Breakout Observed - Target given in Chart
SL as per your apetite - Longterm play
FUNDAMENTALS
Market Cap
₹ 5,23,191 Cr.
Current Price
₹ 3,806
High / Low
₹ 3,806 / 2,151
Stock P/E
41.3
Book Value
₹ 570
Dividend Yield
0.65 %
ROCE
11.6 %
ROE
11.7 %
Face Value
₹ 2.00
Price to book value
6.62
Intrinsic Value
₹ 1,203
PEG Ratio
13.7
Price to...
Cup & Handle Breakout .
Good for Short term.
Target 3900,4100.
Do Like ,Comment , Follow for regular Updates...
Disclaimer : This is not a Buy or Sell recommendation. I am not SEBI Registered. Please consult your financial advisor before making any investments . This is for Educational purpose only.
Hello traders,
Let's explore an exciting opportunity today! 🌟 This stock has recently formed a double bottom pattern and surged upwards, consistently breaking previous highs. 🔄 Currently testing its recent peak, there's potential for a pullback before further upside.
Options traders, consider buying 3500 call options in march expiry for optimal leverage....
LT appears to have formed a cup and handle pattern with bullish breakout. However there were some selling during end of the day. Though volume was above average, selling at the end of the day is a worry. Risk reward is around 1:1.7.
Disclaimer: I am not a SEBI registered consultant. This is not a buying or selling recommendation. Please consult your financial...
On 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...
6/11 - 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&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...
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...
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.
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...
