As we know Budget 2021 of INDIA has been there and its main focus is on the infrastructure. So, It may be good to have a Good Stock based on this in our watchlist. So, Let's come to the Point, Should you buy this Stock ? Let's See the Analysis first and then we'll conclude the Buy/Sell Call --> In the Chart we can see that the Rectangular Range is...
This analysis is done purely on basis of price action and chart patterns Analysis is done on Daily TF hence it may take few days to few weeks for price to reach the given target Stock is at good consolidation phase and it can be accumulated with small SL (1085-1090 range). Stock is fundamentally strong. The sector is having good push by govt policies and LT...
After looking at 3yo Chart, V -Shaped recovery went well 1200 is acting as Base Support still considering volatility in Market keeping safe SL of 1250 and Target of 1460. LT bagged Sufficeent Order to Support growth and rally towards 1460. My strategy would be to book 50% profit at 1460. If it sustain and markets sentiments are positive hold and add more for...
PLEASE buy LT above 1182.50 looks very good for delivery also and intraday
L&T has formed a bullish price action pattern called as flag and pole pattern. Generally after a sharp move market relaxes a bit and gathers some energy for going further in the same direction.
NSE:LT has made a new HH, if breaks and sustain above 940 then more upside. As per Option Chain 940 is a key resistance level. Short Covering (call option) has also seen at 920 level.
This analysis is purely based on price action and chart pattern. This is for short term swing/positional trading. Trade may take few days to a couple of weeks to reach its final target. Trade strategies are shared in image itself SL to be trailed according once entered in trade. *Take trade on your own risk & money management* Feel free to comment for any...
LT Found support around 950 & 50 Day Moving average supports on
Based on this chart this looks like a good candidate for breakout (unless it goes below the trend line, in which case it will be a breakdown). Let's wait for few days to find out if this is a correct understanding.
this is one of the most confusing zone for trader it can easily bounce above the trend line so it can be trap . don't short at the trend you can wait for retest of this zone and if rejected again than you can short the retest. for long we can not long the price above trend line ,we have horizontal resistance above and this is good confirmation for long
L&T - GO LONG @ 788 WITH A SL OF 751 AND A TARGET OF 918. TARGET SHOULD BE ACHIEVED BY 2ND JUNE 2020
Larsen & Turbo As you can see it can't break there resistance level at 830 and seen its fake break, now trading below their resistance level, You can short below Previous Candle Closing, Easy target 800: 785: 770, Sl Is closing high of the previous Candle at 850. Thanks
LT - GO LONG @ CMP WITH A SL OF 787 AND A TARGET OF 817