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Stock analysis Larsen & Toubro Limited LT

More indepth analysis on MunafaSutra.com

Moving Averages for Larsen & Toubro Limited

  • 5Day Average: 3578.56
  • 12Day Average: 3697.49
  • 20Day Average: 3676.88
  • 50Day Average: 3553.5
  • 100Day Average: 3496.97
  • 150Day Average: 3329.85
  • 200Day Average: 3150.41

LT Indicators & signals

Indicator MACD (12,26,9)

3642.47, 3640.05, 37.94
Indicator MACD is in positive zone

Indicator ADX (14)

26.95, 18.26, 31.73
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 50
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of LT Larsen & Toubro Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
19 Fri Apr 2024 3518.35 3472.40 to 3542.90 -0.92% 1.29 times
18 Thu Apr 2024 3550.95 3539.70 to 3617.65 0.21% 1.53 times
16 Tue Apr 2024 3543.45 3529.45 to 3598.15 -1.59% 1.07 times
15 Mon Apr 2024 3600.80 3586.20 to 3679.85 -2.13% 0.8 times
12 Fri Apr 2024 3679.25 3663.50 to 3802.10 -1.97% 1.6 times
10 Wed Apr 2024 3753.20 3750.10 to 3800.00 -0.85% 0.91 times
09 Tue Apr 2024 3785.25 3775.00 to 3827.95 -0.59% 0.93 times
08 Mon Apr 2024 3807.85 3743.10 to 3819.80 1.73% 0.51 times
05 Fri Apr 2024 3743.10 3716.25 to 3790.00 -1.44% 0.77 times
04 Thu Apr 2024 3797.85 3731.05 to 3819.75 0.41% 1.09 times
03 Wed Apr 2024 3782.45 3770.15 to 3799.70 -0.66% 0.79 times
02 Tue Apr 2024 3807.40 3771.25 to 3860.00 -0.8% 1.68 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 3535.2, but if it comes above 3535.2, then a intra day buy could be more profitable.
If you take a sell trade below 3535.2, then use 3535.2 as stoploss and 3399.2 as target. However if you take a buy trade in Larsen & Toubro Limited, then use 3535.2 as stoploss and 3648.51 as target.

More indepth analysis on MunafaSutra.com