LT is hot Good cup & Handle setup with 3 target - There is no stop loss .
Educational purpose only, Not a buy recommendation
LTOUF trade ideas
LT (Cup & Handle Pattern)Cup & Handle pattern
All-time high
If breaks at @3120 then the target will be @3400
Larsen and Toubro (LT) analysisLarsen and Toubro (LT) is an amazing all time favourite company for many traders/investors in the Indian stock market.
This stock has immense potential for the elections, especially providing Infrastructural development instruments, etc.
Here are the details for the analysis on the stock-
CMP- 3050
Target- 3200
Stoploss- 2987
Duration- Feb 2024.
Let me know what you think.
Positional_ Larsen and Toubro1. LT has formed Cup and Handle Pattern in weekly timeframe.
2. I am expecting a breakout.
3. SL, Entry and Target to be posted afterwards.
Disclaimer: The views expressed in this article is of my own and you're solely responsible for any decision taken in the markets resulting in financial gains or losses. The analysis I've shared is just for informational and educational purposes.
$NSE:LT Is LT going down in next trading sessions ?NSE:LT Is LT going down in next trading sessions ?
Do your own research before investing in any stock.
Disclaimer:
This is not a financial, investment or trade advice. Its only for educational purpose.
L&T Cmp 2929 Doji Candle L&T Cmp 2929 dated 31-10-2023
1. Doji Candle
2. Excellent set of numbers
3. Good RRR
Buy above 2952 or risky traders can buy @ mkt
target 2975-3000-3050-3075-3100 SL 2850
#Earnings Update:
#L&T
Solid set with record orderbook backlog
Rev at 51024cr vs 42762cr
PBT at 4991cr vs 3936cr, Q1 at 4332cr
PAT at 3855cr vs 2819cr
Solid OCF 🔥
At 4181cr vs 621cr
It is just a view, please trade at your own risk.
$NSE:LT Is LT getting ready for further fall ?NSE:LT Is LT getting ready for further fall ?
Ignore if huge gap down or gap up.
Follow strict stop loss.
Disclaimer:
This is not a financial, investment or trade advice. Its only for educational purpose.
$NSE:LT Is LT going to continue the up move from here ?NSE:LT Is LT going to continue the up move from here ?
$NSE:LT Is LT going to reverse from here or will fall further ?NSE:LT Is LT going to reverse from here or will fall further ?
Ignore if huge gap down or gap up.
Follow strict stop loss.
Disclaimer:
This is not a financial, investment or trade advice. Its only for educational purpose.
Inside bar suggests up move from here go longinside bar or abondoned baby, a clue that buyers are coming ,can go long with above mentioned targets and stoploss
L&T will continue Downtrend 2730 1st level to watchL&T will go down take sell trade with SL of recent high downside Target mentioned on chart
Nifty outlook 17th Oct 2023Closing Range - 19616/19845
Extended range - 19533/19928
Low volumes, Bearish Harami candlestick pattern and unwinding of 1.4 Cr puts, all indicuate that Nifty will go lower from present levels. The only saving grace is a 4% jump in Indiavix indicating a restricted down side, which is expcted will about 19700. That said, nifty has formed a small uptrending channel and risk reward seems in favour of bulls. HFDC bank results are also good, if it provides leadership to Bank Nifty, Nifty cn can also move upwards. Oveall, it appears to be an uptrending or a sideways market.
Possible trade: Observe price action on HDFC Bank tomorow and accordingly take trade in Nifty keeping the 2 day ranges in mind mentioned above.
P.S. - 0.5%-1% return on capital can be considered good in intraday.
L& TGreat pullback to the bulls. It's time to trade on L & T
Hello everyone ,
Back with idea of being bull in L& T.
Buy @ cmp - 2681
Stop loss - 2624.95
Targets - 1) 2940
2) 3178
3) 3486
Will update the trade whenever the price reaches the above said levels
All the best
Happy Trading
Time to Book Profits!Hello Traders
Since last July 2022 LT has give a good return on investment of 90%, to our trading community members book your profits and re-enter if you get it at lower levels.
Booking 75% of my portfolio, will re-enter at 2300 levels
Levels for enter and exit are marked on charts
Stay safe.. Trade according to your risk profile.
Let me know if you agree or disagree in comments... Looking forward
Best Regards
L&T Daily Analysis Short CMP 2641 Targets 2585- 2520- 2450- 240L&T Daily Analysis Short CMP 2641
Targets 2585- 2520- 2450- 2400+
Sl below 2700 Daily Bullish candle closing basis
can short fut or buy 2600 PE NExt month Expiry
Shooting Star formed on LT, 1DNSE:LT Larsen & Toubro Ltd, commonly known as L&T, is an Indian multinational conglomerate company, with business interests in engineering, construction, manufacturing, technology, information technology and financial services, headquartered in Mumbai & Technical services, headquartered in Chennai.
LT forms Shooting Star after an uptrend and gave closing below it.
Entry : 2906.75
Target : 2760
SL : 3015
RR : 1.36
L&T WeeklyLT Reacting to Harmonic level though there is buy back announcement @3200 let see how prices react further
L&T BearishFabulous structure of reversal
Expected to come down till 2576 Fib ret 0.5 level
If daily candle closes below yesterday’s low then can see good downward movement
L&T turns ex-date for buyback; zooms 4% L&T turns ex-date for buyback; zooms 4% on raising buyback price to Rs 3200
The company has revised the buyback price upwards from Rs 3,000 per share to Rs 3,200 per share
Shares of Larsen & Toubro (L&T) rallied 4 per cent on the BSE to scale a fresh high of Rs 2,998 in Tuesday’s intra-day trade after the company revised its buyback price upwards from Rs 3,000 to Rs 3,200 per share.
At the same time, maximum no of shares to be bought back has been reduced to about 31.2 million shares from about 33.3 million shares earlier. The revised buyback represents 2.22 per cent of the paid up equity share capital of the company.
