Cup & Handle Pattern Cup & Handle Pattern
LT
+ The handle took support at EMA and bounced from it
+ spending time at the resistance
+ Above Key EMAs
LTOUF trade ideas
LT Companies - Gap Fill?LT saw profit booking from higher levels. Huge volumes.
It may retraces back and fill the downside gap.
Can be a positional trade.
Long SL 3100
Average Entry 3250
Target of 3600 - 3624.
1:2 Setup.
Careful while trading these days. Trade with less positions. I want to trade 20 shares but I will only enter with 10 shares. Protect your capital.
Multi Year breakout!!!Enter if it closes above 1830
SL 1700
Target: will update according to trend
Multi year break out so add it on a staggered manner once it breaks 1830, based on the confirmation on the charts.
Note: Trade at your own risk.
#LT cash : Looks good resistance at 3525-3550#LT Cash -Positional call
28.02.2024
Looks good resistance at 3525-3550
Cmp 3463
#LT cash : looks good resistance at 3525-3550#LT Cash -Positional call
28.02.2024
Looks good resistance at 3525-3550
Cmp 3463
LT buyBuy from cmp to 3280
sl close below 3270
easy tg - 3350
Not suggested
Disclaimer : This is my personal analysis for study purpose not intended for trading.
Buy LT at 3340 and hold it positional On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
#LT cash : Looks good above 3365.10#LT cash -Positional call
19 Feb 2024
Looks good above 3365.10
Stoploss 3330
Tgt 3440-3450/3540/3720
Cmp 3340
#LT Cash : Looks good around 3385-3400#Larsen & Tourbo cash -Positional call
06 Feb 2024
Looks good around 3385-3400
Stoploss 3325
Target 3490-3520/3580-3600/3700
Cmp 3424
Important price levels of Larsen & ToubroLarsen & Toubro, on a monthly chart, started a bull run from price level of 800 to 3600 with few retracement and consolidation in between. Now on monthly chart a shooting star has formed and the next candle has closed below the shooting star. Now this indicate a retracement in price. According to Fibonacci retracement, the important level in lower side is 3000 and then 2750. The volume analysis also indicates that a retracement is possible on L&T.
Good opportunity in larsen & toubroInvestment:- It's a good opportunity to buy in dip with good Q result it could show a rally which can easily touch Rs4000..
If the stock closes above 3800 , could add more quantity..
Swing :- Buy @rs 3520 and target of @rs 3750..
PS :- It's a good quality stock with very strong fundamentals. If you are long time stock holder then you should pick this stock.
LTLT looking good. Wait for ABOVE level weekly time.
buy after above weekly candle close.
please wait for weekly candle close.
NOTE- Only for Education Purpose.
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#Lt cash : Looks good above 3630.10#LT cash -Positional call
24.01.2024
Looks good above 3630.10
Stoplsos 3608
Tgt 3664-3670/3700
Cmp 3600
l&t for swingLarsen & Toubro (L&T), a significant player in the infrastructure and engineering sector, is currently displaying notable technical patterns on its charts. Technical analysis indicates the presence of a round bottom formation, suggesting a potential reversal and the beginning of a bullish trend.
Investors observing L&T may find the round bottom pattern intriguing, as it often signifies a shift from a downtrend to a potential uptrend. This pattern is characterized by a gradual decline followed by a rounded consolidation, and its presence on the charts can be indicative of a favorable turnaround.
Moreover, the breakout from the round bottom is a crucial signal for traders and investors. The breakout suggests that L&T's stock may experience upward momentum in the near term. Specific levels on the charts can be identified as potential targets for both short-term traders and long-term investors.
For short-term traders, the breakout levels serve as strategic points for setting achievable targets, aligning with the anticipated upward movement. Long-term investors may view the breakout as a positive signal for L&T's future prospects, potentially leading to sustained growth.
As with any investment decision, thorough research, consideration of the company's fundamentals, and staying informed about market trends are essential. Utilizing technical analysis, such as recognizing breakout patterns like the round bottom, can provide valuable insights. Consulting with financial professionals or advisors is advisable for personalized guidance based on individual financial goals and risk tolerance.
While technical analysis can be a helpful tool, investors should be aware of the inherent risks associated with the stock market and make decisions based on a comprehensive understanding of their financial situation.
Triangle PatternA triangle chart pattern involves price moving into a tighter and tighter range as time goes by and provides a visual display of a battle between bulls and bears.
Script = Larsen&Toubro
Time Frame = 1 Day
LT - Interesting PatternThe stock is forming an interesting pattern since last year.
Runs bullish for quite some time, breaks the support of the bull run then comes to retest the support area.
The sequence is shown on the charts.
If the present rally continues, this time price may go to 2500 around, (according to the past week's behavior).
Only for learning and sharing purposes, not a bit of trading advice in any form.
All the best.
LT - Seeing the opportunityAll levels are mentioned on the charts.
The stock comes near its five-month-old support trendline. If bounces from here, maybe in an uptrend again. the upside targets maybe 2350 or even more ( you can see the previous broken support retest behavior ).
The best entry price is as near as possible to 2150
If breaks down from 2150 for a couple of days, then the bullish view will diminish.
Only for learning and sharing purposes, not a bit of trading advice in any form.
All the best.
L&T reratingAfter long under performance L&T is going to get re-rated and likely to give a dream rally in next 2yrs..
even 7k may be on cards..
LT - Long Idea* Cup and Holder pattern
* Height of the cup is the target
* Single print zone will act as a resistance
* Decent volume pumping in
Note: This analysis is based on my personal views and should not be considered professional financial advice.
LT (Larsen & Tubro) Daily candle Triangle Breakout and RetestLT (Larsen & Tubro) Daily candle Price Reading
LT (Larsen & Tubro) Daily candle Price Reading
Again this is a great Triangle Pattern Breakout and Retest of Breakout
as we can see on this chart that Price once
Break the Technical Triangle and goes up and now retest this Triangle
so its a clear technical buy for me
10 % Target upside for 2430
2.5% stop loss 2130
entry is around 2170 to 2190 is a great buying area for this analysis
L & T Strong ATH BreakoutL T looking good
strong breakout in ATH seems rally may continue further concentrate in this level
