1D CHART NSE:LTIDouble top pattern is formed and lets see if price action works or not
good stock for swing trading
LTI
LTI Bounced from support. Good RR LTI
Very strong company fundamentally.
Has given good correction and bounced back from support exactly forming double bottom.
Going Long with SL of 3535 and target of 4200++
SL will be on daily closing basis.
LTI_14% upside intially then 21.5%. Total 35% upsideDate: 03 May 2021
L&T Infotech
It is on the way of forming Inverted H&S pattern. First it has to reach 4,550 level which will give 14% upside. and then once the pattern is complete expect the final target at 5,530 which will give another 21.5% above 4,550 level. So total upside is 35% which seems possible in LTI.
We will review the stock when it will complete the Inverted H&S pattern at 4,550 level.
Target and SL given in the Chart.
Swing Trade in LTINSE:LTI
* No special indicators used.
* simple strategy.
TGT - 4200-4300+
Duration - 2 months.
on my birthday(03/07), I'll be getting around 19% returns using only this simple strategy..(* _ *)
God Bless All !..
LTI predictionLTI has resistance near 3785. If it breaks and close above that we can expect a bullish view Target will be 3965, 4190, 4445.
If LTI takes resistance near 3785 it can fall and take support at 3525
Very bullish setup to take positionLTI have taken good support with strong reversal pattern and looks very bullish for short term.
Reversal with good volumes, today formed bullish englufing and there is also a money flow index reversal.
Very very bullish setup I have got here.
Those who are willing to enter, this is the right time.
This post is for information purpose only.
Long on LTILTI is nearing its support. As seen in the chart, the confluence of 3 supports can be observed. 1) 200 EMA, 2) Trend Line, 3) The horizontal support.
These support zones can attract buyers. One can expect to see minimum levels of 4200+ by the end of May. View negated below 3800. Personally buying 4000 CE at 132 with SL of 100 and open target.
LTI LTI IS TRADING AROUND ITS CHANNEL SUPPORT. THE CURRENT MARKET PRICE IS 3662, I EXPECT A BREAKOUT WHICH WILL TAKE THE STOCK TOWARDS 4000-4400
LTI-GOOD BUYING ZONE3600 levels are a good buying zone. Start accumulating in small quantities. Maintain strict stop loss.
LTI buying zone for long termLTI has 1-year-old trendline support at 3600 and 200 dema support at 3400.
Therefore, 3400 to 3600 is a good buying range.
[positional]LTI Trendline BO...... LTI AT CMP or above todays high
Weak below 3450
Target-- 4480-4900
LARSEN & TURBO INFOTECH # BEARISHBREAKOUT # BEARISH TREND START .....MAINTAIN LEVEL AS MENTIONED IN CHART
Buy LTIBuy LTI only above 4052 Stoploss 3980 Target 4215 and above
Study: Downward channel Breakout Formation
#lti #long #point of confluencelti meeting 50 ema and previous resistance as support and candle sticks showing rejection possible long swing opportunity
Resistance BO in LTIBO in LTI around 3500. taking Support zone of 3500 -3400. After 2 months consolidation it has break out the resistance. Potential Tgt 4100 4200
#LTIDisclaimer: I am not a SEBI registered or authorized analyst. The charts/levels/stocks posted will be only for educational purpose and not a buy/sell recommendation. I will not be responsible for your any losses & profit. No any kind of legal actions will be entertained for the same.
LTI Daily Breakout of Cup PatternLTI is displaying good strength and is doing a breakout on the cup pattern even in a weak Market
The breakout is over the previously know recent highs and is supported on both Monthly and Daily Timeframe
it would make a good case above 3600 with Technical SL would be @ 3500 Levels about 2.5% from here
