As you can clearly see the breakout of multiple resistance in chart above. One can definitely go long on this until it is above the trendline.
NSE:LT can buy small qty now @ 1665-1660 and add more near 1600 on bounce SL Closing below 1545 T 1710, 1770, 1810, 1880
The stock has broken out and took support at the previously upper trendline. Trade is supported by brokerage calls, 200 EMA, and Supports Nearby. The stock has previously broken out with good volumes and retested the upper trendline, the point of entry. Risk Reward Ratio - 1:1. SL is placed below multiple major support zones, 200 EMA, and previously upper & lower...
L&T has given a breakout on the weekly TF with a very good volume. We can also see retest. Potential good move in next week.
RS is positive, RSI above 50 shows that stock has momentum. and its results are about to come in coming days so there will be good chance that stock will be 52week high. keep watching it.
LT has broke out of its all time high in the last week. Now the previous resistance is being tested. If the stocks fails to break the support, we can expect a 1:3 trade with stop loss 1470. Sharing this for educational purposes only
5 Month long base Steady Uptrend Breakout happened with high volume
This is on a 30 min , it will surely take some time to move up but keep an eye . Simple price action, no Jazz
SHORT TERM INVESTMENT VIEW IN #LT CUP & HANDEL BUY LT CMP @ 1500 ADD MORE ON ABOVE 1530 STOP LOSS - 1450 CLBS TARGET - 1560 1600 1650 1700 ++ TIME FRAME - 30 TO 45 DAYS
HERE WE CAN SEE PRICE IS IN UPTREND AND AFTR BREAKOUT OF OF DOUBLE BOTTO IT IS RETESTING NECKLINE OF DOUBLE BOTTOM IF IT WILL BREAK ABOVE THE UPPER TRENDLNE OF FLAGWE CAN ENTRE OR IF U WANT TO CAUGHT MOUMENTUM YOU WILL ENTRE AT BREAK OF HIGH/14 JUNE HIGH FOR SAFE AND SL IS SWING LOW OR FLAG LOW
L&T supply & demand zone marked. follow this enjoy the profits.
Looks 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...
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...