Larsen & ToubroWe can observe the relative strength in this stock and consider initiating a small position. Let's keep an eye on it
LTOD trade ideas
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.
LT will reach 4000 ? cmp 3429 15% Upside PotentialLT broke the 52 week high and also broke the higher resistance
cmp 3429.
Target 3560, 3769, 3812, 3900, 4000
10% - 15% Upside Potential
Larsen&Toubro should be soon at the INR 4k markThe stock looking to move towards the INR 4000-4150 zone in wave "III" structure.
The stock was previously in a Wave "I" structure between Oct end till Dec end.
The correction to the wave I in the form of wave II was a mere 23.8% retracement of the first wave and lasted for a mere 3 days. This a reflection of strength in the stock. The stock is also the 5Th best performing stock in the Nifty 50 index in the Year 2023,and the same strength can be again witnesses in these shallow retracements.
Wave i of III has already been spotted on the stock and now it looks to complete the rest of the Wave III towards the INR 4150 mark.
On the downside INR 3400 is a crucial area and should be considered as "sl" for all sorts of longs initiated on the stock from here on.
L&t in consolidationl&t is trading in a rectangular channel.
close above 3550, will give a next move towards 3685
a 4% upmove is expected
MBlockStopLoss & Two Targets. T2 is ambitious. T1 has better shot on achieving.
This is for educational purposes only.
LTNSE:LT
LIFE TIME BO !!!!!!!!!!!!!!!!!!
One Can Enter Now ! Or Wait for Retest of the Trendline (BO) Or wait For better R:R ratio
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
2. Close, should be good and Clean.
3. R:R ratio should be 1 :2 minimum
4. Plan as per your RISK appetite
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
Larsen toubro Weekly AnalysisLt share weekly analysis
Lt share current time move 3rd wave . be aware price come down 4th wave
Larsen Tubro share AnalysisLT share one hour chart analysis
Larsen tubro share current time move 5th wave . 2 or 4 wave vertical trend line very importanat this trendline break . Upside 5 th complete and price again come correction
Larsen tubro share analysisLarsen tubro share current time move 5th wave . 2 or 4 wave vertical trend line very importanat this trendline break . Upside 5 th complete and price again come correction
Cup with handle BO in $NSE:LTNSE:LT
Pattern details:
Up-trend before forming Cup with handle pattern
Cup with ~8% correction and length of cup 22 bars (31 days)
Handle length is 8 bars (13 days) and ~3% correction.
BO Volumes are good
Disc - invested, for educational purposes only
