LT | Short | SwingLT is showing weakness as it rejects the Monthly R1 zone on the Daily time frame. There are evident Lower Highs being formed and the crucial neck line is broken. I've taken a short swing trade for target till 3700 zone which would be the next logical support.Shortby Sky_Tracer3
LnT: Building wealth?Seems it ready to go upwards, we want a confirmation in form of Weekly closing above 3964. Stock has been consolidating in a range since the start 2024, will this give us year end gift?Longby rks251954
LT READY TO SKY ROCKETLT has given a beautiful breakout today from the long standing Resistance level as marked on chart. With its well-established bullishness the stock is bound to go in for a long bull run. Targets can be open. Long Term Targets to be around 4500 level. Simple Price Action at its best. P.S. It has also given a breakout on the weekly TF, which is even more of a reason to buy the stock. Fundamentals look good too.Longby AlphaTradesTM118
Weekly Breakout There is a closing at the weekly high breakout possible Traget 1 = 4287 by ajaypal56570
Weekly Breakout There is a closing at the weekly high breakout possible Traget 1 = 4287 by ajaypal56571
LT Targets ₹3992! Hourly Swing Trade in Action!Larsen & Toubro (LT), on the 1-hour timeframe, has showcased a precise long trade setup using the Risological Swing Trading Indicator . With TP1 and TP2 already achieved, the trade now targets higher levels as momentum sustains. Key Levels: TP1: 3658.85 ✅ TP2: 3786.40 ✅ TP3: 3913.95 (Pending) TP4: 3992.75 (Pending) Technical Analysis: The price crossed the Risological Trend Line , giving a clear bullish entry signal at 3580.00, backed by strong market sentiment. The stop-loss was secured at 3516.25 to ensure a well-defined risk-reward ratio. The steady rise above the trend line and the achievement of initial targets highlight the reliability of the system. The trade remains bullish, with the price continuing to climb steadily toward TP3 and TP4, suggesting further upside potential.Longby ProfitsNinja1
LT LT has given +260% from 2016 to today 2024from 2016 to today 2024 LT has given +260% return including stock split (2:1) I also saw a fall of -43% from my buying price..thought of selling LT, however as a bluechip company , it hust hold it NOw,on Nov 2024 cmp : 3660 Invested: 64K Unrealised profit: 1.7 lac Longby financial_freedom_with_guna1
L&L S/R for 4/11/24Support and Resistance Levels: Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline. Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down. Breakouts: Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold. Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying. 20 EMA (Exponential Moving Average): Above 20 EMA(50 EMA): If the stock price is above the 20 EMA, it suggests a potential uptrend or bullish momentum. Below 20 EMA: If the stock price is below the 20 EMA, it indicates a potential downtrend or bearish momentum. Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set. Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward. Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop. RSI: RSI readings greater than the 70 level are overbought territory, and RSI readings lower than the 30 level are considered oversold territory. Combining RSI with Support and Resistance: Support Level: This is a price level where a stock tends to find buying interest, preventing it from falling further. If RSI is showing an oversold condition (below 30) and the price is near or at a strong support level, it could be a good buy signal. Resistance Level: This is a price level where a stock tends to find selling interest, preventing it from rising further. If RSI is showing an overbought condition (above 70) and the price is near or at a strong resistance level, it could be a signal to sell or short the asset. Disclaimer: I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions. by zenthosh1
LT BUYNSE:LT Weekly engulfing bull candle exactly plot near our parabolic location clearly indicates that now this stock will perform in near future. One resistance may face near all time high, but parabolic formation should work this time and may continue new and strong performance in 2025.Longby Chartstory_Jigar1
LT (ONLY PRICE ACTION)There are numerous indicators used in the market but one should be very clear with the lagging and leading indicator but acc to me the only king here is the price action as we can see in the LT how the support level provided the good liquidity and the more buyers got interested to buy and could have made easy 5-7% return Good entry at 3350by harshtripathi07182
Review and plan for 31st October 2024Nifty future and banknifty future analysis and intraday plan in kannada. Result analysis. This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post. please consult your financial advisor before taking any action. ----Vinaykumar hiremath, CMT08:56by vinaysh2
Larsen & Toubro Seem like stock have bottom out prices are making higher high higher low pattern 3431 strong support Above 3576 we may see prices are heading towards 3800-3900 levels (if manages to sustain above 3900 levels Observation (multiple times there have been rejection at 3800-3900 levels once the price close above we may see good rally Targets -3900/4300/4500 (Do your own research before you take any decision i am not a sebi registered person) Longby mandarlanjekar7113
Short term trade on LTNSE:LT A bullish pennant has been identified on LT. It is a pattern that appears after a strong upward price movement, which shows that the bullish trend is likely to continue. This pattern is characterised by a brief consolidation period, where the price moves within converging trendlines that form a small symmetrical triangle, resembling a pennant. Entry Point: Traders typically enter a long position when the price breaks above the upper trendline of the pennant with significant volume. This confirms the resumption of the bullish trend. Stop-Loss: A common stop-loss strategy is to place a stop below the lower trendline of the pennant or just below the recent consolidation low. This helps to manage risk if the breakout fails. Price Target : The price target for the bullish pennant is often estimated by adding the height of the flagpole to the breakout point. This gives an approximate target for the continuation of the upward move. Note - The information provided in this discussion about the bullish pennant chart pattern is for educational purposes only. Trading and investing in financial markets involve risk and may not be suitable for all individuals. Before making any investment or trading decisions, it is important to seek advice from a qualified financial advisor before entering into the trade. Longby WealthKraftUpdated 22
L&T S/RSupport and Resistance Levels: Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline. Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down. Breakouts: Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold. Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying. 20 EMA (Exponential Moving Average): Above 20 EMA(50 EMA): If the stock price is above the 20 EMA, it suggests a potential uptrend or bullish momentum. Below 20 EMA: If the stock price is below the 20 EMA, it indicates a potential downtrend or bearish momentum. Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set. Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward. Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop. RSI: RSI readings greater than the 70 level are overbought territory, and RSI readings lower than the 30 level are considered oversold territory. Combining RSI with Support and Resistance: Support Level: This is a price level where a stock tends to find buying interest, preventing it from falling further. If RSI is showing an oversold condition (below 30) and the price is near or at a strong support level, it could be a good buy signal. Resistance Level: This is a price level where a stock tends to find selling interest, preventing it from rising further. If RSI is showing an overbought condition (above 70) and the price is near or at a strong resistance level, it could be a signal to sell or short the asset. Disclaimer: I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions. by zenthosh2
Decoding the Final Wave: An Elliott Wave PerspectiveTechnical Analysis Using Elliott Wave Principles on example of Larsen & Toubro Ltd. (Hourly Time Frame) The analysis presented is purely for educational purposes, demonstrating the application of Elliott Wave Theory. It is not intended as trading or investment advice. Markets are unpredictable, and all analyses have a degree of uncertainty. Introduction to Elliott Wave Principles: Elliott Wave Theory is a powerful tool used by traders and analysts to decipher the underlying structure of market price movements. Developed by Ralph Nelson Elliott, this theory is based on the idea that market prices unfold in specific patterns known as "waves." These waves are driven by collective investor psychology, moving in predictable cycles of optimism and pessimism. The theory is broken down into two main phases: the impulsive phase, which moves in the direction of the main trend, and the corrective phase, which moves against it. Key principles to remember: 1. Wave Structure: An impulsive wave (motive wave) consists of five waves (1-2-3-4-5) in the direction of the trend. A corrective wave is composed of three waves (A-B-C) that move against the trend. 2. Wave Personality: Each wave within the Elliott Wave structure has distinct characteristics. For example, Wave 3 is often the strongest and longest, while Wave 5 tends to be a final push before a trend reversal. 3. Wave Relationships: Fibonacci ratios are frequently observed in wave relationships, providing potential price targets and retracement levels. 4. Validation and Invalidation Levels: These levels help in determining the accuracy of wave counts and projections. If price breaches the invalidation level, the wave count is reassessed. Current Elliott Wave Analysis on Larsen & Toubro Ltd. Upon analyzing the hourly chart of Larsen & Toubro Ltd., we can observe the following wave counts and structures: Wave Structure Overview: - The chart shows a complex corrective structure following a significant impulsive move. The price action seems to be in the final stages of a larger wave pattern. Wave Count Details: 1. Primary Count: - We are potentially in the 5th Wave (red) of the final (5)th Wave (blue) on the daily time frame. - The 5th wave, according to Elliott Wave Theory, often exhibits certain characteristics such as declining momentum, signaling the end of the trend. 2. Current Hourly Structure: - Wave (4) in Blue has been completed at the price level near 3175.05, marking it as the last corrective wave before the final impulsive wave. - The chart illustrates a five-wave sequence emerging from this level, indicative of the development of the 5th wave. - Within this structure, we can identify sub-waves: - Wave 1 peaked around 3720. - Wave 2 retraced back near 3460. - Wave 3 is anticipated to push towards higher levels, with Wave 4 and 5 completing the sequence. Wave 5 Characteristics and Projections: - Wave 5 Characteristics: [/i ] Typically, Wave 5 in a motive wave structure can be either strong and extended or show signs of divergence, where momentum indicators such as RSI or MACD might not confirm new highs. - Projection Target Levels: Based on Fibonacci extensions, potential targets for Wave 5 lie around 4141.30, 4352.60, and even possibly towards 4400.00. - Invalidation Level: If the price breaks below 3175.05, the wave count would be invalidated, necessitating a reassessment of the entire structure. Conclusion: The analysis indicates that Larsen & Toubro Ltd. is in the final stages of a larger wave pattern, specifically the 5th wave of an impulsive sequence. As this wave unfolds, it’s crucial to monitor the target and invalidation levels closely. This educational analysis serves to illustrate the application of Elliott Wave Theory, with no intention of providing trading advice. Always consider consulting with a financial advisor before making any investment decisions. I am not Sebi registered analyst. My studies are for educational purpose only. Please Consult your financial advisor before trading or investing. I am not responsible for any kinds of your profits and your losses. Most investors treat trading as a hobby because they have a full-time job doing something else. However, If you treat trading like a business, it will pay you like a business. If you treat like a hobby, hobbies don't pay, they cost you...! Hope this post is helpful to community Thanks RK💕 Disclaimer and Risk Warning. The analysis and discussion provided on in.tradingview.com is intended for educational purposes only and should not be relied upon for trading decisions. RK_Charts is not an investment adviser and the information provided here should not be taken as professional investment advice. Before buying or selling any investments, securities, or precious metals, it is recommended that you conduct your own due diligence. RK_Charts does not share in your profits and will not take responsibility for any losses you may incur. So Please Consult your financial advisor before trading or investing. Educationby RK_Chaarts6656
LARSEN & TOUBRO S/R for 22/7/24Support and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support. Support levels are represented by the green line and green shade, indicating areas where buying interest may emerge to prevent further price decline. Resistance levels are represented by the red line and red shade, indicating areas where selling pressure may arise to prevent further price increases. Traders often consider these levels as potential buying or selling opportunities. Breakouts: Breakouts occur when the price convincingly moves above a resistance level (red shade) or below a support level (green shade). A bullish breakout above resistance suggests the potential for further price increases, while a bearish breakout below support suggests the potential for further price declines. Traders pay attention to these breakout signals as they may indicate the start of a new trend or significant price movement. 20 EMA: The yellow line denotes 20 EMA, to interpret the 20 EMA, you need to compare it with the prevailing stock price. If the stock price is below the 20 EMA, it signals a possible downtrend. But if the stock price is above the 20 EMA, it signals a possible uptrend. Disclosure: I am not SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. It is important to consult with a qualified financial advisor before making any investment decisions. Tweets neither advice nor endorsement.by zenthosh4
Larsen & Toubro LtdBreakout Observed - Target given in Chart SL as per your apetite - Longterm play FUNDAMENTALS Market Cap ₹ 5,23,191 Cr. Current Price ₹ 3,806 High / Low ₹ 3,806 / 2,151 Stock P/E 41.3 Book Value ₹ 570 Dividend Yield 0.65 % ROCE 11.6 % ROE 11.7 % Face Value ₹ 2.00 Price to book value 6.62 Intrinsic Value ₹ 1,203 PEG Ratio 13.7 Price to Sales 2.46 Debt ₹ 1,22,109 Cr. Debt to equity 1.56 Int Coverage 3.16 Reserves ₹ 78,137 Cr. Promoter holding 0.00 % Pledged percentage 0.00 % EPS last year ₹ 74.5 Net CF ₹ 3,156 Cr. Price to Cash Flow 23.0 Free Cash Flow ₹ 18,984 Cr. OPM last year 14.7 % Return on assets 3.70 % Industry PE 37.2 Sales growth 19.4 % Longby madhu2811Updated 19
Larsen &Toubro Ltd.*L&T* P&F Formation on Yearly Basis. Price BreakOut Needed above Flag's upper price line. To be Watched. Strong Vol Consolidation. Continued Built-up required and to be Watched. RSI: 1H>D=W<M. All in Bullish Zone. EMSas: Widening Gaps amongst 20/ 50/ 100/ 200 levels on Monthly Basis. Infrastructure/ Defence Sector highly Positive. L&T being major player in both. *Trail SL with Upside " *Book Profit as per Risk Appetite* *Do your own research as well. This is an Opinion.* *_Happy Investing_*🤓Longby IdeasNeosagi3
Lt was going to breakout on up rady for it neck was going Disclaimer for everyone this only for education purpose only take action on your own risk and first educate ur self and invested in thatbLongby amair0203041
LTDisclaimer: Kind regards to all friends and members , Stock market investment is subject to 100% market risks. Our company is not a SEBI registered company. Please consult your financial advisor before investing. This is for learning and training purposes only. Market Traps administrators are not responsible for any financial gains or losses resulting from your decisions. You acknowledge that stock market investments are highly risky and that you understand the market risks involved. Hence any legal action is void. Longby Kaviarasu_Chandrasekar0
TRADE PLAN FOR LT FOR COMMING DAYSNow LT is going upside after making other demand zone. Big supply zone also stablished. Plan for buy upto current supply zone. I found three points for trade in safe zone. (minimum risk). But best trade will Long near by demand zone. Stoploss is closing base. Its my analysis and my planning which is sharing with you. See your own risk and reward and follow this chart if your mindset match with my analysis.Longby kmtgrafix6
LT - Will this weekly DZ HOLD or BREAK?LT has significantly corrected post election results. It is arriving strongly into a weekly DZ. Will the overall market support this weekly DZ or will it break?Longby VishalSubandh8
L&T Big Move L&T is on Big Move, Watch out Carefully , Long Run is Expected and Resistance is Given Support is at Current Level Only @ 3650Longby SureshandraBulls7