Short
Short on LTI
LTI looks week on the 1 hour time frame chart as there is formation of Descending Triangle formation which is a symbol of Bearish continuation . The stock RSI is also below 50 levels as well as the Candle has given closing below the 10 day MA which indicate that we may see some selling pressure in this stock . If the stock breaks its support lines then we may see the initials level of 5616.05
(for educational purpose )
(for educational purpose )
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.