The price action is improving. Clearing the channel would support a buy/long trade.
Larsen & Toubro Limited, abbreviated as L&T, is an Indian multinational conglomerate, with interests in industrial technology, heavy industry, engineering, construction, manufacturing, power, information technology, military and financial services. It is headquartered in Mumbai,...
Supply zone in confluence with Fibbo 61.8
Head and shoulder pattern at the top
Short around 3620 for a target of 3100 to grab pending buy order at
weekly demand zone.
Strict stop loss at 3670 as we are running against the trend
Nifty future and banknifty future analysis and intraday plan in kannada.
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LT can go up in wave 5, has correction wave ABC looks completed, but there can also be a further possibility complex correction WXY, but still stock looks good to buy in cash for short term, proper risk management is also imp. Which plays any crucial role while trading/investing.
After long time LT is near about demand zone as per my analysis but its trend is bearish so I am interested to sell this stock first. When price is situated between current demand zone than plan for buy. Found three trading points you can calculate your own risk and reward and go for this analysis.
The stock has made a perfect Head and Shoulders chart pattern, if it breaks its neck;ine and support zones then a downfall and good correction can be seen
LT was already bad with a head and shoulder (I told in one of my ideas. I will link it to this)but now there is also a rising wedge. I plotted everything on chart
L&T made a Head and shoulder pattern (Plotted on chart) Target is length of head stop is right shoulder as usual but sadly we can't hold a short position so i guess i will just watch :(
One of the successful trading opportunities found in the Larson & Toubro 15 Min chart recently.
while the market was in a good upper direction suddenly the price started to fall, at the same time the indicator showed a red sell signal to go for a short position.
Do not take any position based on the signal from any indicator, only if you've done some research...
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...
