Observations:: -------->> the stock is consolidation for more than a week, and today showing large sell off, and now price is @ demand zones, keep track this levels 2250 or 2200. -------->> We have strong buy ness is observed in these levels, look for buying at these levels.
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...
There is a formation of the Shark pattern on the daily chart of the Larsen & turbo. The first Potential Reversal Zone of the pattern is at 1625-1636. The second PRZ stands at 1550-1560 Keep an eye on price action around these levels for catching a reversal or pullback trade. Weekly support of the stock also coincides with this pattern, making it an...
Short LARSEN & TOUBRO a monthly chart show it will in the trend line and it will respect the trend line so there was a shorting opportunity
Looks Bullish All the key levels are mentioned in chart with Stop-loss and Targets Macd in daily is positive and Uptick and also above zero line Macd in hourly is positive and Uptick and also above zero line Bollinger Adx and Dmi are positive RSI in daily above 60 with Uptick RSI in hourly above 60 Key Levels Disclaimer I am not sebi registered...
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 on daily chart, making a Morning star pattern near trend line support, Go long at 869. Put strict Stop loss of 834, for Positional Targets of 1024-1269.
My view will be on buy side above the support level 945 .. if not broken then i will not trade since it will be in no trade zone ... view on 15 - 45 min and 1 hourly is negative .. I think there will be massive resistance to downside at-least till 915 ... after that look for sell
L&T - GO LONG @ 788 WITH A SL OF 751 AND A TARGET OF 918. TARGET SHOULD BE ACHIEVED BY 2ND JUNE 2020
ONE MORE FLAG AND POLE PATTERN
due to reliance fomo it came down for support and if monday market makes movement and send this stock above 1340 than it will be a good recovery of this stock Head and Shoulder : it can go higher from this point if close above 1340 weekly trend line is there to push the upward button