LTIt seems wave 4 is terminated around 0.382 and the stock is ready for Wave 5. SL is 1306 and we can expect new high.
LT trade ideas
Buy L&T @ 1448, T - 1525, 1565 SL- 1410Buy L&T @ 1448, T - 1525, 1565 SL- 1410
Breakout from HH-HL pattern.
LT - Larsen & Toubro LONG IdeaCMP = 1445
STOPLOSS = 1360
TARGET 1 = 1470
TARGET 2 = 1560
CAN ENTER WITH CURRENT MARKET PRICE
build up near breakout and chance of breakout is highbuild up near breakout and chance of breakout is high
Sandwich 🥪 patternBears have got sandwiched between 2 bullish candles. Today's candle is bullish harami. Tomorrow's candle close above bearish candle will wipe out sellers.
Disc : it's not an investment advice to buy or sell
Larsen & Toubro Good Earnings and Trend Line Breakout.Larsen & Toubro Good Earnings and Trend Line Breakout. Big move Expected above 1410. Volume breakout.
INTRADAY STOCK FOR 18 MAYLT LOOKS GOOD FOR TOMORROW !
WAIT FOR CLOSING/RETEST ABOVE SUPPORT/RESISTANCE.
IF OPEN BIG GAP UP/DOWN THEN AVOID OR TRADE ACCORDING TO PRICE ACTION !
FOLLOW FOR DAILY ANALYSIS
LT: Falling wedge breakoutAll levels are mentioned on the chart.
DISC: For educational purposes only.
