May 19, 2011

LARSEN & TUBRO LTD Weekly chart analysis

  • LT Weekly chart shows a bearish pattern.
  • Break and close below 1461 will favor the Bears for medium term.
  • But Week RSI is showing some divergence in favor of bulls. For this to work price should hold the support line and start to move up.
  • LIVE INTRADAY CHART FOR LARSEN & TOUBRO
By at

5 comments:

  1. failed to purchaseMay 19, 2011 at 2:30 PM

    helo sirji,

    congratulations for larsen and tubro call. after your suggestion it is going up. But sirji in the chart you given for l&t ,i have there are some doubt regarding RSI. Because in my software diversion is not created. I strongly believe in diversion theory. so please please say which software you are operating .My blogspot is :-http://sureindiansharemarket.blogspot.com/

    thanking you.

    hitul shingala
    ahmedabad-gujarat
    hitulshingala@gmail.com

    ReplyDelete
  2. SanMay 19, 2011 at 4:35 PM

    @hitul shingala
    I am using Chartnexus for EOD. It's a free software. They provide 3 years data.

    ReplyDelete
  3. DKGMay 19, 2011 at 6:02 PM

    Hi SAN,

    And what about real time (5, 15, 1 Hour Data & Charts)?

    Regards,
    Dinesh K

    ReplyDelete
  4. failed to purchaseMay 30, 2011 at 4:00 PM

    Thank you for giving reply. I am also using chartnexus for eod. It is very good software. Can you please tell me about intraday software ?

    ReplyDelete
  5. lalitlkFebruary 16, 2012 at 5:56 PM

    Hi San,

    Wud appreciate if you kindly share your views on L & T as at present (February 2012).....Thanks

    ReplyDelete

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