Ending Diagonal LTTS - Might give 9-10% Bounce

May 12

Ending Diagonal LTTS - Might give 9-10% Bounce from current Levels

May 16

Note

LTTS has stated to move as per our analysis and has given ~5% move till 16th may. It can come down in ABC formation in zone 4415-4375 which could again be a good place for low risk high reward entry point

May 22

Note

Based on our analysis, the stock is trending upwards. As of May 22nd, it has gained ~6%. Let's see and wait for the first target of 10%

Jun 7

Note

LTTS is on the verge of reaching its initial goal of 4800. It appears that the broader IT industry has just embarked on its fifth wave journey, suggesting that IT stocks may outperform. It would be wise to consider taking some profits at this level, with the stop loss set above the cost. Additionally, we can trail it by utilizing higher lows or below the 50% Fibonacci level of the entire upward movement from the bottom.