Chart -> LTTS Daily
After a brief downtrend, LTTS has given a rounding bottom breakout with a volume pop-out.
CMP: 3416
Target: 3830
SL: 3240
Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking any action.
If Breaks Then The Targets could be Taken at 3880 and 2833 .
Time Frame :- 1 Hour
Patterns Name :- Parallel Channel
Symbol Name :- LTTS ( L&T Technology Services )
Based on Your Own Risk this is only to Show you the Current Pattern .
We are not responsible for any profit or loss .
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LTTS is nearing strong zones, which can turn into accumulation zones. Let's look at how price reacts to the levels mentioned. This will help decide for long-term investors and traders.
It's not a recommendation to buy or sell. This chart is for educational purposes only. Please contact your financial advisor before making buy or sell decisions.
NSE:LTTS
Targets And SL mentioned on chart.
📌 To Trade on This Chart, You Should Have Reversal Trading Knowledge. As Harmonic is One Of The Best Reversal Trading Strategy, But Always Remember That Harmonic Patterns Also Can Fail (there is no holly grail In Stock Market). That's Why One Should Must Have Knowledge Of Reversal Trading To Trade On Harmonic...
NSE:LTTS
📌As we know IT stocks already fallen much now we might see up move for swing, but we should even keep this in mind that we have budget ahead so better to take entry after budget for swing but before that we can go for intraday trades if find reversal for long. Even this stock has one big gap is there, so it might fill that as well if find reversal for...
LTTS
The company is almost debt-free & a good return on equity.
Recently Good correction was seen in this stock
And now Breakout on hourly time frame.
Can be a safe bet at levels 4530/50 for a short term target of 4610/4700/5000/5200
With SL of 4510 for the short term and 4300 for the long term.
Also, the stock is trading at a discounted price and if Nifty...
Falling Wedge in Formation
Can move above 4450
Keeping the SL of 4200 one can expect a good upmove.
DISC: Not a buy or sell recommendation. Please consult your financial advisor before investing.
NSE:LTTS
📌As we know IT stocks already fallen much now we might see up move for swing, but we should even keep this in mind that we have budget ahead so better to take entry after budget for swing but before that we can go for intraday trades if find reversal for long. Even this stock has one big gap is there, so it might fill that as well if find reversal for...
This stock is showing some good signs of reversals U-Turn in price action.
1) Fibonacci retracement is healthy up to 50% which is good sign for continuation of bigger trend.
2) Price also came at old Support area.
3) Price got support near 200 DEMA.
4) Relative strength index in daily also reversed from oversold area, Now above 30.
5) In smaller time frame...
Lots of withdrawl from the stock has broken multiple supports.
Looks like LTTS may see 2900 Levels later or sooner.
Disclaimer: View for Educational purpose only, not to be considered as trading / investment advice.
I am not sure about taking a long position, given the weak market outlook.
Just sharing a few stocks I am keeping a track of which have reached their trendline support and might be a good time to accumulate in piecemeal.
Not an Investment Advice. I am just curious to see how it plays out.
LTTS is currently trading at a very crucial level.
It has been consolidating there for a while now.
LTTS CAN BLAST ANYTIME NOW
Target 1: 5830
Target 2: 5950
Very safe targets. Maintain strict SL @5540
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1st Short idea of this week, and its a MIDCAP IT Stock.. Strange🤞🏻!!
MIDCAP IT was firing last week but now LTTS showing some weakness at 61.8% Fibonacci levels.. indicates some profit booking for short term..
It is a risky trade as per current trend.. So, we may play it with a strict stoploss at 5401.15 (recent high)..
and if it favors then we might get our...
