winnersgame

CONSOLIDATION BREAKOUT IN LTIM

Long
winnersgame Updated   
NSE:LTIM   LTIMINDTREE LTD
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

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