LT trade ideas
Positional LT giving breakout againLT looks good for 1230 target. For SL it has a strong base around 1100. Adding the earlier chart for reference.
buy LT ABOVE 1182.50 SL 1174.90 TGT 1200PLEASE buy LT above 1182.50 looks very good for delivery also and intraday
L&T buy above 1178L&T breaking cup and handle pattern and also breaking previous resistance. Buy only above 1178 breakout.SL-1165 Target-1189 NSE:LT
Go for trade if open flat or almost flat and cross level Go for trade if open flat or almost flat and cross level
L&T Swing setupL&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.
Larsen & TerboPrice will Rise 1100 to 1300 in next 3-4 months.
Company has very good Financial Results & profit. With 45% of market share & 1.3 Trillion Rs. Projecs. Very hopeful....
Larsen & Turbo - L & T - LongL&T CMP - 947.75
Looking bullish in longer time frame. One can go for Intraday / Swing trade setup with the following entry, exit & targets
Buy at or above 953.50 / Stop Loss 944
Target 1 - 959
Target 2 - 964
Target 3 – 970 / 975
Disclaimer: This is my view and for educational purpose only.
LT - Elliott wave analysis - Sell on bounce LT - LT is in WXY correction, where Y wave is in progress. It dropped in wave A and possibly start correcting in B wave now. Sell near 955-70 zone with stop loss above 995.10 for target of C wave around 910-890.
Give thumbs up if you really like the trade idea.
LT - Sign of RevivalNSE: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.
LT 1:10 RR Long opportunity - 30% profitHas a lot of room for correction
Bounced from support zone.
Expected to touch resistance zone.
