LT is now looking worseLT was already bad with a head and shoulder (I told in one of my ideas. I will link it to this)but now there is also a rising wedge. I plotted everything on chart
LTO trade ideas
head & Shoulder on LT daily time frameCMP 3460, enter on retesting resistance at 3500.
Looking weak, expect 3150-3200 by june.
LT Head and shouldersL&T made a Head and shoulder pattern (Plotted on chart) Target is length of head stop is right shoulder as usual but sadly we can't hold a short position so i guess i will just watch :(
NICE OPPORTUNITY FOUND IN LARSON & TOUBRO 15MOne of the successful trading opportunities found in the Larson & Toubro 15 Min chart recently.
while the market was in a good upper direction suddenly the price started to fall, at the same time the indicator showed a red sell signal to go for a short position.
Do not take any position based on the signal from any indicator, only if you've done some research and analysis. No, any indicators can make you blindly profitable, especially if you're new to the Market.
LT BULLISH !!!Cup & Handle Breakout .
Good for Short term.
Target 3900,4100.
Do Like ,Comment , Follow for regular Updates...
Disclaimer : This is not a Buy or Sell recommendation. I am not SEBI Registered. Please consult your financial advisor before making any investments . This is for Educational purpose only.
Seizing Opportunity: Double Bottom Formation in LT!Hello traders,
Let's explore an exciting opportunity today! 🌟 This stock has recently formed a double bottom pattern and surged upwards, consistently breaking previous highs. 🔄 Currently testing its recent peak, there's potential for a pullback before further upside.
Options traders, consider buying 3500 call options in march expiry for optimal leverage. Let's make the most of this opportunity! 💼📊
Thank you. See you again in the next post.
Best regards,
Alpha Trading Station
LT A BULLISH TRENDLT in bullish trend with given SL and Targets on charts for long trade with the trend
Cup and Handle on LTLT appears to have formed a cup and handle pattern with bullish breakout. However there were some selling during end of the day. Though volume was above average, selling at the end of the day is a worry. Risk reward is around 1:1.7.
Disclaimer: I am not a SEBI registered consultant. This is not a buying or selling recommendation. Please consult your financial advisor before making any trade. Above information is just my view and is meant for educational purpose only.
Larsen & ToubroWe can observe the relative strength in this stock and consider initiating a small position. Let's keep an eye on it
L&T SETTING A BULLISH CUP & HANDLE PATTERNOn the Daily chart L&T is looking to set up a bullish Cup & Handle breakout, similar to the one during Oct – Nov 2023. The Nov ’23 breakout gave 19% return in the following 60 days. The current setup, if breaks out, can also offer a decent return though in the market there are no guarantees. Price structure on the Monthly & Weekly charts is quite bullish.
Only personal analysis. No recommendation.
Larsen & Toubro (LT) : A perennial growth engine6/11 - Jefferies next 5 year companies
Jefferies target by March 2029 - 7,564
The chart on daily shows breakout of a small Cup and Handle pattern, which should help the company towards it's consistent upward journey. A must buy in the portfolio which in itself is a natural portfolio hedge!
L&TL&T is currently trading at a support level. If you are considering trades, here are some levels you may want to keep in mind.
L&T FURTHER UP SIDE RALLY??L&t can give a possible up move with a decent stoploss and good Targets for swing and positional trades
ENTRY - 3625
STOPLOSS - 3595
TARGETS - 3685, 3740, 3800++
Note- if any trade or value that's gone from the marked levels then that's not our trade just let it go or wait for it to come back
I'm not sebi registered this is my personal view
Please like or boost my idea if you like it or traded it
Thankyou.
L&T has 20% upside from CMP. New impulse wave in action.The weekly wave count for LARSEN&TOUBRO LTD. suggests that it recently completed a wave IV correction from the Jan 2024 highs, and now is all set to move higher in wave v.
The expected wave would be the wave V of 3. The target zone for this wave is projected at around INR 4100-4150 levels which is around 20% up from CMP.
INR 3400 is a support zone for the stock now.
INR 3330 can be used as a "SL".
LT--Drop Base Drop??This stock is in consolidation state...
drop base drop is going to observe in this stock...
So keep your view to bearish in this.
But a manipulation move to topside chance is more, then fall happens.
We have a demand Zone lies at bottom, look for buying at that demand Zone.
10% correction in L&T, should we buy now?
L&T has corrected around 10% from its recent high. I plan to buy it if it stay in green tomorrow.
LT .. wait for retraceLT amazing bull run..
Waiting for retracements to 0.5 2600 or 0.618 levels 2260
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...
Imaginary path for Larsen & Toubro (L&T) India Weekly chart, the stock formed a rising wedge and reached the target.
The technical indicator RSI reached an over-bought zone..
This is my imaginary path for the next 14 months: down zigzag to S1 at around 3030, then up zigzag to R1 at around 4065
Above 3750 for 2 weeks, will void this path, and the stock will target 5750 long-term.
