CONSOLIDATION BREAKOUT IN LTIM

Updated
Buy LTIM (D) 5240, for 5700 and 6100. Add on dips till 5000 with stop at 4950 on weekly close. Stock ready to give breakout above 38.2% fibonacci levels and then will reach 50% and 62% eventually. Consolidation happening for last 12 months which shall give minimum 15% returns.
Both leading and lagging indicator MACD and EMA is indicating bullish momentum in LTIM
Trade closed: target reached
With good volatile swing LTIM tested high of 6400 mark. We are closing the trade manually
Chart Patternsconsolidation-breakoutFibonacci RetracementgoldencrossTechnical IndicatorsMoving Average Convergence / Divergence (MACD)

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