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Larsen & Toubro Limited Shs Sponsored Global Depositary Receipt Repr 1 Sh Reg-SLarsen & Toubro Limited Shs Sponsored Global Depositary Receipt Repr 1 Sh Reg-SLarsen & Toubro Limited Shs Sponsored Global Depositary Receipt Repr 1 Sh Reg-S

Larsen & Toubro Limited Shs Sponsored Global Depositary Receipt Repr 1 Sh Reg-S

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Larsen&Toubro should be soon at the INR 4k markThe stock looking to move towards the INR 4000-4150 zone in wave "III" structure. The stock was previously in a Wave "I" structure between Oct end till Dec end. The correction to the wave I in the form of wave II was a mere 23.8% retracement of the first wave and lasted for a mere 3 days. This a reflection of strength in the stock. The stock is also the 5Th best performing stock in the Nifty 50 index in the Year 2023,and the same strength can be again witnesses in these shallow retracements. Wave i of III has already been spotted on the stock and now it looks to complete the rest of the Wave III towards the INR 4150 mark. On the downside INR 3400 is a crucial area and should be considered as "sl" for all sorts of longs initiated on the stock from here on.
NSE:LTLong
by neeraj_2_sharma
Larsen & Toubro - Ichimoku BreakoutStock Name - Larsen & Toubro Limited Ichimoku Cloud Setup : 1). Today's close is above the Conversion Line 2). Future Kumo is Turning Bullish 3). Chikou span is slanting upwards All these parameters are showing bullishness at Current Market Price and more bullishness AFTER crossing 3200 #This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market. #CloudTrading #IchimokuCloud #IchimokuFollowers #Ichimokuexpert I hope you all like my analysis. Please do share your thoughts into comment section. Please give a like, share & subscribe for daily analysis.
NSE:LTLong
by nikunjbhadja
LT--@Resistance Zone??A strong bullishness is observed from this stock from 3040 levels...if this is an exhaustion or initiation. Previously a strong fall is observed from the levels 3120 levels... now its again at resistance zone...if this move is initiated by buyers again this will break the resistance soon...if this is an exhaustion of buyers it will breaks the support at 3040.wait until it confirm its bullish or bearish then look for sell or buy..until keep in wait and watch mode...
NSE:LT
by IIT-Trader
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