pratik2358

LTIM Decoding the price action

NSE:LTIM   LTIMINDTREE LTD
The price action of LTIM suggests that it is in consolidation for a couple of months.
the supply and demand are now in a 10-12% range.
the script had attempted fake-outs in the past as well which failed at trendline resistance areas.
LTIM needs to give a close above this level for any decisive move
Failure to close above 4800 makes it a strong resistance zone
The counter holds the 4350-4320 support zone.

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