LTTechnical analysis based on Trendlines & Price action
Use it just for reference and do your own analysis
LTOUF trade ideas
#LT Cash : Looks good above 1915.10#LT Cash -Positional call
28 Dec 2021
Looks good above 1915.10
stoploss 1892
Target 1948-1950/1974
Cmp 1899.50
Buy at 1903 SL 1890 TGT 1910 1916Suggestions are based on my analysis only. Please do your analysis before taking any trade.
Near all time high, good base formationCan test ATH
Above 50DMA, 20DMA
Relatively strong against broader market
LT Short term ViewGo Long in LT above 1586
SL-1487
Target-1887
Can book at 50% at 100 points .
For Education Purpose Only
Ascending Broadening Wedge Pattern in LT for 2565+ Target On a Monthly Timeframe, In this stock gives the breakout of ascending broadening wedge pattern near 1850 level. So it is a wise idea to trade in the breakout direction at the current level. According to this pattern most of the time it gives correction movement after the breakout. So for confirmation entry can wait for the corrective movement to entry.
The target is the full height of this wedge pattern and it can be 2565+ in LT. Can take position near 1850 level with stop loss below 1590 level. Keep some space in stop loss below 1590 according to your risk management. This position can give a good risk-reward for the short term.
bullish on larsen and toubrowe see a macd crossover in recent time it trades above 50 dema it shows a up trend rsi near 60 show it mean
Symmetrical Triangle pattern Stock is in the midst of concluding a symmetrical triangle pattern. More often it is a continuation pattern. We expect positive breakout as the pattern has emerged during the long uptrend. RSI on daily and monthly chart provides scope of uptrend. So stock won't turn overbought on breakout
LT important levels for long term investmentLT important levels for long term investment
Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
Elliott Wave Pattern Recognition - LTElliott Wave Pattern Recognition - LT - 2020-21. Seems to be entering the corrective phase C right now.
Price crossed above 37.5% retracement zone in LTPrice crossed above 37.5% retracement zone in LT
Detailed analysis given on the chart
NSE:LT
L&T , looks bullishon Hourly chart it is forming HNS strcuture which is trend reversal pattern , break above 1900 can give good move in coming days
DOUBLE BOTTOM PLUS BREAKOUT FROM BELOW IN LARSEN & TUBROAs seen in the Chart of Larsen that a Clear Break out is given from below in Trend Line. Further a Double Bottom chart is formed giving a clear break out, Ready to move towards next level 1980.If this level sustains then 2050 is in the cards.
As from past one month the share is trading in range bound manner.
LT#LT
Monthly Channel Breakout it means it will go well in near future. also a red trend line drawn is on daily Time frame.
short trade for 2 to 3 daysfirst continue follow trandline and moving average then break trend line and retest with high price rejection
Buy at 1795 SL 1777 TGT 1818Suggestions are based on my analysis only. Please do your analysis before taking any trade.
Larsen & Toubro Ltd - 05.12.2021Larsen & Toubro Ltd - 05.12.2021
The stock is trading @ 1801 levels
RSI Bearish Divergence in weekly chart
Prices are below ema
spinning top in weekly chart
the stock is trading under a Channel Range
one can initiate a sell position below 1785 with support @ 1845
watch out for the price action
L&T Break the Trend LineL&T Break Down Trend Line which was respected from 4 months.
Now look like create a H&S pattern the simble of Price Reverse
After break the Neckline we expect down to 1551
LT - Rising Wedge PatternLT is rising in a Wedge pattern. Soon after the trendline breakdown and a retest, a consolidation will happen with a Target of 150 points.
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