LTO trade ideas
good for investmentrefer chart for details
try to accumulate the stock when it comes to the previous demand zone which is also a channel bottom.... it is the place where the institution buy their share(demand zone )
larsen & toubro 4 hr Chart due to reliance fomo it came down for support and if monday market makes movement and send this stock above 1340 than it will be a good recovery of this stock
Head and Shoulder :
it can go higher from this point if close above 1340 weekly trend line is there to push the upward button
468 SAN. Wk Wolf activation zone for entry near 1320 for shortDisclaimer:
Please consult with your financial adviser before making any trading or investment decision. Set-up provided here is for informational and educational purposes only.
This is not a sell or buy recommendation. We are not responsible for any gain or loss; Consult your financial advisor before your execution of trade.
There are heavy chance that most of the presented scripts does not meet set (described) entry conditions, as most of the posted analysis are based on Static ANalysis (SAN). Many times scenarios does not arise for good and ideal entry points. Hence needs personalized intraday techniques and strategies (PITS) are required for your entries and exists Always run with SL. WavoZen aims for microtrading, unless specified. Wavozen1 aims to publish real-time entries and exits.
Set-up presented here is for observational purpose only and most of the set-up designed by WavoZen is based on SAN for intraday purpose only to get the basic structure for intra-day short term or ultra-short term purpose only. Most of the set-up is valid for a day or otherwise mentioned. Hence requires your fine tuned personalized intraday techniques and strategies (PITS) based on Real-time Analysis (RT)/ Dynamic ANalysis (DAN) to get benefit from these structures or to have minimum loss, if wrong through your PIT Strategies (your trade plan). Overnight events, Gap-up opening, gap-down opening, news, major economic data release etc may impact the deviation from the assumed scenarios. If entry conditions and criteria are not meet, then we should not take any chance to enter on assumed scenarios. If there is a deviation in assumed scenario in time, speed and angle and these deviations will not encourages for entry as referred as entry not valid (ENV). Daily post appears on stocktwits.WavoZen. Abbreviations: PT1: Profit taking point 1; PT2 =profit taking point 2; SL: Stoploss point. ENT: Entry not Triggered; ENV: Entry not valid. Weekly Review : WR;
Larsen & Toubro - Kissed the GAP - Time to accumulateLT just kissed the GAP today. It may come to fill. Put your order in.... 1375.... a good buy and accumulate on SIP basis... Right time is NOW...
321 SAN. Will this Textbook pattern successfulSL compulsory
Disclaimer: Set-up shown here is only for educational purpose only; This is not a sell or buy recommendation. We are not responsible for any gain or loss; Consult your financial advisor before your execution of any recommended trade.
There are heavy chance that most of the presented scripts does not meet set (described) entry conditions, as most of the posted analysis are based on Static ANalysis (SAN). Many times Market does not provides good and ideal entry points. Hence needs personalized intraday techniques and strategies (PITS) for your entries and exists (Profit taking point 1 (PT1 or PT2) or Stop loss points (SL)). Always run with SL.
Set-up presented here is for observational purpose only and most of the set-up designed by WavoZen is based on SAN for intraday purpose only to get the basic structure for intra-day short term or ultra-short term purpose only. Most of the set-up is valid for a day or otherwise mentioned. Hence requires your fine tuned personalized intraday techniques and strategies (PITS) based on Real-time Analysis (RT)/ Dynamic ANalysis (DAN) to get benefit from these structures or to have minimum loss, if wrong through your PIT Strategies (your trade plan). Overnight events, Gap-up opening, gap-down opening, news, major economic data release etc may impact the deviation from the assumed scenarios. If entry conditions and criteria are not meet, then we should not take any chance to enter on assumed scenarios. (ENT= Entry not triggered). If there is a deviation in assumed scenario in time, speed and angle and these deviations will not encourages for entry as referred as entry not valid (ENV). Daily post appears on stocktwits.WavoZen.
LT - Rady for next bull runBullish divergence found in LT on the daily chart. Confirmation is above 1545 with 1495 sl. Next run will be huge on breakout
Larsen & tubro..... possible price action.Explained on chart.
Bullish flag formation needs confirmation .( decisive break of upper down trend line ).
Standard disclosure.... I am not god( just kidding ) .... i may be wrong ....trade according to your own risk management .
happy trading !!!
Patience is the key Price action on Larsen and Toubro is extremely choppy for the last couple of months..the price at 1400 odd levels have been a massive resistance so ar in 2019. The stock is fundamentally good but it will be beaten and sucked by the volatility that could prop in the coming weeks... This company rewards its shareholders genuinely and so far, it seems that stock hasn't found any good reason despite the company acquiring good and decent projects in the last six months..
Hence, if something does not perform well on the good news, it probably won't perform at all. But, technically, if the stock manages a chunky pullback 1000-050 is the level I am looking for a good load up. The price also coincides with a golden ratio trendline and good support. Therefore, from Risk reward perspective, 1000 is the Price.
Larsen & TuobroPrice seen finding support from the horizontal demand line, bounce expected to touch atleast 1390!
