Stock analysis Larsen & Toubro Limited LT
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Recent prices of LT Larsen & Toubro Limited are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 03 Fri May 2024 | 3499.80 | 3488.45 to 3622.00 | -2.77% | 1.8 times |
| 02 Thu May 2024 | 3599.50 | 3576.05 to 3634.15 | 0.14% | 1.65 times |
| 30 Tue Apr 2024 | 3594.30 | 3584.05 to 3648.95 | -1.1% | 0.69 times |
| 29 Mon Apr 2024 | 3634.30 | 3605.20 to 3649.90 | 0.81% | 0.62 times |
| 26 Fri Apr 2024 | 3605.20 | 3585.00 to 3660.90 | -1.29% | 0.87 times |
| 25 Thu Apr 2024 | 3652.30 | 3611.60 to 3666.00 | 0.48% | 1.07 times |
| 24 Wed Apr 2024 | 3634.85 | 3601.10 to 3654.95 | 0.68% | 0.66 times |
| 23 Tue Apr 2024 | 3610.15 | 3588.00 to 3632.75 | -0.07% | 0.63 times |
| 22 Mon Apr 2024 | 3612.70 | 3540.95 to 3620.00 | 2.68% | 1.15 times |
| 19 Fri Apr 2024 | 3518.35 | 3472.40 to 3542.90 | -0.92% | 1.22 times |
| 18 Thu Apr 2024 | 3550.95 | 3539.70 to 3617.65 | 0.21% | 1.44 times |
| 16 Tue Apr 2024 | 3543.45 | 3529.45 to 3598.15 | -1.59% | 1.01 times |
Technical analysis forecast for Larsen & Toubro Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Larsen & Toubro Limited LT at this time. Stock is falling and might fall more.
It appears as if Larsen & Toubro Limited LT gave a large move recently.
Stock of Larsen & Toubro Limited (LT) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...
My analysis of Larsen & Toubro Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Larsen & Toubro Limited stays below 3524.1, but if it comes above 3524.1, then a intra day buy could be more profitable.
If you take a sell trade below 3524.1, then use 3524.1 as stoploss and 3411.1 as target. However if you take a buy trade in Larsen & Toubro Limited, then use 3524.1 as stoploss and 3618.3 as target.