LT is at strong resistance, if it is broken we can expect a bullish rally. Initial target-1800 Final target-2000
LARSEN AND TOUBRO LONG BUY 1515 TARGET 1552 Validity : 07/07/2021
IT IS CLEAR HANDLE AND CUP FORMATION IN THIS STOCK AND ALSO TRADING IN THE IDEAL BUYING ZONE
Levels are on the chart This is by no means a Trade recommendation.
L&T Cup and Handle Pattern - 1D Timeframe
Cup and handle formation along with the breakout of the handle. Hammer formation at 0.5 Fib level, Took support at the same Indicating a bullish sentiment bracing towards ATH
L&T is making Inverse head and Shoulder, Target shall be 1830 to 1860 as per Head height and also, as per W.D. Gann Levels. Keep and Eye.
Buy from 1495 to 1485 easy target - 1509 tg2 - 1530 Disclaimer : This is my personal analysis for study purpose not intended for trading
LT MAKING CUP AND HANDLE PATTERN. ITS READY FOR LONG SOON.
Trade 1. Buy Above 1589 2. Stop Loss at 1450 3. Target 1866
Try to catch the momentum after its breakout , of course wait for retest
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
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...
NSE:LT Entry - CMP SL - below 1450 1st target 1570
wait for the neckline to break
Larsen 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.