The engineering behemoth is not doing much for last six month. Now price is at 200 DMA. Expect some consolidation to make decisive move.
BUY LT NEAR 1330 FOR SHORT TERM TARGET 1388
Stock is trading in channel. May touch a short term target of 1320. CMP: 1308 SL: 1302 Good risk reward ratio of 1:2 Target 1: 1320
After setting new high the stock is going swing down to 700 level zone.
L&T bullish Crossover on Daily & weekly charts strong volume today buy CMP 1172 Strong support @ 1100 Target 1260 above that logical target 1750 in next 6 - 9 Month
L&T bullish Crossover on Daily & weekly charts strong volume today buy CMP 1172 Strong support @ 1100 Target 1260 above that logical target 1750 in next 6 - 9 Month
DAILY FINANCIAL WISDOM: Amateur traders focus on rewards. Professional traders focus on risk..
DAILY FINANCIAL WISDOM: The most consistent strategy you'll ever trade is the one that makes you feel the most comfortable...
In this article I'm doing Elliott Wave Analysis of LT . As per the posted chart LT seems to have started the Wave 3 and currently seems to be have completed the lower degree Waves 1 and 2 , simply speaking we should be seeing a 3rd of the 3rd real soon if this analysis is correct. Currently 2 trading strategies can be employed : 1. Traders can buy on dips in...
DAILY FINANCIAL WISDOM: The search for the perfect trading system is one of the key sources of losing money...
Buy LT near 1454 with stop loss at 1420-1421 and target at 1515 with reward to risk ratio 2:1.
ENTRY POINT 14161 TGT 1484,1509 SL 1442.05