LTI : A Low risk (4%) High reward bet (24%)LARSEN & TOUBRO INFOTECH (LTI)
1. Turning from Past reference.
2. Carry lots of upside potential.
3. Play with Next month's options (CE) as well.
4. Entry / SL / TGTs are depicted on the chart (Self-explanatory)
Ltinfo
L&T Infotech Chart Analysis !!📈 L&T Infotech 📉
My Findings :-
1. Breakdown of Strong Support Zone.
2. Lower High and Lower Low Formation.
3. Close Below Six Months Low.
4. IT Index also week. Check Chart below.
Bias- Short
Target- 4942 and 4413
SL- 6091
RR- 1: 2
IT Index Chart :-
All Important Supports and Resistances are drawn in chart. All levels are on closing basis.
Please have a look and revert back if you need some more study on it.
Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
