InsiderB

An Analysis : Larsen & Toubro LT

NSE_EOD:LT   LARSEN & TOUBRO INR2
LT             always one of the most preferred companies for long term investment.But as the investment scenario in India is weak and LT             also didnt look much attractive in current scenario to initiate long term position.

But with last weeks close happening in support region,dont expect any immediate bounce backs because Nifty             Index also struggling to break above 7500 over couple of weeks.There can be many outcomes from current levels,

1) Consolidation for next 3 month (till March)
2) Breakout above support if it post strong results beating expectations
3) A trend continuation down, if results are bad or not as expected


My Personal view is stay out and watch what happens in coming weeks until we get clear signal.
If you have any opinions / suggestions post it below

Give a thumps up for analysis which keeps me going & Share More :)

Plan well Before Investing....
Comment: I am not sure how many of you followed this analysis or actually traded it.

One of the examples about how to do Shortterm investments ( Keeping view on charts n considering future Macroeconomic scenarios like Results ).

As per our analysis we predicted two ways for LT to move in future 4 months before and LT was kind enough to follow the Method 1 (describe in our chart)

I hope you guys are enjoying some profits :)

We shud always feel humble by successful trades.
Thanks ,
Reply
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out