Larsen spot cmp 2480 Weekly time frame Elliot wave study Counter is trading in last leg of motive phase which might mature around current levels. v of 5 is in play, Ascending wedge pattern indicate counter is overbought as its trading above structure. RSI and MACD have bearish divergence with respect to price. Last week counter made high of 2483 levels and today...
After being one the star performer of 2020 -2021, the stock underperformed for 6 months. Now the tide has turned again and the stock broke of its all-time high around 2070 and which has now turned as a solid support and has been tested multiple times. The breakout looks more genuine and there are multiple triggers that hint the same Technically one can buy the...
LARSON & TOUBRO in weekly strong retracement with a breakout of a previous all-time high in the upward channel weekly chart above the pivot level. Weekly closing with bullish and above the previous high.Next target is 2800
The chart analysed on follow factors: Area of Confluence | EMA | Support & Resistance | Volume | Trendline Breakout Stop loss 5% | Target 7% / 12% | Risk : Reward 1:2 Thanks -AJ
LT - TRADING IN UPWARD PARELLAL CHANNEL. TODAY CLOSE ABOVE REGRESSION LINE. BUY ABOVE 2420 or near 2370 on retracement. Sl 2350 Tgt 2400
Pleaser to share that I could double my investment on a single lot of L&T Call option after predicting a highly bullish triangle trend formation on 15 Min daily chart.
LT making shooting star at resistance & making negative divergence also trade with stoploss. Thanks
on LT, breakout from consolidation at highs then Target, on the downside 2300 might get tested
Breakout on the stock Stock above 2728 a resistance level Target 2380/2400 Stop loss 2315 I am just representing my views For educational purpose only.
Short Term Trade Buy Larsen SL Below 2200 Target 2300 Hold 1-5 days
LT looks good for short term. It breaks the upper trend line in the 30 mins time frame
LT also looking bullish for the coming week and can be a good swing trade for the week if you are able to buy at the current level
Long on LT. it may or may not break out but it will at least touch the top resistance level before falling again.
LT broke out of triangle pattern on an hourly chart with good volumes . Could be bought with mentioned stoploss & target
Larsen & toubro took good support as posted earlier good opportunity stop loss is very less
After analyzing LT's stock, there are indications that a potential breakout may occur in the near future. Several factors suggest that the stock's price could experience a significant movement. However, it's important to note that stock market investments come with inherent risks, and predicting breakouts or price movements accurately is challenging. It's...
"Delivery Idea 15-05-23 LT (CMP: 2227.8) Buy Price: 2232 SL Below: 2195 Target: 2420"