LS_TB trade ideas
LARSEN & TOURBO WAIT FOR BREAKOUTin this stock price 6 time touch that trend line so now trend line is going to weak so we wait for proper breakout and if market open big gap down then we can't take trade.
Head & Shoulder pattern breakout confirmation in LT weekly A couple of weeks back I shared this idea about Head & Shoulder pattern breakout in L&T on a weekly/ daily time frame. The breakout is now confirmed weekly as well. Ride it.
All the best!
#LT pullback towards 1860 will be grt place to buyWeekly & daily chart of Larsen & Toubro is giving me confidence that this counter can do well if market supports. Any pullback towards 1860/1850 zone will be great place to enter with stop loss of 1811 on closing basis. Weekly & Daily RSI, ADX all are in bullish territory and can take this giant upward towards 1990/ 2078 zones. Last time when it happened(hint check 7th July 2022) this stock gave 20% move, keep eyes open.
Always respect risk, reward will follow , happy investing :)
Larsen and Turbo Ltd.- Target Achieved~ LT is trading on ATH line.
~My target is achieved in LT.
~it has given 27% return in 140 days.
~The stock has more potential to move . I will re-enter again after few days if the chart movement will positive.
~The link of the previous chart is given below.
~Please follow me for the new updates of the bullish charts.
Inverted head and Shoulder Breakout and Retested
LT has solid order book and Inflation seems to go soften.
This rally could extend to 2400 .
Positional view on the stock is Long with target 2080/2144
Duration up to 15 days.
SL below 2010 as per risk appetite .
See the chart for more details.
LARSEN & TOUBRO - CONSOLIDATING ABOVE NECKLINEPrice has broken out of cup & handle pattern .
Consolidation is happening over the neckline.
LT - Cup & HandleCup & Handle :
1) Strong upmove on weekly
2) relatively deeper base, retraced 50% upmove, but strong buying emerging in the second half of cup, this is institutions buying
3) very shallow handle getting formed, not much selling is happening now at these levels
4) 3 weeks tight closes above the prior resistance region, this is a sign of accumulation
5) declining volumes on the last leg of consolidation, again a positive sign
6) RS very near to bo as well, consolidating at 52 week highs
Bullish flag pattern Breakout in LT.LT
Key highlights: 💡⚡
📊On 1Hr Time Frame Stock Showing Breakout of bullish flag Pattern.
📊It can give movement up to the Breakout target of above 2190+.
📊Can Go Long in this stock by placing a stop loss below 1995-.
📊Breakout can give risk: reward up to 1:13+.
NSE:LT (CUP WITH HANDLE, FLAG)After giving a CUP WITH HANDLE Breakout, it formatted a flag pattern consolidation. Today it's gave a Break-out. We can expect 8% UPSIDE with 3.5% DOWNSIDE Risk.
Entry - 2020
SL - 1955
Target 1 - 2075
Target 2 - (2150 - 2180)
Larsen & Toubro About to move bigAfter a good rally, LT has contracted and formed a Pennant Pattern.
Breakout above 2011 can helpt the stock move towards 2070/2100
A good R:R trade
LT - Triangle Breakout LT on higher Time Frame of Daily have Just broken a very Long imp trendline and then on shorter period is performing a Triangle Pattern.
Breakout on Upper side is expected.
Also if Nifty Infra Breakout from a long resistance of months. This can surely be a good strong move.
Note : This is purely for a educational purpose. Do not trade with this . Do your due diligence before taking a trade on LT.
LTLT:- After a good rally, stock Breakout the levels. keep accumulate at current levels. good for short term.
You can plan the trade as per your risk appetite now
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 cash : Strong support 1980-1995#LT Cash - Positional call
08.11.2022
Strong support at 1980-1995
Buy around 1980-2000
Stoploss 1950
Target 2070/2140
Cmp 2015
SHORT ON L&TNSE:LT
IT IS SWING TRADE
The stock is at life time resistances
This is for education only
Possible target of H&S pattern in LT after breakout from neckThis is the same graph in the Weekly time frame. Mentioned is the possible target only after the breakout from the neckline is confirmed on a weekly closing basis.
Stop Loss will be the low of RIGHT shoulder.
Head and Shoulder Pattern in LT H&S pattern has formed in the daily chart of LT. Once the prices start moving up, they can give the target up to the depth of the head.
L&T (LT) Cup and Handle Breakout, Buy At RetracementL&T (LT) Cup and Handle Breakout, Buy At Retracement NSE:LT
VERDICT L&T (LT)
Cup and Handle Breakout
Buy Near 1780 If Retraced
Only For Study Purpose
#LTAfter a massive run as an ascending wave
No_Overlap is detected.
The current wave too has multiple No_Overlaps which strengthens the structure
Crossing above 1995 leads a new sprint up
Must not cross below 1830
Larsen | C&H Formation | Breakout Candidate | 40% UpsideNSE:LT
Cup & Handle formation in Chart
Breakout Candidate
Good Buy above 1960
Targets : 2090 - 2476 - 2715
SL : 1800
Upside : ~40%
RSI in Bullish Zone
CMP taking support from Short Term Exp. Moving Avgs
