Larsentoubro
Larsen & toubroLooks Bullish
All the key levels are mentioned in chart with Stop-loss and Targets
Macd in daily is positive and Uptick and also above zero line
Macd in hourly is positive and Uptick and also above zero line
Bollinger
Adx and Dmi are positive
RSI in daily above 60 with Uptick
RSI in hourly above 60
Key Levels
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Consult with your Financial advisor before trading or investing
NSE:LT Larsen & Toubro Trying to enter blue sky zone?Larsen & Toubro Limited, commonly known as L&T, is an Indian technology, engineering, construction, manufacturing and financial services conglomerate headquartered in Mumbai, Maharashtra, India. It was founded by two Danish engineers taking refuge in India.
L&T (as per CRISIL consolidation) has superior liquidity driven by significant cash balances of more than 15,000 crore in fiscal 2020. L&T also has access to fund based limits of Rs 10,000 crore which has moderate utilization levels (including commercial paper). CRISIL believes the company has sufficient accruals and cash and cash equivalents to meet its repayment obligations and finance its capex requirements and investment requirements in various subsidiaries and JVs. Its unutilized bank lines are more than adequate to meet its incremental working capital needs over the next one year.
NSE:LT
> Dominant market position in domestic E&C segment with diversified revenue profile.
> Strong financial flexibility and comfortable capital structure
Negative points:
>Subdued returns from significant capital employed notwithstanding moderate levels of debt service indicators
> High working capital intensity of operations
L&T | AnalysisAs we know Budget 2021 of INDIA has been there and its main focus is on the infrastructure. So, It may be good to have a Good Stock based on this in our watchlist.
So, Let's come to the Point, Should you buy this Stock ?
Let's See the Analysis first and then we'll conclude the Buy/Sell Call -->
In the Chart we can see that the Rectangular Range is there which is tested well and Price is fluctuating in it for a long time.
Also, In the hourly chart we have the Descending Triangle which serves as the reversal pattern because Bears are pushing the price at the same level while Bulls are not able to.
As a result, Descending Triangle forms with trendline at the top with decreasing buyers momentum and Baseline at the bottom indicating the constant seller's momentum.
But RSI indicates that there is a support and It can jump from there, So, We should wait for the breakout.
So, at the end we have two different scenarios that are either the stock will follow Path 1 or Path 2. So, wait for the breakout and follow the Path accordingly.
LT - Bull Flag - Breakout awaited - SwingThis analysis is done purely on basis of price action and chart patterns
Analysis is done on Daily TF hence it may take few days to few weeks for price to reach the given target
Stock is at good consolidation phase and it can be accumulated with small SL (1085-1090 range).
Stock is fundamentally strong. The sector is having good push by govt policies and LT being the leader, very high chances that it will rise near life time high.
This is not a trade recommendation. Do your own study before entering into any trade.
Trade with your own risk & money management.
Feel Free to comment for any query or suggestion.
Taking long Position in LT With theTarget of 1460After looking at 3yo Chart, V -Shaped recovery went well 1200 is acting as Base Support still considering volatility in Market keeping safe SL of 1250 and Target of 1460.
LT bagged Sufficeent Order to Support growth and rally towards 1460.
My strategy would be to book 50% profit at 1460. If it sustain and markets sentiments are positive hold and add more for target of 1580+
Comments and suggestions are welcomed. Cheer and Thums-up if you agree with data.
Vftr C Institutional Total International S 14 Jan 2021
Bulck Purchase
1,73,802 (BSE)
Quantity 1,353.5
LT
Larsen & Toubro. Total Revenue Qtr cr 31,593.7
(-12.1%)
Operating Expenses Qtr Cr 25,715.2
(-12.2%)
Operating Profit Qtr Cr 5,319.5
(-12%)
EBIDT Qtr Cr 10,292.2
(50%)
Depreciation Qtr Cr 713.1
(13.3%)
Net Profit Qtr Cr 5,520.2
(118.4%)
Active candle stick is Morningstar Bullish pattern
Morning Star is a three day bullish reversal pattern consisting of three candlesticks - a long-bodied black candle extending the current downtrend, a short middle candle that gapped down on the open, and a long-bodied white candle that gapped up on the open and closed above the midpoint of the body of the first day.
NSE:LT
Disclaimer: Not providing any calls or any recommendations to buy. Just using my skills to predict future price bases current market trends, news and Candlestick pattern. Please be patient and do your own analysis.
LTI'm not an expert I'm just sharing my views on LT for next trading day
I'm not responsible for any profit or loss this is not a recommendation
buy LT ABOVE 1182.50 SL 1174.90 TGT 1200PLEASE buy LT above 1182.50 looks very good for delivery also and intraday
L&T Swing setupL&T has formed a bullish price action pattern called as flag and pole pattern. Generally after a sharp move market relaxes a bit and gathers some energy for going further in the same direction.
LT - Sign of RevivalNSE:LT has made a new HH, if breaks and sustain above 940 then more upside.
As per Option Chain 940 is a key resistance level. Short Covering (call option) has also seen at 920 level.
L&T - Ascending Triangle pattern in making (Short term swing)This analysis is purely based on price action and chart pattern.
This is for short term swing/positional trading. Trade may take few days to a couple of weeks to reach its final target.
Trade strategies are shared in image itself
SL to be trailed according once entered in trade.
*Take trade on your own risk & money management*
Feel free to comment for any query or suggestion.
LT Found support around 950 & 50 Day Moving average supports on LT Found support around 950 & 50 Day Moving average supports on
Is LT a good candidate for breakout ? Based on this chart this looks like a good candidate for breakout (unless it goes below the trend line, in which case it will be a breakdown). Let's wait for few days to find out if this is a correct understanding.
Larsen & Toubro Price at trend line Supportthis is one of the most confusing zone for trader it can easily bounce above the trend line so it can be trap .
don't short at the trend you can wait for retest of this zone and if rejected again than you can short the retest.
for long we can not long the price above trend line ,we have horizontal resistance above and this is good confirmation for long
