LTTS short term idea lookingLTTS looking for short term idea it can break any side please observe price action and enter after break out
Lttechnology
LTTS Triangle Pattern Breakout on Weekly ChartLTS gave a Symmetrical Triangle breakout with good volume on weekly chart. 3550 to 3600 will be good buying zone. It has to retest the trendline, observe the price action and enter in trade near trendline.
L&T Technology Chart Analysis !!📈 L&T Technology 📉
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- 3629 and 2913
SL- 4640
RR- 1: 3
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.
