#LARSEN AND TOUBRO SUPPLY ZONEExplore key supply zones for Larsen and Toubro (L&T) with detailed technical analysis. These zones act as potential resistance levels where price reversals or pullbacks are likely, providing strategic entry and exit points for traders. Perfect for swing trading, breakout strategies, and risk management.
LS_TB trade ideas
Larsen & Toubro Ltd. | Strong Support Zone & RSI Breakout AlertLarsen & Toubro Ltd. | Strong Support Zone & RSI Breakout Alert 🚀
Price is testing a strong demand zone, showing signs of reversal. RSI is approaching the 52 resistance level—if it breaks above, momentum could shift bullish! 📈
A good risk-reward setup for buyers if the support holds. Watching for confirmation! 🔍
Disclaimer:
This is not financial advice. Please do your own research or consult with a financial advisor before making any investment decisions. Investments in stocks can be risky and may result in loss of capital.
#LT Supply ZoneA LT Supply Zone (Long-Term Supply Zone) in trading refers to a significant price level on a chart where sellers have previously overwhelmed buyers, leading to a strong downward price movement. These zones are identified by areas where price has made a sharp drop after a period of consolidation, indicating a concentration of selling pressure. Traders often watch these zones for potential reversals or breakouts, as they can act as key resistance levels in the future. The concept is commonly used in supply and demand trading strategies.
LT | LONG REVERSAL | SWINGLT is showing signs of Reversal on the Hourly chart from the lows.
While this is not a trend change, hence long position needs to be built up only on a short term basis.
Target expected within a week or two - 3400.
Overall long term trend still remains bearish with scope of further correction.
L&T (Larsen & Toubro) – Critical Support Test! **⚠️ L&T (Larsen & Toubro) – Critical Support Test! 🚨**
🔍 **Range-Bound, But For How Long?**
L&T has been stuck inside a **broad consolidation zone** between **₹3,237 (support)** and **₹3,887 (resistance)** for months. Now, price action is testing the lower boundary – a **break below this could trigger a sharp fall!**
📉 **Why This Support is Crucial?**
✅ **Multiple Tests of ₹3,237 – Buyers Holding, But Pressure Building**
✅ **Trading Below 44-SMA (₹3,865) – Bearish Bias Growing**
✅ **Breakdown Below ₹3,237 Could Lead to ₹3,000 or Lower**
📊 **Key Levels to Watch:**
🔹 **Resistance:** ₹3,865 - ₹3,887 (Upper Box Limit)
🔹 **Support:** ₹3,237 (Lower Box Limit) – Break Could Accelerate Selling
💡 **Trading Plan:**
🔻 **Failure to Hold ₹3,237 → Bearish Breakdown**
🔻 **Reversal with Strong Bounce → Possible Move Back to ₹3,600+**
🔻 **Watch Volume & Price Action for Confirmation**
⚠ **BIG MOVE COMING – Will Support Hold or Break?** 🔥👀
Larsen & Toubro Ltd. (NSE: L&T) - Technical Analysis📅 Date: February 04, 2025
🔎 Timeframe: Daily Chart
Market Overview
Larsen & Toubro Ltd. has shown a strong bullish momentum today, closing at 3,439.15, marking a +4.56% gain. The price broke above previous resistance levels, accompanied by a notable increase in trading volume. This indicates heightened investor interest.
📌 Market Snapshot
🔹 Change: +150.65 points (+4.56%)
🔹 Volume: 4.74M (Above 20-day avg: 2.53M)
🔹 Candlestick Pattern: Strong Bullish Candle Formation
✅ Key Levels Analysis
Support Levels
Support 1: 3,347.93 – A key level that was tested and breached today.
Support 2: 3,256.72 – A significant level for buyers to observe in case of retracement.
Support 3: 3,206.18 – Strong demand expected if the stock retraces to this level.
The stock recently bounced from the Bottom Range (3,262.55), validating a strong support zone.
Resistance Levels
Resistance 1: 3,489.68 – The closest resistance level; a breakthrough could signal further upside.
Resistance 2: 3,540.22 – Another level where selling pressure might emerge.
Resistance 3: 3,631.43 – Major resistance that could confirm the uptrend if broken.
✅ Volume Analysis
The trading volume today stands at 4.74M, a significant increase compared to the 20-day moving average of 2.53M. This volume spike suggests strong market participation, potentially indicating institutional buying or a short-covering rally.
Larsen & Toubro (L&T) - Potential Breakout?
The chart shows L&T consolidating within a descending trendline. A break above this trendline could signal a bullish breakout.
Key Levels:
Resistance: Trendline, 3,490
Support: 3,400
Stop Loss: Hourly Close below 3,367
Potential Targets:
First Target: 3,673 - 3,709
Second Target: 3,845
Disclaimer: This is for educational purposes only and not financial advice.
What are your thoughts on L&T?
#L&T #LarsenAndToubro #NSE #StockMarket #Trading #TechnicalAnalysis #Breakout
Please note: This analysis is based on the provided chart and current market conditions. Market dynamics can change rapidly, so it's crucial to conduct your own due diligence and risk management before making any trading decisions.
L&T 2 targets 1 month time frame Lets Develop with Growth Financial Performance
Revenue Growth: For FY 2023-24, L&T reported a revenue of ₹1,85,000 crore, marking a 15% year-over-year increase.
Profitability: The company achieved an EBITDA of ₹25,000 crore (+18% YoY) and a net profit of ₹12,500 crore (+20% YoY), with an operating margin of 13.5%.
Return on Equity (RoE): L&T's RoE stands at 16.8%, indicating efficient capital utilization.
Valuation Metrics: L&T trades at a P/E ratio of 22x (FY25E), which is below its historical average, suggesting potential for price appreciation.
Trade Setup and Exit Strategy
Current Market Position
Current Market Price: ₹3,440 (as of January 29, 2025)
Target Price: ₹4,100 (19% upside potential)
Trade Setup
Entry Point: If not already invested, consider entering at or below the current market price of ₹3,440, given the potential upside and strong fundamentals.
Stop-Loss: Set a stop-loss at around ₹3,200 to limit downside risk, considering the bear case scenario outlined in the report.
Exit Strategy
Target Exit: Aim to exit at or near the target price of ₹4,100 by the end of February, assuming the stock reaches this level.
Monitoring: Regularly monitor market conditions, company announcements, and sector developments that could impact L&T's stock price.
Adjustments: Be prepared to adjust the exit strategy based on market volatility, macroeconomic factors, or significant news affecting L&T or the broader market.
L&T on the runLarsen & Toubro Limited (L&T) is a prominent Indian multinational engaged in technology, engineering, construction, manufacturing, and financial services. As of January 10, 2025, its stock price on the National Stock Exchange of India (NSE: LT) was ₹3,536.15, with a 52-week range between ₹3,175.05 and ₹3,963.50.
In recent trading sessions, L&T's stock has exhibited mixed performance. On January 15, 2025, the stock rose by 1.03% to ₹3,501.15, outperforming the BSE SENSEX Index, which increased by 0.29% to 76,724.08. However, it remained below its 52-week high of ₹3,963.00, set on December 10, 2024
Profitability:
1) Revenue Growth: In the fiscal year ending March 31, 2024, L&T reported consolidated revenues of ₹221,113 crore, marking a 21% year-over-year increase.
2) Net Profit: The company achieved a consolidated profit after tax (PAT) of ₹13,059 crore for the same period, reflecting a 25% growth compared to the previous year.
3) EBITDA Margins: L&T's EBITDA margins vary across its business segments. For instance, the Energy Projects segment reported an EBITDA margin of 10.0% for the year ended March 31, 2024, an improvement from 9.1% in the previous year.
L&T INDIA | LARSEN & TOUBRO
Financial Health:
1)Order Inflow: The company secured orders worth ₹302,812 crore during the year ended March 31, 2024, registering a robust year-over-year growth of 31%.
2)Debt Levels: As of March 31, 2024, L&T's total debt stood at ₹1,05,000 crore, with a debt-to-equity ratio of 1.5, indicating a moderate level of leverage.
3) Credit Rating: Fitch Ratings has acknowledged L&T's steady margins, supported by adequate risk management and diversification into stable sectors.
Recent Developments:
In October 2024, L&T reported a 5% rise in its second-quarter profit, reaching ₹33.95 billion, driven by the faster execution of previously commissioned projects.
The company maintained its full-year order growth forecast, reflecting confidence in its business outlook.
Overall, L&T demonstrates strong profitability and maintains a healthy financial position, supported by consistent revenue growth, effective cost management, and a robust order book. However, it's essential to consider market dynamics and sector-specific challenges when evaluating the company's future performance.
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.
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.
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
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.
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 3350
Review and plan for 31st October 2024Nifty future and banknifty future analysis and intraday plan in kannada.
Result analysis.
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please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT