LT trade ideas
#Lt cash : ;looks good sell around 1325-1332#Lt Cash
19.04.2021
Looks good sell around 1324-1330
stoploss 1360
Target 1260
CMP 1312
LARSEN & TOUBRO 1D TF Bullish Harmonic pattern in play! Accumulation levels- 1220-1200.
Further, 1350+ can be eyed on.
LT Bullish Harmonic (Long Term Investment in Cash) Add in Parts
Add 30% Near 1260
Add Another 30% Near 1200
Support/SL 1140(Daily Candle close)
Target:1340,1420
CMP 1359
LT on supportI am studying Support and resistances....
LT has taken support many times on the dark black line also resting on 100 MA.
I think LT will bounce back BUT as COVID scenario / COVID fear is going on unable to take call about buying fresh
Suggestions are most welcome..!
LT Intraday buy idea1) GAP is there
2) Flag pattern
3) Resistance zone
4) Cup and handle kind of formation
5) LARSEN & TOUBRO: CO WINS A SIGNIFICANT ORDER WORTH RUPEES 10B-25B
6) 200 moving average is respected
Note take a confirmed entry on you own behalf
Larsen & Toubro 15 mins chart analysis.LT is forming a falling wedge pattern which is a Trend continuation pattern. As LT is sustaining below 200 EMA it indicates that stock is in downtrend and falling wedge formation gives strong setup for shorting stock in intraday basis. Look for the open of market if the range or wedge is broken down go for short trade.
This is just my view. Trade at your own risk. Trade safe.
LARSEN & TOUBROLARSEN & TOUBRO
TECHNICAL VIEW showing a BEARISH trend, But
Fundamentally it's cheap stock to BUY for the long term.
1607 STRONG RESISTANCE.
1334 STRONG SUPPORT.
LONG LT Long LT, there is inside bar formation on 15 min chart on last 2 candles and with high volume ad daily support level. Levels are metion on charts it u want to trade.
BuyBuy in dip around 1300 stop loss 1140 target 1800+
Disc : it's not an investment advice to buy or sell
L&T making flag pattern. Wait for Break out with volume for longA simple low risk chart pattern with high reward potential.
