Suggestions are based on my analysis only. Please do your analysis before taking any trade.
LT looks good for a target till the upper TL. SL below the TL on clb.
its forming morning star pattern in daily, weekly also bullish
This scrip can be a short term jackpot ... target of 1810 is not so far.
The Stock is trading near 20 day sma along with higher high and higher low series pattern, it's indicates a strong up trend that's likely to continue in the near term. in addition, on daily and intraday charts it has formed higher low formation which is broadly positive for larsen & trurbo. on daily charts, Rs 1665 could act as sacrosanct support for the stock and...
@Thakurji46 From Trader for Trader💸 Buying the Dips and Selling the Rips #TrendAnalysis📈 #PriceAction👨💻 #ChartPattern✍️
Observations: wedge Pattern, RSI is flat, Reduction in volume, fake breakout.
Showing inverted head and shoulder pattern from 27may 2019 to 15 july 2021, time target 180 day with price target of2200 NSE:LT
We can see this script has given successful breakout from Inverted head and shoulder pattern and is going towards its target area. Perfect entry time here, within 3 months time frame we can see to accomplish the target. Happy trading. Thanks.
EXPLANATION : This is a 4 hour time frame chart of LARSEN & TOUBRO , It has formed Rising wedge pattern breakout also formed head and shoulder pattern . Ideal entry is breakout and retest of Rising wedge pattern & Right shoulder of head and shoulder pattern . Enter as per your setup . If you like this analysis give a Like // Follow for more updates , let me know...
L&T is at long term resistance There can be selling pressure at this level however if it breaks 1800 it will change its trajectory.
very good shorting setup short below PDL or can short at good price when price reject
Buy LT Only if it crosses 1800 level at the end of this month with a good volume improvements for good momentum ahead. Folow me for more such updates ahead and do hit the like button if you benefitted from my content Happy Trading :)
After spotting clean HEAD AND SHOULDER pattern in an uptrend entered after the retest of the breakout. Breakout was supported by good rise in daily volume. EMA 21 acting as a good support. entry at- 1590 1st target- 1700 2nd target- 1800
at major support , fib done , clear targets 15 mins time frame .
Disclaimer :- This is not any buy or sell recommendation. It is just my view on this counter. Kindly consult with your financial or investment advisor before investing. On the daily chart of L&T stock has given a fresh breakout on Thursday from upward channel pattern. And it has been retested on it's upper channel band on this Friday and candle has closed above...
LT has given a breakout from a wedge pattern and it has now come to retest the upper trendline we might be able to see the higher levels if it sustains above the upper trendline, entry above 1750 nd we can hold it for 10%