a breakout.
Still, it is the stock market so be prepared with arms and ammunition for both side movement.
Investment Idea || Larsen & Toubro LtdWeekly Investment Idea | Large Cap Stock | Larsen & Toubro Ltd #LT
1) Good weekly close.
2) Inverted Head & Shoulder Breakout.
3) No near term resistance. ATH.
Free Tip #Calculation of Target in INHS type of breakouts:
Target = R1 + (R1-S1) = 1600 + (1600-765) = 2435.
Note: Above values are approx. values. Please refer chart.
LT SWING CANDIDATEBullish on Monthly, Weekly, and daily format
RSI and Volumes are showing strength,
Buy above 1676 , Target 5-7 % , Keep SL - 5 %
Larsen & Toubro BuyLarsen & Toubro
LT could be added to radar.
ADX cross above 25 and good upward move could be expected for a target of 1700-1750 in short time
SL 1640 candle close in daily TF
Add as per your system.
Thankyou
NSE:LT
Head and Shoulders Pattern - LT - Expected move 15 %LT is expected to move 10-15% upward. Gave a proper head and shoulders pattern, also, quarterly results are about to come which would definitely exceed the expectations of the research analysts.
L T Bullish for shorttermStrong consolidation breakout with confirmation of weekly and daily
consider for shortterm
LT is crossed the life time high NSE:LT
LT is break out the life primary trend channel and printed a bullish candle in day this is the right time to buy
L&T - Inverted Head & Shoulder breakout🔴DISCLAIMER
***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******
Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout)
After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
Comments
#LARSEN&TOUBRO :Weekly Rounding & Daily double bottom breakout#LARSEN&TOUBRO.Rounding pattern breakout green close above neckline on weekly.On daily it is also forming a W double bottom patter
Which also has broken out.Bullish momentum on all timeframes.ADX also indicating trend is good.
Long entry with tight stop loss at pattern neckline is god trading idea.
Reverse Head and Shoulder pattern formation in Larsen and TubrodReverse Head and Shoulder pattern formation in Larsen and Toubro in daily chart
Expecting conservative target of Rs 1900 within 1 year.
Rs 1500 to Rs 1550 will act as solid support zone
Do your own analysis before investing.
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.
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
