LT trade ideas
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.
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.
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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
