LARSEN TOUBROLT has activated a Bearish Ichimoku C Clamp in daily time frame. It could retest 1450 provided it does not move above 1575.
LT trade ideas
Larsen & ToubroLarsen & Toubro
long above:- 1575
short below:- 1500
1500 to 1575 condolidation zone
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follow:- @GKS_TEJA
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Disclaimer:- It's just for educational purposes.
CautionLT after a big rally showing signs of weakness for first time. Near 1600 levels price rejection is seen. Despite the government announcement on infra sector spending, price is too good to believe. To me it looks like a possible mean reversion candidate.
Below 1516, it can retest 1387 levels. Would not be a bad idea to create a hedged short with 3 sigma cover on upside for March series.
No hedge, no short. I would like to short 1600 CE for Feb. And then convert it to a hedged short trade in March when the next series options become liquid.
Stock looks weak below 1325NSE:LT
Stock has been trading in a parallel channel for almost all of Jan and yet RSI & MACD has also given a clear divergence over the same period.
A decisive break below 1325 and the stock might correct towards 1300/1275/1250
All ideas shared are for educational purposes.
Flag Pole structure : LTPost is for educational purpose only. Please consult your financial advisor before taking any trading decision. Always use a stop loss to minimize your risks.
LTstock after a huge up move now trading inside a range
a decisive break above the range might take the stock
towards 1695/1725 levels
Larsen & ToubroLarsen & Toubro reversal zone areas.
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To make it simple I mentioned all-important levels in one picture, make sure that to watch carefully.
Please LIKE you are convinced with my explanation, if not let me know in the comment section. I am eagerly waiting for your reply whether it good or bad just reply to this article.
Thanks for reading.
Disclaimer:- It's just for educational purposes.
LT Following The Parallel channel ( Support & Resistance)LT Following The Parallel channel ( Support & Resistance)
lt near to all time highif it is break the all time high which is strong resistance, we can have a new high .
[Buddha] LT Inside Bar TradeLong if it breaks the high of the previous day with a stop loss at the previous day's low.
Short if it breaks the low of the previous day with a stop loss at the previous day's high.
In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed in first 5 minutes and follow ORB strategy.
History Repeat Itself (Please have an look on my previous Tweet)Please have an look on my previous publish idea about LT. LT test the Long term Target of 1600 & now accumulating. those want a fresh entry can accumulate at that level. Previous idea link attached for analysis.
Note: For knowledge Sharing only. don't trade on someone idea do your own analysis before trading & Investing.
