LARSEN & TOUBRO LTD.Short
Larsen & Toubro showing bearish divergence in Weekly and Monthly
-The Stock seems to lost its bullish momentum with bearish divergences(RSI) in weekly and monthly timeframes.
-Prices seems to accumulate at the top with no or negligible bullish movement in last 5 months(No strong bullish explosive candle in last 5 months).
-Inverted hammer in monthly with Evening star pattern in weekly indicating that stock may turn its trend to become bearish.
-Any follow up candle to evening star in weekly time frame can trigger entry for short trade(Futures).
-Looking to play Directional option strategies(Bearish) as this stock will not be strongly bullish(in short term) for sure.
-Breakout of last inverted green hammer in monthly will change my view about this stock.
-Prices seems to accumulate at the top with no or negligible bullish movement in last 5 months(No strong bullish explosive candle in last 5 months).
-Inverted hammer in monthly with Evening star pattern in weekly indicating that stock may turn its trend to become bearish.
-Any follow up candle to evening star in weekly time frame can trigger entry for short trade(Futures).
-Looking to play Directional option strategies(Bearish) as this stock will not be strongly bullish(in short term) for sure.
-Breakout of last inverted green hammer in monthly will change my view about this stock.
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.