LONG POSITION FOR LTTS . TARGET 4600
Updated
My 3rd analysis on LTTS
1. No internal issues , price corrected cause of external issues.
2. Around 40 percent low from 52 week high.
3. Buying opportunity for SWING TRADERS AND LONG TERM INVESTORS.
4. The price has formed a clear CUP nd HANDLE pattern , anear term breakout is expected
5. Breakout can push the price to a resistance level of 4600 and above.
1. No internal issues , price corrected cause of external issues.
2. Around 40 percent low from 52 week high.
3. Buying opportunity for SWING TRADERS AND LONG TERM INVESTORS.
4. The price has formed a clear CUP nd HANDLE pattern , anear term breakout is expected
5. Breakout can push the price to a resistance level of 4600 and above.
Trade closed manually
EXITED position at 3600 . so wanted to update. Switched position to LTI .
BOTH are good company but had spread positions in both .
Exited just cause of LTI upcoming result SEP quarter.
as Observed LTI , TCS INFOSYS ALL THESE companies show tremendous leap during Sep quarter result.
So Made a bigger larger position in single LTI rather than both .
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