L&T Finance Ltd Technical Momentum Shifts Amid Mixed Indicator Signals

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L&T Finance Ltd has experienced a nuanced shift in its technical momentum, moving from a bullish to a mildly bullish trend as of late December 2025. Despite a modest day decline of 0.66%, the stock’s technical indicators present a complex picture, with some metrics signalling caution while others suggest underlying strength. This article analyses the recent technical parameter changes, key momentum indicators, and the stock’s performance relative to the broader market.



Technical Trend Overview and Price Movement


As of 30 Dec 2025, L&T Finance Ltd’s share price closed at ₹299.25, down from the previous close of ₹301.25. The stock traded within a narrow intraday range, hitting a high of ₹303.40 and a low of ₹299.20. The 52-week high stands at ₹315.25, while the 52-week low is ₹129.15, indicating a substantial appreciation over the past year.


The technical trend has shifted from bullish to mildly bullish, reflecting a tempering of the earlier strong upward momentum. This shift is corroborated by a mixed set of technical indicators across different timeframes, suggesting that while the stock retains some upside potential, investors should remain cautious amid emerging bearish signals.



MACD and Momentum Indicators Signal Divergence


The Moving Average Convergence Divergence (MACD) indicator presents a contrasting outlook depending on the timeframe. On a weekly basis, the MACD is mildly bearish, indicating a potential slowdown in upward momentum or a short-term correction phase. Conversely, the monthly MACD remains bullish, signalling that the longer-term trend is still intact and positive.


This divergence between weekly and monthly MACD readings suggests that while short-term traders might face some headwinds, long-term investors could still find value in holding the stock, provided the broader market conditions remain favourable.



RSI Reflects Overbought Conditions and Bearish Pressure


The Relative Strength Index (RSI) is bearish on both weekly and monthly charts, indicating that the stock is experiencing selling pressure and may be entering an overbought territory correction. A bearish RSI typically implies weakening momentum and potential for further downside or consolidation in the near term.


Given the RSI readings, investors should be wary of potential pullbacks and monitor for any signs of reversal or stabilisation before committing additional capital.



Moving Averages and Bollinger Bands Indicate Mixed Signals


Daily moving averages remain bullish, suggesting that the short-term price trend is still upward. This is a positive sign for traders looking for entry points on dips. Meanwhile, Bollinger Bands on both weekly and monthly charts are mildly bullish, indicating moderate volatility with a slight upward bias.


The combination of bullish daily moving averages and mildly bullish Bollinger Bands suggests that the stock is maintaining a degree of technical support, even as some momentum indicators weaken.




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Additional Technical Indicators: KST, Dow Theory, and OBV


The Know Sure Thing (KST) indicator is mildly bearish on a weekly basis but bullish on the monthly chart, mirroring the MACD’s mixed signals. This suggests that short-term momentum may be weakening, but the longer-term trend remains constructive.


According to Dow Theory, the weekly trend is mildly bullish, while the monthly trend shows no clear direction. This lack of a definitive monthly trend may reflect market indecision or consolidation phases, warranting close observation for breakout or breakdown signals.


On-Balance Volume (OBV) shows no clear trend on either weekly or monthly charts, indicating that volume is not currently confirming price movements. This absence of volume confirmation could imply that recent price changes lack strong conviction from market participants.



Comparative Performance: L&T Finance Ltd vs Sensex


Over the past week, L&T Finance Ltd’s stock has declined by 1.30%, slightly underperforming the Sensex’s 1.02% fall. The one-month return is more pronouncedly negative at -4.10%, compared to the Sensex’s -1.18%. However, the stock’s year-to-date (YTD) return is an impressive 120.69%, vastly outperforming the Sensex’s 8.39% gain.


Looking further back, the stock has delivered a 116.93% return over the last year, compared to the Sensex’s 7.62%. Over three, five, and ten-year periods, L&T Finance Ltd has outpaced the benchmark significantly, with returns of 249.59%, 218.52%, and 354.79% respectively, against the Sensex’s 38.54%, 77.88%, and 224.76%.


This long-term outperformance underscores the company’s strong growth trajectory and resilience, despite recent technical fluctuations.



Mojo Score and Rating Update


MarketsMOJO has upgraded L&T Finance Ltd’s Mojo Grade from Sell to Hold as of 14 May 2025, reflecting an improved outlook based on recent data and technical assessments. The current Mojo Score stands at 60.0, indicating moderate confidence in the stock’s prospects. The Market Cap Grade is 2, suggesting a mid-cap valuation tier.


This rating upgrade aligns with the mixed technical signals, suggesting that while the stock is no longer a sell, investors should adopt a cautious stance and monitor developments closely.




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Investor Implications and Outlook


The technical momentum shift in L&T Finance Ltd suggests a period of consolidation or mild correction may be underway. The mildly bullish trend, supported by daily moving averages and monthly MACD, offers some reassurance for investors with a medium to long-term horizon.


However, bearish RSI readings and weekly MACD caution against aggressive buying in the short term. The lack of volume confirmation via OBV and mixed Dow Theory signals further emphasise the need for prudence.


Investors should watch for a sustained break above the recent 52-week high of ₹315.25 to confirm a resumption of strong bullish momentum. Conversely, a drop below key support levels near ₹290 could signal deeper correction risks.


Given the stock’s strong historical outperformance relative to the Sensex, it remains an attractive candidate for investors seeking exposure to the NBFC sector, provided they manage risk carefully and monitor technical developments closely.



Summary


L&T Finance Ltd’s technical indicators reveal a nuanced momentum shift with mixed signals across timeframes. While the monthly outlook remains bullish, weekly and short-term indicators suggest caution. The stock’s impressive long-term returns and recent Mojo Grade upgrade to Hold reflect underlying strength, but investors should remain vigilant amid potential short-term volatility.


Overall, L&T Finance Ltd presents a balanced risk-reward profile, suitable for investors with a moderate risk appetite and a focus on medium to long-term gains.






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