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After the consolidation. L& T price has got a chance to prove to break new high to reach the next Resistance levels.
My previous idea still runs but to research purpose
As I promised to my followers I will be back in this L& T idea
Buy @ CMP (2719)
Stoploss - 2682
Target - i - 2774
ii- 2869
iii - 3117
I will update with next...
On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early...
LT for SHORT
This is only for information. we are not a Sebi registerd.
take it your own risk
we are here only for share my idea only.
we are not advicefor Spoon trading
this week it will show selling pressure
till 2766 selling pressure
its weekly shooting star candle
The Shooting Star Candlestick occurs when the opening price for a security is higher than the closing price and the positive fluctuation (the highest price for that day) is greater than twice the difference between the opening and closing figures. The lowest...
The 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.
In 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.
As 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.
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
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....
