LTI - already broke the ascending triangle - where will it go?LTI _FSP
LTI has already broken the ascending triangle and the W formation is also in completion. will the price give a break out or will the price will come back down again? what are your thoughts?
let me know in comments
LTI
LTI (Daily) - Head & Shoulders Chart Pattern Larsen & Toubro Infotech (LTI) - Daily
Chart Pattern - Head & Shoulders
Current Market Price* - 6613
(*at the closing on the date of posting this chart pattern idea)
Target 1 - 6268
Target 2 - 5666
Price has entered the 4th wave in the daily timeframe as per the Elliott wave count
-DI is above the +DI and the ADX is above 15 in the Directional Movement Index (DMI)
On the weekly tide too, all indicators / oscillators are favoring shorting
Swing TrendStock clearly seen that took support on 20 moving average and recently breakout of 16 day consolidation period.
You can buy current level.
Target :6306
Sl :5624 Or if you can see red candle closing below 20 ma.
LTI Daily Time Frame AnalysisLTI Daily Time Frame Analysis
Good Stock for short term and long term
Strong Supports at 4500 and 5500 zones
Strongly Bullish Stocks
Resistance at 6500 zone
Expecting a good rally above ATH
*just my views not an investment advice*
retest done(swing trade)can buy now with target given and stoploss according to your risk taking capacity.
thank you.
LARSEN & TOUBRO INFOTECHA Breakout has happened in LTI . We can expect a huge buying pressure in this stock in the coming weeks . Hope , LTI will create great returns for it's investors .
Lti good short candidateTime cycle and price range measured move indicate the uptrend is matured
indicators are also at historic levels
waiting for strong bearish reversal candle on daily time frame,,
will short this counter with latest peak levels as stoploss once i get confirmation
good short candidate if gives reversal confirmation
LTI will run nowLTI has broken out of downward ratio channel on weekly time frame
Also it has taken support near the rising trend line
Similar pattern of LTi breaking out of downward channel can be observed in previous weeks as highlighted
Lti good short candidateLti spot cmp 4800
Bearish butterfly pattern formation
Bearish wolfwave formation
Bearish divergence on RSI
Bearish Divergence on Macd
Good short candidate
LTI - MOMENTUM PICKLTI has been on a major uptrend and it has potential to go even further. LTI can be bought at CMP and on dips till 4430. There is no fixed target since the stock has no upwards resistance.
LTI ready to Launch on Launch PADBollinger Band daily, weekly, monthly
showing positive, with good volume
RSI showing good strength
Flag formation B/o possibility as volume is rising
so how much indication you need
take a ride of LTI
Buy above 4705 SL 4630
first platform 4750 second 4800 ,and many more
trail sl as per your emotion
Thanks
mcpriceaction
LTI - BREAKOUT FROM ATH AFTER 6MNTH CONSOLODATIONLTI Poised for next leg of growth,
Giving breakout from ATH and six month long consolidation and range bound trading.
LTI bullish viewA change of polarity can be seen here. Multiple attempts to breach the resistance as shown on chart.
Two Ways the trade can be initiated
1) Look for Pullback to 4500 level thencan be entered long OR
2) Long above 4650 can give 4705/4840
LTI - ATH breakoutLTI broke out of a range after consolidation near the resistance zone. Looks good for swing traders with SL below the breakout area.
L&T Infotech is the stock to watch for weekly charts analysis Hello Everyone, please have a look at the weekly charts of L&T infortech showing the strength and at breakout levels, the stock can give excellant returns for short to medium terms traders, first level for very short terms traders comes to 4800, so keep enjoying. The update is only for Educational Purpose.
LTI Showing Weakness in Daily Chart (Event may decide next path)LTI Showing weakness in daily chart. The last time it breaks the trend line huge momentum on the downside was seen. The same can repeat now as it has broken the trend line again.
Even though all Technology stocks has given good momentum on 02 Jul, we did not see any change here. We do have an event in July, which may decide the momentum .
My SL is around 3800. If things turn out well in the results, we may see a new all time high soon. I suggest we trade this stock with caution.
Larsen & Turbo InfoteckDISCRIPTION
LTI after making double bottom is moving towards all time high (ATH). It has broken the trendline clone as well as 0.786 fib-level. If the momentum is strong in Nifty IT ,LTI can easily break the ATH and another sharp bull run might be observed.
EXPECTATIONS
1)Breakout from Trend 1 clone
2)Breakout from 4500 level
RESULT
If the expectations are met ,stock might be in a bullish range in upcoming weeks
Positional Pick: LTIEntry Should Be Above Breakout Level.
Buy, Stop loss, Target Mentioned On The Chart.
(P.S: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.)
LTI : Breakout LTI is near Breakout levels.
We may see swift move once its cross.
Like, Share, Comment for regular updates.
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
