Larsen & Toubro is in the verge of breaking out of triangle pattern with good volumes on hourly charts. Could be bought here or on dips or above breakout level(2010) with mentioned stoploss & targets.
LT and IT tocks are accumulated for a long time and there is a chance of good movement in all the stocks.
It is at all time high level but for me Reistance zone 2060 support zone 1980
Larsen adn turbo is forming a flag and pole pattern. If it breaks out of the flag patter it can achieve next target shown in the picture. Be watchful of the support arund 1980 and Look to be in a good shape.
Dear traders, I have identified chart levels based on my analysis, major support & resistance levels. Please note that I am not a SEBI registered member. Information shared by me here for educational purpose only. Please don’t trust me or anyone for trading/investment purpose as it may lead to financial losses. Focus on learning, how to fish, trust on your own...
LT Buy for intraday trading if stock break the given resistence level..............
Larsen and tourbo 1 day chart in this it makes falling wedge pattern and gives breakout now it is trading
LARSEN Buy for intraday trading if stock break the given resistance level...............
LT closed above resistance with bullish engulfing on daily chart very strong. Good for swing trading and investment too. Fundamentally very strong company. Enter aroud 1610-15. Targets are 1670, 1850, 2000 or more. SL : 1430 on closing basis. Saptarish Trading
Lt given breakout at resistance level. If closes at day high.. Net target will be 2030 and 2070. This is for study purpose only
larsen made triangle pattern on 15 min chart & its not broken yet but i pre empt to buy as it ll breakout with good volumes. Could be bought with stoploss of 1952 & target of 2018 in a day or two.
NSE:LT BSE:LT Wave C started. avoid long positions. downside target 1450 to 1300 level.
Open this shooting star candle below and close this shooting star candle too much bearish trend B.caz above candle pattern is Bearish Engulfing candle . . . Pls wait tommorow
buy=1859.00 target=1897.40 stoploss=1833.10 higher high, higher low formation mumentum trade with small stoploss add more after crossing last swing high.
Refer figure for targets : ====================================== Good quarterly growth in the recent results Book Value per share Improving for last 2 years Strong Momentum: Price above short, medium and long term moving averages Outperformer - Larsen & Toubro up by 16.1% v/s NIFTY 50 up by 6.81% in last 1 month Bullish Momentum - Above Short, Medium and Long...
NSE:LT - Ready for correction LT - Soon Wave C will start...
L&T stock breakout the horizontal resistance with high volume . The stock has maintained the previous falling wedge chart pattern breakout continues, another opportunity after horizontal resistance breakout. SL- 1764 TP1- 1977 TP2- 2050