LTIMINDTREE LTDLong
LTIM: Post-Breakout Dive Nears Key Support Levels
Topic Statement: LTIM recently broke out above 6500 but faced a sharp dive during last week's market correction.
Key Points:
1. The stock's breakout over 6500 was reversed by a significant price crash during the market correction and the price has created a gap as it moved downwards.
2. Trading under the 180-day moving average signals oversold conditions.
3. Selling pressure may persist, with critical support levels marked on the chart.
Key Points:
1. The stock's breakout over 6500 was reversed by a significant price crash during the market correction and the price has created a gap as it moved downwards.
2. Trading under the 180-day moving average signals oversold conditions.
3. Selling pressure may persist, with critical support levels marked on the chart.
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