LT: Falling wedge breakoutAll levels are mentioned on the chart.
DISC: For educational purposes only.
LS_TB trade ideas
LT SHORTPositional Short LT in between PRZ 1432-1430 with BEARISH price action confirmation only with SL 1451
Target 1= 1385
Target 2 = 1355
Note : Trading in any financial market is very risky. I post ideas for educational purpose only. It is not financial advice. Do not hold us responsible for any potential loss you may incur. Please consult your financial adviser before trading
High reward trade in LTPost covid crash, LT first time comes to all time high , high probability of all time high breakout
Entry =1430
STOPLOSS=1300
TARGET=2450
Risk to Reward = 1:8
BIG Trend reversal in Larsen & ToubroLarsen & Toubro day chart. Falling channel BO is seen , BO came with formation of double bottom. The stock has made double bottom at support levels which its respecting from Jan 2021. Volume BO is also seen. The price seems to have reached a bottom after failing to break through a support level and ultimately rising higher in a sign of reversal to a new uptrend.
To learn more about patterns send DM.
Bullish viewLT Stock give bullish momentum and cross old resistance. it can be buy with sl of 1369, target is 1473 and 1592
Intraday levels for 17 May 2021 1. Price action
2. Forming Symmetrical Triangle pattern
3. Support and Resistance levels
Larsen And Toubro In the chart of LT, we see a downtrend breakout its looks like a falling wedge reversal pattern . I think we see a 15%-20%of upside in the near term.
LT LONG VIEW - DESCENDING CHANNEL BREAKOUT POSSIBILITYBuy LT at 1415 TARGETS: 1458/1525/1590/1600+ SL: 1310 7 days to 45 days view
L & T trendline breakoutL&T has given a breakout from the trendline and now it is in pullback and taking the support from breakout level. So it is a good chance to go bullish for a few in this stock. It also can reach an all-time high.
LT buymay come to point of confluence
enter after bull bar in 1 hour time frame
Buy price : 1335- 1345
stop loss : 1324.95
target1 : 1394.85
target2 : 1424.85
#LT cash : looks good above 1400.10#LT Cash -Positional call
11.05.2021
Looks good above 1400.10
and dips 1385-1390
stoploss 1370
Target 1440-1450/1500
Cmp 1383.60
➼Larsen and Toubro | 3% Risk with 13% Reward | Earnings special Enter now as a power candle has entered the game, lower triangle breakout = done on supports with volume and biggest candle since budget day.... risk is of 3% on capital.... earnings are near .... anticipatory red dots trendline breakout means will retest the ATH lvls, intraday basis seems good for 3% more till the bigger trend line that is 1:1 rr,,, if broken in a day or two = good earnings might be displayed + ATH test can take place.
LTStock has given breakout from a channel pattern on 1 day chart. Buy above 1400. Educational purpose only. Kindly contact your financial advisor before entering any trade.
