LnTBreakout in LnT
I am trading with Option Creadit spread.
Sell 1x 27JUL2023 2520PE - ₹ 60.15
Buy 1x 27JUL2023 2420PE - ₹ 20.1
Max Profit 12000/-
Max Loss 18000/-
Breakeven 2480
Prob. of Profit 54%
Larsen & Toubro Limited Shs Sponsored Global Depositary Receipt Repr 1 Sh Reg-S
No trades
Trade ideas
LT looks bearishAs Per Technical Analysis and Volume Analysis Mention Stock looks Bearish If its break 2608-2605 Level then Probably We can see 2595,85 level.
Buy LT 2600 PE Near 26, Sl 21, target 32,38
Only For Educational Purpose.
Sell formation wait for red candleSell
stop loss 2595
after confirmation red candle
Sell 100% till 2503
Buy 2504 for only scalping
Profit booking soon above 2504
It may be come at 2404
BulishMaybe nr7 break out, veru good ACUMLATION @ 2400/2450 levels, if sustain near 2480/2500 we can see huge upside
LT look Bearish As Per Technical Analysis LT Looks Bearish if its break support Level of 2440-30 level then probably we can see 2380 ,2350 level
we can go for Hedge Position
Buy LT 2480 CE Near 36-37
and sell LT future Near 2475-77 Level Stop Loss 2500
Investment required 42000
Maximum Loss 6500
Profit Upto 13000
Only For Educational Purpose.
Weekly H&S pattern target about to be achieved in L&T The pattern which started weeks back is now about to give the fruit. Look at the chart of L&T. How beautifully the chart broke out of the Head and Shoulder pattern and now is about to give the target. Patience and sticking to 1 pattern is the key to technical analysis.
LT INTRADAY TRADELong LT After the BO OF TL above 2404 TGT 2410-12-15. SL 2395. Looking momentum in stock . wait for the entry .
LT 4H TF If you see reversal candle look for short opportunities if it breaks out look for long but wait for 4H candle to confirm for more accuracy.
Please follow me for more such trades and also checkout my previous analysis.
Flag Pattern Breakout in L&T 📊 Script: Larsen & Toubro
Key highlights: 💡⚡
📈 On 1 Hour Time Frame Stock Showing Breakout of Flag Pattern.
📈 Strong Bullish Candlestick Form on this timeframe.
📈It can give movement upto Breakout targets of 2525, 2565 and Final 2600+.
📈 Can Go Long in this stock by placing stop loss Below 2460 or last swing low.
Larsen case studyLarsen spot cmp 2480
Weekly time frame
Elliot wave study
Counter is trading in last leg of motive phase which might mature around current levels.
v of 5 is in play,
Ascending wedge pattern indicate counter is overbought as its trading above structure.
RSI and MACD have bearish divergence with respect to price.
Last week counter made high of 2483 levels and today it made high around 2493 levels,
As per measured move wave 5 should mature around 2500 levels
so till counter does not give weekly close above 2500 levels , long should be cautious..
Counter have out performed rest of the counter in this last rally of over all market.
Now its time for counter to give away.
Keep watch, if this study pans out counter can give good fall going ahead.
Larsen & Toubro -BuyAfter being one the star performer of 2020 -2021, the stock underperformed for 6 months. Now the tide has turned again and the stock broke of its all-time high around 2070 and which has now turned as a solid support and has been tested multiple times. The breakout looks more genuine and there are multiple triggers that hint the same
Technically one can buy the stock at 2475 with a Sl of 2435 and target of 2515 and 2545.
The stock has a higher high lower low formation confirming the trend and a sizable amount of volume on the breakout gives additional confidence. The volume activity has been above the average during this move. The daily RSI has seen the highest reading in the 6 months, the daily MACD has been in a strong buy mode. All congestion point has surpassed.
Conclusion: The stock has the potential to gradually move toward 2515 and 2545, with all parameters confirming the trend. This is a solid foundation of an another leg of uptrend
L&T TARGET 2800LARSON & TOUBRO in weekly strong retracement with a breakout of a previous all-time high in the upward channel weekly chart above the pivot level. Weekly closing with bullish and above the previous high.Next target is 2800
L&T | Weekly Trendline BreakoutThe chart analysed on follow factors:
Area of Confluence | EMA | Support & Resistance | Volume | Trendline Breakout
Stop loss 5% | Target 7% / 12% | Risk : Reward 1:2
Thanks
-AJ
LT- MOVING IN UPWARD PARELLAL CHANNEL.. LT - TRADING IN UPWARD PARELLAL CHANNEL. TODAY CLOSE ABOVE REGRESSION LINE.
BUY ABOVE 2420 or near 2370 on retracement.
Sl 2350
Tgt 2400
Booked a Profit of 2400 on OTM Lot of L&T TodayPleaser to share that I could double my investment on a single lot of L&T Call option after predicting a highly bullish triangle trend formation on 15 Min daily chart.
LT making shooting star at resistanceLT making shooting star at resistance & making negative divergence also trade with stoploss. Thanks
Bullish on LT, breakout from consolidation at highs then Target on LT, breakout from consolidation at highs then Target, on the downside 2300 might get tested
VIEW ON LTBreakout on the stock
Stock above 2728 a resistance level
Target 2380/2400
Stop loss 2315
I am just representing my views
For educational purpose only.
LT break out in 30 mins time frameLT looks good for short term. It breaks the upper trend line in the 30 mins time frame
Opportunity in LTLT also looking bullish for the coming week and can be a good swing trade for the week if you are able to buy at the current level
Long on LTLong on LT.
it may or may not break out but it will at least touch the top resistance level before falling again.
