Ltlong
LT--Retracement or Reversal??This stock observed a strong fall from the resistance...
broken the trendline as well....
if this is a retracement price again continue its upward momentum...
if this is a reversal price will gives us retest to the trendlines fall back...
Look for buy opportunities when price comes to the demand area...shorting opportunities when it comes to resistance area...
LT--@Resistance Zone??A strong bullishness is observed from this stock from 3040 levels...if this is an exhaustion or initiation.
Previously a strong fall is observed from the levels 3120 levels...
now its again at resistance zone...if this move is initiated by buyers again this will break the resistance soon...if this is an exhaustion of buyers it will breaks the support at 3040.wait until it confirm its bullish or bearish then look for sell or buy..until keep in wait and watch mode...
#Litecoin gearing up for its halvening mini bull runThe price action of #LTC has been pretty predcatble
respecting levels , not outpacing the general market
keeping pace with slight periods of over-performance
I think you are about to see run through the magical $100 level
and get up to the $140 level the same price level where Litecoin ran to 4 years ago
I'm predicting a slightly better run this time and get to the around HKEX:180
A double form here!
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.