LT trade ideas
Sideways trend on BankNIFTYExpect a sideways trend on BankNIFTY this week. Move limited to R1 and S1 on either side of Central weekly Pivot
LARSEN getting bullishLarsen will attempt towards 1770, and closing above 1780, will take it towards 1950
L&T breakout toward all-time-high zoneThe price of the stock L&T (NSE: LT) is has broken out toward all time highs (ATH) on the day time scale. The price retraced toward previous high of 2420 and has exhibited a continuation.
Bulls are strong in the ATH zone and buying the breakout is the most logical thing toward risk management level of 2420.
Long-term target would be 2.618 Fibonacci extension of 3120.
LT Double Top Pattern forming 12 JulyIn NSE:LT Double Top forming
Timeframe - 15 minute
Date - 12 July 2023
Confirmation Price- Around 2457
It can move till 2417
Disclaimer - This I share just for reference and educational purpose for community. Please do not take trade based on this. For trading or investment please do your analysis.
LARSEN AND TURBO BREAKS IT'S ALL-TIME HIGH - BULLISH BREAKOUITAs Nifty broke above it's ALL-TIME HIGH,
Larsens & Turbo (#LT) also broke above its All-time high and looks bullish.
Entries can be initiated when price retest 2416 with stop loss below 2372.
LT at perfect byuing zone Hi guys , as we can clearly see that LT is totally performing very well with its trend line and its the most bottom trend line . Its a infrastucture co. and its business is continuously rising and being protifable . so its a clear buy for a target around 2400 and a stoploss of 2150 altough if it breaks this level then short it for a target of 2050
Chart of the week.This is one of my favorite simply because of its fundamentals. Larson and Tourbro is not a new name in NSE. L&T is a market leader in construction and defense. This week it has given a Fibonacci breakout. As one can see from the chart, I have recommended this share since May 21, when it was trading around 1450. This is the stock an Investor should buy and forget. An Investor should not use this SL and buy it on each dip.
CMP - 2475 (30-6-23)
T - 2950, 3500 W
SL - 2190 W
LTMake bullish Flag chart pattern in 4 hour time fram , 100 EMA is below 50EMA that is bullish Sign , MACD line saw fair value for bullish way , price is at all time high so first Target will be 2622.90 and Stop loss will be 2273.65
This is for educational purpose not a trading advice so that's my view comment down your view 🤗
LT (D)- STRONG TRENDLINE SUPPORTStrong trendline support from bottom.
As the stock is forming HHs and HLs. So its better to trade on range breakout at the support zone
Entry above: 2255-2260
T1: 2300
T2: 2350
T3: 2440
SL: 2200
Safe SL: 2170
l&t verge of breakoutnearly a 5% upside from here as the chart here defines the breakout I expect it to be in June but it is just my analysis I can't predict the future so take it with a pinch of salt I may or may not hold any position
L&T showing weaknessOn weekly timeframe, we can see evening star which is bearish and along with that RSI is showing bearish divergence also. MACD has also formed bearish crossover. All these signals are showing weakness in L&T. May go down to 2050 if it breaks support which is around 2180 (daily timeframe 100 ema).The content provided is for educational and informational purposes only.
LT--Consolidation + Breakdown ??Observations::
-------->> the stock is consolidation for more than a week, and today showing large sell off,
and now price is @ demand zones, keep track this levels 2250 or 2200.
-------->> We have strong buy ness is observed in these levels, look for buying at these levels.
Price Trading near Multiyear Resistance ZonePrice Trading near Multiyear Resistance Zone .... High probability some times LT under perform Nifty
LARSEN & TOUBRO BO of Pole & Pennant#Stock : #LARSEN & TOUBRO
#Chart Time Frame: #Daily
#Structure : #Pole & Pennant BO on Daily basis
On #Daily Time Frame the Stock has given a good BO of Pole & Pennant yesterday i.e.05-04-2023
So stock looks good for long as per the levels mentioned below:
#CMP - 2276.90 or BoD 2200
#Target 1 - 2378
#Target 2 - 2544
#Target 3 - 2710
#SL - 2050
#Holding Time Frame - #Medium to #Long Term
All charts & studies posted here are only for #EDUCATIONAL PURPOSE
L and T only for explains Technical analysis
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Larsen & Toubro showing bearish divergence in Weekly and Monthly-The Stock seems to lost its bullish momentum with bearish divergences(RSI) in weekly and monthly timeframes.
-Prices seems to accumulate at the top with no or negligible bullish movement in last 5 months(No strong bullish explosive candle in last 5 months).
-Inverted hammer in monthly with Evening star pattern in weekly indicating that stock may turn its trend to become bearish.
-Any follow up candle to evening star in weekly time frame can trigger entry for short trade(Futures).
-Looking to play Directional option strategies(Bearish) as this stock will not be strongly bullish(in short term) for sure.
-Breakout of last inverted green hammer in monthly will change my view about this stock.
Best set up in Larson & tubro (LT)On weekly chart of LT it takes support of trend line good support at 2200 ,if it holds then it may take good upside potential
Larsen Toubro break out confirmedExpecting to hit 2500 levels soon. Breakout confirmed and sustained
long position on LTMy strtegy is based on price action with the reading of certain indicators that I like whilerespecting all the values that define the stock maket
Higher low formation in LT Stock can show move if it break 2137, target can be 2163
And if breaks below 2106 than it can again go to 2086
Larsen & Toubro analysis Larsen & Toubro Ltd, commonly known as L&T, is an Indian multinational conglomerate company, with business interests in engineering, construction, manufacturing, technology, information technology and financial services, headquartered in Mumbai. The company is counted among world's top five construction companies.
LARSON & TOUBRO cup and handle pattern Larson & toubro Cup and handle pattern
SL is on 2170
Entry is at 2195
Target is at 2260
technical analysis and is for educational purposes.
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Disclaimer
I am not sebi registered analyst My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
