LTI 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 Poised for next leg of growth, Giving breakout from ATH and six month long consolidation and range bound trading.
LTI broke out of a range after consolidation near the resistance zone. Looks good for swing traders with SL below the breakout area.
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.
Medium Term Trade: L&T Infotech breaks out of a cup and handle pattern. Buy: L&T Infotech Last Close: 4214 Target: 4700 Stop Loss: 4080
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...
NSE:LTI has ended correction and showing good strength in momentum. The initial target after breakout will be around RS5100-Rs5200. The resistance will be Rs4450 which it should easily cross with a bang(most probably).