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Technicals for Larsen & Toubro Limited
By MusingTheNews
2025-05-30 20:45
Overall Technical outlook
Price Summary
On 2025-05-30, Larsen & Toubro Limited's stock began at 3655.3, peaked at 3695.0, declined to 3654.5, and ended the day 0.54% up at 3675.1, with 2571065 shares traded. Over the previous 52 weeks, the stock reached a high of 3947.3 and a low of 3054.15. As per recommendations from 33 analysts, LT's future price is expected to span between 2900.0 and 4550.0, with a mean price around 3972.8484.
Technicals
Support and Resistance: With the current price at 3675.1, support is found at 3629.85 and resistance at 3713.5. These levels indicate where buyers might step in at 3629.85, while sellers could limit gains at 3713.5, defining a trading boundary for Larsen & Toubro Limited. Support/Resistance for LT
Aroon: The Aroon indicator continues to show a bullish trend for Larsen & Toubro Limited, with Aroon Up holding at the 100 level. This suggests strong upward momentum, but the trend should be examined further using other indicators to confirm its strength and potential for continuation. Aroon chart for Larsen & Toubro Limited
Bol. Bands: The current reading of the BOLL BANDS is neutral, offering no clear signals for a movement in either direction. This suggests that the market may be in a holding pattern, with no dominant trend in place. Bolinger Bands chart for Larsen & Toubro Limited
Parabolic SAR: The PSAR continues its bullish outlook, establishing a support level that could help sustain the current upward trend. This level of support may act as a cushion against potential downturns, indicating continued strength in the market's bullish momentum for LT. Parabolic Stop and Reverse chart for Larsen & Toubro Limited
Stochastic: The stochastic indicator shows the K-line dropping below the D-line but staying above 80, indicating the possible start of a bearish price move. This setup may signal that the market's recent momentum is waning, which could result in a downturn. Traders should remain vigilant for additional signs of weakness for Larsen & Toubro Limited. Stochastic chart for Larsen & Toubro Limited
Tripple Moving Agerage: The Tripple MOVING AVG is currently neutral, showing no clear bias toward a rising or falling trend. This lack of directional clarity suggests that the market may be in a holding pattern, awaiting further developments. Tripple SMA chart for Larsen & Toubro Limited
To derive valuable insights from a company's technical performance, it is essential to first understand its fundamentals. This includes its financial health, business model, and market share. Equally important is the industry context, such as competition, consumer demand, and market trends. By examining these aspects together, investors can gain a more comprehensive view of how the company's stock behaves and whether it's aligned with its underlying value.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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