LT, D BULLISH LONG1430-1495-1515
I NEARLY CROSSED 1495 BUT DIDNT SUSTAIN BECAUSE OF LESS VOLUME.
I HOPE BY NEXT WEEK WE ARE SETTLING THERE.
LT trade ideas
Larsen & toubroLooks Bullish
All the key levels are mentioned in chart with Stop-loss and Targets
Macd in daily is positive and Uptick and also above zero line
Macd in hourly is positive and Uptick and also above zero line
Bollinger
Adx and Dmi are positive
RSI in daily above 60 with Uptick
RSI in hourly above 60
Key Levels
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Consult with your Financial advisor before trading or investing
L&T - GO LONGA SHORT BREAK OUT WITH GOOD VOLUME WILL LEAD TO 1620 LEVELS..
TRDAE AS PER THE CHART.
DISCLAIMER: NOT SEBI REGISTERED. EDUCATION PURPOSE ONLY.
THANK YOU.
LT is it beginning of new cycle !???LT: seems like it completed Elliott motive wave and corrective cycle and begin new cycle. Let's see how it goes !????
LT, on good support.Breakdown or good bounce from this level can be seen. Gann levels given. Support and resistance levels provided. Trade accordingly. Analysis for educational purpose only.
Buy LT around 1335 target 1368/1440 stop loss below 1300 LT is consolidating for long around paste week in this range and with results session it is expected to give satisfactory result and is buy once the resistance is broken for above mentioned targets
NSE:LT Larsen & Toubro Trying to enter blue sky zone?Larsen & Toubro Limited, commonly known as L&T, is an Indian technology, engineering, construction, manufacturing and financial services conglomerate headquartered in Mumbai, Maharashtra, India. It was founded by two Danish engineers taking refuge in India.
L&T (as per CRISIL consolidation) has superior liquidity driven by significant cash balances of more than 15,000 crore in fiscal 2020. L&T also has access to fund based limits of Rs 10,000 crore which has moderate utilization levels (including commercial paper). CRISIL believes the company has sufficient accruals and cash and cash equivalents to meet its repayment obligations and finance its capex requirements and investment requirements in various subsidiaries and JVs. Its unutilized bank lines are more than adequate to meet its incremental working capital needs over the next one year.
NSE:LT
> Dominant market position in domestic E&C segment with diversified revenue profile.
> Strong financial flexibility and comfortable capital structure
Negative points:
>Subdued returns from significant capital employed notwithstanding moderate levels of debt service indicators
> High working capital intensity of operations
LT Swing trade opportunity predictionIts swing in a big range. My prediction is it will comes near 1200 level and then go up
LT - Elliott wave analysis - 5th wave up It is in 2nd of 5th wave up and the stop loss for the set up is 1359.25. It will go above 1600 to finish the cycle.
