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Larsentoubro

LT Targets ₹3992! Hourly Swing Trade in Action!Larsen & Toubro (LT), on the 1-hour timeframe, has showcased a precise long trade setup using the Risological Swing Trading Indicator . With TP1 and TP2 already achieved, the trade now targets higher levels as momentum sustains. Key Levels: TP1: 3658.85 ✅ TP2: 3786.40 ✅ TP3: 3913.95 (Pending) TP4: 3992.75 (Pending) Technical Analysis: The price crossed the Risological Trend Line , giving a clear bullish entry signal at 3580.00, backed by strong market sentiment. The stop-loss was secured at 3516.25 to ensure a well-defined risk-reward ratio. The steady rise above the trend line and the achievement of initial targets highlight the reliability of the system. The trade remains bullish, with the price continuing to climb steadily toward TP3 and TP4, suggesting further upside potential.
NSE:LTLong
by ProfitsNinja
Decoding the Final Wave: An Elliott Wave PerspectiveTechnical Analysis Using Elliott Wave Principles on example of Larsen & Toubro Ltd. (Hourly Time Frame) The analysis presented is purely for educational purposes, demonstrating the application of Elliott Wave Theory. It is not intended as trading or investment advice. Markets are unpredictable, and all analyses have a degree of uncertainty. Introduction to Elliott Wave Principles: Elliott Wave Theory is a powerful tool used by traders and analysts to decipher the underlying structure of market price movements. Developed by Ralph Nelson Elliott, this theory is based on the idea that market prices unfold in specific patterns known as "waves." These waves are driven by collective investor psychology, moving in predictable cycles of optimism and pessimism. The theory is broken down into two main phases: the impulsive phase, which moves in the direction of the main trend, and the corrective phase, which moves against it. Key principles to remember: 1. Wave Structure: An impulsive wave (motive wave) consists of five waves (1-2-3-4-5) in the direction of the trend. A corrective wave is composed of three waves (A-B-C) that move against the trend. 2. Wave Personality: Each wave within the Elliott Wave structure has distinct characteristics. For example, Wave 3 is often the strongest and longest, while Wave 5 tends to be a final push before a trend reversal. 3. Wave Relationships: Fibonacci ratios are frequently observed in wave relationships, providing potential price targets and retracement levels. 4. Validation and Invalidation Levels: These levels help in determining the accuracy of wave counts and projections. If price breaches the invalidation level, the wave count is reassessed. Current Elliott Wave Analysis on Larsen & Toubro Ltd. Upon analyzing the hourly chart of Larsen & Toubro Ltd., we can observe the following wave counts and structures: Wave Structure Overview: - The chart shows a complex corrective structure following a significant impulsive move. The price action seems to be in the final stages of a larger wave pattern. Wave Count Details: 1. Primary Count: - We are potentially in the 5th Wave (red) of the final (5)th Wave (blue) on the daily time frame. - The 5th wave, according to Elliott Wave Theory, often exhibits certain characteristics such as declining momentum, signaling the end of the trend. 2. Current Hourly Structure: - Wave (4) in Blue has been completed at the price level near 3175.05, marking it as the last corrective wave before the final impulsive wave. - The chart illustrates a five-wave sequence emerging from this level, indicative of the development of the 5th wave. - Within this structure, we can identify sub-waves: - Wave 1 peaked around 3720. - Wave 2 retraced back near 3460. - Wave 3 is anticipated to push towards higher levels, with Wave 4 and 5 completing the sequence. Wave 5 Characteristics and Projections: - Wave 5 Characteristics: [/i ] Typically, Wave 5 in a motive wave structure can be either strong and extended or show signs of divergence, where momentum indicators such as RSI or MACD might not confirm new highs. - Projection Target Levels: Based on Fibonacci extensions, potential targets for Wave 5 lie around 4141.30, 4352.60, and even possibly towards 4400.00. - Invalidation Level: If the price breaks below 3175.05, the wave count would be invalidated, necessitating a reassessment of the entire structure. Conclusion: The analysis indicates that Larsen & Toubro Ltd. is in the final stages of a larger wave pattern, specifically the 5th wave of an impulsive sequence. As this wave unfolds, it’s crucial to monitor the target and invalidation levels closely. This educational analysis serves to illustrate the application of Elliott Wave Theory, with no intention of providing trading advice. Always consider consulting with a financial advisor before making any investment decisions. I am not Sebi registered analyst. My studies are for educational purpose only. Please Consult your financial advisor before trading or investing. I am not responsible for any kinds of your profits and your losses. Most investors treat trading as a hobby because they have a full-time job doing something else. However, If you treat trading like a business, it will pay you like a business. If you treat like a hobby, hobbies don't pay, they cost you...! Hope this post is helpful to community Thanks RK💕 Disclaimer and Risk Warning. The analysis and discussion provided on in.tradingview.com is intended for educational purposes only and should not be relied upon for trading decisions. RK_Charts is not an investment adviser and the information provided here should not be taken as professional investment advice. Before buying or selling any investments, securities, or precious metals, it is recommended that you conduct your own due diligence. RK_Charts does not share in your profits and will not take responsibility for any losses you may incur. So Please Consult your financial advisor before trading or investing.
NSE:LTEducation
by RK_Chaarts
6
Larsen&Toubro should be soon at the INR 4k markThe stock looking to move towards the INR 4000-4150 zone in wave "III" structure. The stock was previously in a Wave "I" structure between Oct end till Dec end. The correction to the wave I in the form of wave II was a mere 23.8% retracement of the first wave and lasted for a mere 3 days. This a reflection of strength in the stock. The stock is also the 5Th best performing stock in the Nifty 50 index in the Year 2023,and the same strength can be again witnesses in these shallow retracements. Wave i of III has already been spotted on the stock and now it looks to complete the rest of the Wave III towards the INR 4150 mark. On the downside INR 3400 is a crucial area and should be considered as "sl" for all sorts of longs initiated on the stock from here on.
NSE:LTLong
by neeraj_2_sharma
Larsen & Toubro - Ichimoku BreakoutStock Name - Larsen & Toubro Limited Ichimoku Cloud Setup : 1). Today's close is above the Conversion Line 2). Future Kumo is Turning Bullish 3). Chikou span is slanting upwards All these parameters are showing bullishness at Current Market Price and more bullishness AFTER crossing 3200 #This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market. #CloudTrading #IchimokuCloud #IchimokuFollowers #Ichimokuexpert I hope you all like my analysis. Please do share your thoughts into comment section. Please give a like, share & subscribe for daily analysis.
NSE:LTLong
by nikunjbhadja
LT - MULTIPLE BREAKOUT📊 Script: LT (LARSEN & TOUBRO LIMITED) 📊 Nifty50 Stock: YES 📊 Sectoral Index: NIFTY INFRASTRUCTURE 📊 Sector: Construction 📊 Industry: Engineering Designing & Construction Key highlights: 💡⚡ 📈 Script has given breakout of BB Upper Band. 📈 MACD is just giving crossover. 📈 Already Crossover in Double Moving Averages. 📈 Price moving along with volume. 📈 RSI was facing hurdle at 74 level and gave breakout shown in chart. 📈 There is Trendline Breakout also. 📈 Right now RSI is around 78. ⏱️ C.M.P 📑💰- 1936 🟢 Target 🎯🏆 - 2078 & 2247 ⚠️ Stoploss ☠️🚫 - 1827 ⚠️ Important: Always maintain your Risk & Reward Ratio. ✅Like and follow to never miss a new idea!✅ Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes. Eat🍜 Sleep😴 TradingView📈 Repeat 🔁 Happy learning with trading. Cheers!🥂 [/b
NSE:LTLong
by radha_23
Sector Analysis Four sectors that are outperforming NSE:NIFTY {A} NSE:BANKNIFTY Though not by big margin definitely out performing NSE:NIFTY . Break above 42000 will be a great sign. Stocks to watch out; 1) NSE:CANBK 2) NSE:ICICIBANK 3) NSE:INDUSINDBK 4) NSE:SBIN {B} PSU Bank . 1) NSE:CANBK 2) NSE:SBIN 3) NSE:BANKBARODA {C} NSE:CNXINFRA got a big push at Budget and is evident from stock performance . 1) NSE:LT 2) NSE:SIEMENS 3) NSE:ABB 4) NSE:NTPC {D} BSE:MIDCAP is best out performer, if overall market improves will run away. 1) NSE:CUMMINSIND 2) NSE:PGHL 3) NSE:HAL 4) NSE:TORNTPOWER
NSE:CNXINFRALong
by Vasu_devan
L&T Levels & Strategy for 01/Nov/2022Dear traders, I have identified chart levels based on my analysis, major support & resistance levels. Please note that I am not a SEBI registered member. Information shared by me here for educational purpose only. Please don’t trust me or anyone for trading/investment purpose as it may lead to financial losses. Focus on learning, how to fish, trust on your own trading skills and please do consult your financial advisor before trading. Today L&T has posted strong results. L&T's consolidated revenue stood at rupee 42763 Crores, YOY up by 23% & beat the market expectations. PAT rises to rupee 2229 Crores. However, QOQ order inflow was low compare to 1st quarter. L&T is all set to grow in Indian market however global issues are hurting overseas growth prospects. Shall we buy on decent dips in coming days due to FOMC meeting/US FED & RBI rate hike based on growth prospects in coming quarters ????? Please do share your views. Let's work & win together. Many thanks & good luck for your trades in L&T stock and F&O.
NSE:LT
by manishmgupta