LT trade ideas
LT - Elliott wave analysis - correction time Lt is in 4th wave correction, where it is expected to go down as either triangle or flat like complex correction before resuming the 5th wave up.
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
Positional LT giving breakout againLT looks good for 1230 target. For SL it has a strong base around 1100. Adding the earlier chart for reference.
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 buy above 1178L&T breaking cup and handle pattern and also breaking previous resistance. Buy only above 1178 breakout.SL-1165 Target-1189 NSE:LT
Go for trade if open flat or almost flat and cross level Go for trade if open flat or almost flat and cross level
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.
Larsen & TerboPrice will Rise 1100 to 1300 in next 3-4 months.
Company has very good Financial Results & profit. With 45% of market share & 1.3 Trillion Rs. Projecs. Very hopeful....
Larsen & Turbo - L & T - LongL&T CMP - 947.75
Looking bullish in longer time frame. One can go for Intraday / Swing trade setup with the following entry, exit & targets
Buy at or above 953.50 / Stop Loss 944
Target 1 - 959
Target 2 - 964
Target 3 – 970 / 975
Disclaimer: This is my view and for educational purpose only.
