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Technicals for Larsen & Toubro Limited
By MusingTheNews
2025-06-13 20:44
Overall Technical outlook
Price Summary
Larsen & Toubro Limited's shares climbed 2.46% today, reflecting a outstanding day on the market. On 2025-06-13, Larsen & Toubro Limited's stock started at 3501.2, soared to 3596.0, dropped to 3485.9, and finished the day 2.46% up at 3587.4, with a trading volume of 1981152 shares. In the last 52 weeks, the stock's top price was 3947.3 and the bottom price was 3054.15. LT's future price is expected to lie between 2900.0 and 4550.0, with an average expectation of 3972.8484, as per the recommendations of 33 analysts.
Technicals
Support and Resistance: The price for LT is 3587.4, with support at 3541.1 and resistance at 3629.85. This suggests a range where 3541.1 acts as a base, preventing declines, and 3629.85 caps gains, defining key trading levels. Support/Resistance for LT
Aroon: The AROON indicator is pointing to a strong bearish trend, with Aroon Down increasing and the Aroon Oscillator staying low. This suggests that the downward trend is likely to continue, signaling ongoing bearish momentum. The steady low level of the Aroon Oscillator indicates further weakness. Aroon chart for Larsen & Toubro Limited
Bol. Bands: In the most recent move, the price has crossed above the lower Bollinger Band, after previously being below it. This upward shift may indicate a recovery from oversold conditions for LT, suggesting that the market could be transitioning out of its bearish phase. The crossover could be a sign of a potential trend reversal or a slowdown in the downward momentum. Bolinger Bands chart for Larsen & Toubro Limited
Parabolic SAR: The PSAR maintains its bearish outlook, setting a resistance level that could act as a ceiling for upward momentum. This ongoing bearish trend suggests that the market may struggle to overcome this resistance, keeping prices subdued. Parabolic Stop and Reverse chart for Larsen & Toubro Limited
Stochastic: The STOCHASTIC 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. Stochastic chart for Larsen & Toubro Limited
Tripple Moving Agerage: The alignment of the 20, 50, and 100 moving averages suggests a bearish trend, but the weakening slopes of the 20 and 50 SMAs hint at a potential shift. This wavering could indicate that the bearish momentum is slowing down, possibly leading to a reversal towards bullish price action. Investors should watch for signs of a trend change as the market might be gearing up for a new upward move. Tripple SMA chart for Larsen & Toubro Limited
To accurately interpret a company's technical data, it is important to first examine its fundamentals. These include financial performance, management quality, and growth prospects. In addition, understanding the dynamics of the industry in which the company operates—such as competition, market trends, and regulatory factors—provides further insights. This combined analysis helps create a fuller picture, allowing for more precise conclusions to be drawn from the company's technical performance and stock behavior.
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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