LT - Technical Analysis

Last Updated Time : 02 Aug 25, 12:58 am

Technical Rating: 3.3

Here’s a detailed technical analysis of Larsen & Toubro Ltd (LT) based on current indicators and price behavior

📊 Trend Overview

Current Trend: Neutral to Bearish

Price Action: Trading below 50 DMA (₹3,533) and right at 200 DMA (₹3,495) — suggests weakening trend and possible support test.

52W Index (53.1%): Price is midway between its 52-week high (₹3,964) and low (₹2,965), indicating a lack of strong directional bias.

📈 Momentum Indicators

RSI (45.8): Neutral to slightly bearish — hovering below 50, showing limited buying strength.

MACD (-37.0): Negative — confirms bearish momentum and lack of upward drive.

Volume: Above 1-week average — suggests active participation, possibly due to institutional moves.

📉 Volatility & Bands

Bollinger Bands: Price likely near lower band — signals oversold conditions but not a confirmed reversal.

Volatility: Moderate — price swings are present but not extreme.

📌 Support & Resistance Zones

Level Price (₹)

Immediate Support 3,470–3,495 (near 200 DMA)

Strong Support 3,400–3,420

Resistance 1 3,533 (50 DMA)

Resistance 2 3,600–3,650

Resistance 3 3,750–3,800

🎯 Entry & Exit Zones

Optimal Entry: ₹3,470–₹3,495 (if price holds above 200 DMA)

Exit / Profit Booking: ₹3,600–₹3,750 (if price rebounds toward resistance)

🔍 Short-Term Signals

Momentum: Weak — RSI and MACD both suggest bearish undertone.

Trendline: Price testing long-term support — critical zone for trend confirmation.

Consolidation: Likely between ₹3,470–₹3,533 before next move.

Would you like to compare LT with other capital goods or infra stocks showing stronger technical setups? I can help you spot breakout candidates or reversal plays. 🏗️📈

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