LT at its best crucial resistance zone ! ! ! Try to catch the momentum after its breakout , of course wait for retest
LT trade ideas
Cup & Handle Pattern Can hope for bullish moment In LT & taking Position on this breakout will give you more rally. Buy @ LTP Sl 1469 Target 1567 and after crossing neckline trail your Sl
LT Short Term Trading Set up 3 Taking Support from 50 Daily EMA. The structure is already provided for reference along with S&R LEVELS. Expecting 1517 or 1535.
The Indicator Used:
1) Daily Lines Plots Daily 20 (BLACK) & 50 EMA (GREY), BLUE (200 DAILY EMA ) On Lower Time Frame Charts.
2) Valuation band
KEYS: Red Faded Cloud: Over Valuation.
Grey Faded Cloud: Proper Valuation.
Green Faded Cloud: Under Valuation.
3) TE-REKAB - Proprietary Indicator
KEYS:
PB: Pullback
Blue Candle: Selling Divergence
Yellow Candle: Buying Divergence
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The analysis is my POV , hope you got bucks in your pocket to consult a financial advisor before investing :P :)
HAPPY TRADING!!!
buy LTit has taken support of 50EMA and also it has closed abv 21EMA. we may see around 1570 in coming days. view negated below 1469
Larsen and Toubro Long for a possible breakout to 1800 LevelsLarsen and Toubro has formed a cup and handle formation and is starting wave 3 of elliot wave, First Target of 1800 + levels can be easily achieved in July.
Larsen TubroLT showing good strength revesing back from support with good volume good at current levels as well ,once it break 1510 will be confirmation its bullishness.
is larsen & toubro will be able to complete cup and handledear traders,
we can see a new opportunity to buy larsen and toubro.
you can also seen it is trying to create cup and handle formation after breaking our last trendline.
so, it is our request to all of hold it if you buy it at trend line its a good fundamental share.
happy investing/trading
regards,
HPS limiteds
LT - Where is it headed ?LT is looking strong. I t has been consolidating for a while. RSI and volume both showing strong profile. 967 visible on short term basis.
L&TA classic Cup pattern formation & stock at support of 1460, indicates after a confirmation candle 1st target is its previous resistance of 1572 & once this target is achieved a Cup pattern will be formed on Day charts. Next target after a breakout should be 1726. If you are planning to enter now, enter with the SL of 1307, Risk-Reward is favorable now since the stock is at its previous support.
L&T BULLISH , cup and handle L&T cmp 1476 sl 1447 target 1561
this is for educational purpose please do your own research before entering
LT at good value areaNSE:LT
LT is sitting at a good support area after a major profit booking. Good place to go long with good risk to reward. accumulate on the next major dip with SL at 1448 target 1579
Larsen and Tubro (Cup and Handle) Retest 1460 I think it will retest the 1460 level and then move up.
LT demand zone trade setupEntry-1468.10
SL-1448
Safe Target-1508.10 or might be life time high if market support.
