LTF Forming Inverted H&SLTF has formed inverted H&S pattern and has confirmed breakout
With this it will have following targets
168 / 175 / 180
LTF trade ideas
l&t- this will finance my expenses !!! 2X!!Key Observations:
Chart Patterns:
A cup-and-handle formation is visible, indicating a bullish continuation pattern.
A wave structure (likely Elliott Wave) is drawn, showing a Wave 5 target at 259.50 INR.
Support & Resistance:
Support Zone: 125-135 INR (marked as a buying opportunity).
Stop Loss (SL): 111 INR.
Resistance Levels:
164.05 INR (1.618 Fibonacci level).
188.77 - 198.90 INR (previous highs).
259.50 INR (projected Wave 5 target).
Fibonacci Levels:
0.5 Retracement: 125.12 INR (aligns with the buy zone).
0.382 Retracement: 141.11 INR (potential resistance).
1.618 Extension: 164.05 INR (breakout level).
Indicators:
RSI (Relative Strength Index): 49.39, indicating neutral momentum.
RSI-Based Moving Average: 62.65, showing a previous uptrend losing strength.
Conclusion:
The chart suggests a bullish long-term outlook, with a buying opportunity in the 125-135 INR range.
A break above 164 INR could confirm the next bullish wave.
The RSI is neutral, meaning the stock could consolidate before making the next move.
L&T FINANCE: 20DEMA Positive crossoverL&T FINANCE : Has given positive 20DEMA Crossover above 50 DEMA in daily chart.
Bullish candle formation suggests its likely to breach its neckline resistance at 150 and test 160-165 band(For educational purpose only)
LTF -- FINANCEon 3 H TF, it looks like correction on 3 H time frame has been completed. Now, Its time for impulse...
L& T fin looking good for up side L& T fin looking good for up side as trading in near price reversal zone ..
LTFi Observed these Levels based on Price Action and Demand & Supply which is my own Concept "PENDAM CONCEPTS"... Please don't take any trades based on this chart/post... Because this chart is for educational purpose only not for Buy or Sell Recommendation... Thank Q
LTF at Monthly SupportL&T Finance@138 is at strong Monthly Support.
Financials can do better in next quarter.
Structure seems interesting.
Please consult your financial advisor before investing.
L&T Finance - Strong Support Zone Swing Trade SetupL&T Finance has reached a key support zone around the 140-145 range , which has been tested several times in the past (indicated by the blue arrows). This zone has consistently held up, with strong rebounds, signaling significant buying interest.
Support Zone: 140-145 range
Current Price: 150.40
Entry Strategy: I’ll be watching for a bullish or green daily candle forming near the support zone. Once that candle is established, I’ll look for a 15-minute candle to break above the high of the daily candle. Once that happens, the entry will be confirmed.
If the support holds and we get a bullish daily candle, followed by a 15-minute breakout, this could be a strong setup for a reversal. The volume spike seen here also adds confidence that buyers may be stepping back in at these levels.
Disclaimer: This post is for educational purposes only and not financial advice. Always do your own research and manage your risk responsibly.
A look at L and T finance Interest rate cut news are buzzinf
Stock is giving trendline breakout
Also giving 50 EMA breakout (wait for restest)
Taret could be 190, 200 for swing
for positional 280
SL for swin 168
iTs not buy/sell advise . Educational purpose only
LTF LONGLTF
MTF Analysis
LTF Corp Yearly Breakout 166
LTF Corp 6 Month Demand Breakout 166
LTF Corp Qtrly Demand BUFL 179
LTF Corp Monthly Demand 175
LTF Corp Weekly bufl 157
LTF Corp Weekly bufl 169
LTF Corp dAILY bufl 175
LTF Corp dAILY DMIP 167
ENTRY 175
SL 170
RISK 5
Target 213
REWARD POINT 38
Last High 194
RR 7.60
RR 22%
LTF LTF Chart Analysis 16/09/24..........
Long : 175 lvl.
Sl : 163 Closing basis
Target : 194 / 215 / 225
Enjoy !
Reversal stock with pole and flag Price make a pole and flag pattern on daily time frame. It's good to buy at the leval of 165-166. If it break the leval of 170 than it will be given a upside move 10 to 15%.
buy at zone - swing / intradayENTRY
- lines marked below is potential reversal zone ( PRZ)
- entry is strictly inside the zone
- look for buying confirmation in smaller time frame ( 15 minutes preferred )
EXIT
1. target
- mark fib retracement from C to latest swing low
- TGT 1 - 0.236 fib level ( intraday tgt)
- TGT 2 - 0.382 fib level
- TGT 3 - 0.5 fib level ( preferred target )
2. SL
- candle close below (PRZ)
- if u didn't get confirmation inside the zone , ignore this pick
- if candle close is below zone , this pattern becomes invalid . IGNORE THIS PICK
- RE-ENTRY can be done , if u again get buying confirmation inside the zone
Trend changing to bullishShort term Target next fib level .
Any closing above level have chances to meet next level
LTF on the moveTargets on the charts. That red line is the resistance of the previous highest. Expect touching that levels or hit the normal chart pattern target DYOR
7 year breakout candidateOverview:
LTF is currently retesting its multi-year support level, which suggests a critical juncture for potential investors. The price range of 150-180 has been identified as a significant support zone where the stock has historically shown tendencies to reverse. If the stock manages to reverse and sustain above this level, it could present an opportunity for substantial gains, potentially 70% gain in value.
Technical Indicators (Monthly Chart):
1. **Support Level**:
- **Current Support Zone**: 150-180.
- The stock is retesting this multi-year support, which has previously acted as a strong foundation for price rebounds.
2. **Price Action**:
- The recent price action indicates that Rico is approaching its crucial support zone.
- A reversal from this zone could signal the end of the downtrend and the beginning of a new uptrend.
3. **Moving Averages**:
- **9, 21, 55, and 200-period EMAs**: The stock's price relative to these moving averages would provide further insights, but given the bullish outlook, it is likely positioned favorably or approaching a crossover that indicates a bullish trend.
4. **Supertrend**:
- The supertrend indicator is likely green or showing signs of turning green, indicating a favorable trend direction on the monthly chart.
5. **Relative Strength Index (RSI)**:
- The RSI on the monthly chart is above 50, indicating positive momentum and bullish sentiment. This suggests that the buying pressure is currently stronger than the selling pressure.
6. **Relative Strength (RS)**:
- The RS is above 0, which means Rico is outperforming the market, a bullish indicator that adds confidence to the stock's potential upward movement.
7. **Volume Analysis**:
- Increased trading volume during this retest phase would be a positive sign, indicating accumulation by investors at the support level.
#### Trading Strategy:
1. **Entry Point**:
- Look for a confirmed reversal signal within the 180-198 support zone, such as a bullish candlestick pattern (e.g., hammer, bullish engulfing) or a strong bounce with significant volume.
- Entering near the lower end of this range could maximize potential gains and minimize risk.
2. **Stop Loss**:
- Place a stop loss just below the 150 support level to protect against downside risk. This ensures that if the support does not hold, potential losses are limited.
3. **Target Levels**:
- **First Target**: Based on the 70% up potential, if the stock reverses and sustains, the long-term target could be approximately 350.
4. **Monitoring**:
- Continuously monitor the technical indicators and price action to ensure that the bullish thesis remains valid.
- Watch for any changes in market conditions or company-specific news that could impact the stock’s performance.
Disclaimer: The information provided in this analysis is for informational purposes only and should not be considered as financial advice. Investing in the stock market involves risks, including the loss of principal. Before making any investment decisions, it is recommended to conduct your own research and consult with a licensed financial advisor. The author does not guarantee any specific outcomes and is not responsible for any losses that may occur as a result of investing based on the information provided in this analysis.
L & T finance Buy :- 173
Trg :- 290
Sl :- 143
:- weekly time frame pe full volume ke sath brackout
:- more confirmation ke liye aap 200 ke price todne ka with kar shakte hai
:- buying side ek aachi opportunity mill Shakti hai
:- average me buying karna it's to good
:- stock ek lambe time ke baad brackout de raha hai
LTF TARGETS IN FUTURE WITH WAVELTF has rebounded from its low and is poised to reach the 240-250 level. However, due to the cycle of profit-taking and subsequent capital injections, the stock is showing signs of fatigue. In this state, it cannot advance to the 240-260 range without a retest. Presented here is the anticipated future trajectory of LTF in a wave pattern.
LTFthe weekly chart of the script shows corrective raise and fall for a prolonged period and exhibits some move from the channel pattern and wave counting that there is next move for c as shown in the chart.
