LTTS CMP 5812 looks good above 5820 can go upto 8680 weak below 5100 (9-12 MONTH)
The stock has formed a bearish head and shoulder reversal pattern on the daily time frame. The momentum oscillators are also at the extreme and there is a negative divergence which has developed. The neckline of the pattern has already been breached and the Next support is only around 5000 levels. All in all it is an excellent short setup.
NSE:LTTS is close to its all time high now. On weekly charts, one can look for the breakout and then add in this position. This business looks strong and with other listed peers like NSE:TATATECH commanding a strong valuation, one can expect better P/E multiple for this business as well. Buy only on breakout.
Irrespectivev of Market fall.,. the stock is holding the levels.,. which shows signs of bullish rally further.,., Follow charts for the target
This is the analysis of LTTS in Daily Time Frame. Watch carefully. The chart explains itself. There are some prediction levels. These Levels act as Support and Resistance according to position of price. You have to trade according to level breakout or breakdown. Always maintain your risk management. Book your profit according to your “STOMACH”. Disclaimer: This...
If it breaks the Previous Resistance area we can expect some Move on upside mark in green
LTTS is in bullish mode as per Dow theory H-H and H-L formation seen on chart. It is trading with the support of trendline also cross and sustain upper side resistance level 4300. It may test 5000+ soon
Markets are weak in general. DXY going up, Asian markets going down. However the global scenario changes on a dime these days - and China has been a train wreck in slow motion for months if not years. Indian equities still the place to be - might make sense to stick to strong names. I like LTTS because Strong results - mid cap IT name unlike the Infy, TCS...
As you see on the charts, the stock price is struggling at the crucial resistance zone. If not able to cross and sustain above 4300, may go weak for some time. Possible targets are indicated. Only for learning and sharing purposes, not a piece of trading advice in any form. Please share your views about the idea. All the best.
LTTS is trading in triangle pattern. Wait to BO or BD for good move.
Key highlights: - Approaching the daily demand zone - We have a weekly demand zone just below the daily demand zone - Can give a positive reaction if buyers turn up - 200 weekly EMA is coinciding with the daily demand zone - HTF structure is bullish - Weekly supply zone at 4850-5300 Disclaimer: This is NOT investment advice. This post is meant for learning...
- Broke out of 77 days long flat consolidation - Good volumes on the breakout. - Price is still trading above the high of the BO candle - Can move higher in the coming weeks, if it manages to push above 4200-4300. Disclaimer: This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk.
LTTSis coming out from a parrelel channel with good volume hot RSI MACD crossover on 14 july immediate #target can be 4300 educational idea
Midcap results have been far better than the large caps like TCS and Infy. The midcaps are more in their niches and the revenues / profit growth is mid teens to 20s. Their margin profiles heave stayed steady. Persistent & other mid caps have already rallied close to life high. One stock that maybe next is LTTS (L&T Technology Services) Supportive picture with...
Near its Supoort zone ,must buy 8-9% target. If breakout given at target then can see more rally.
LTTS 1H TF looking good for long please wait for strong 30mins for 15mins candle to close . Please follow me for more such trades.
Nifty IT cmp 29355 breakout above 29400 sustaining Target 30800/31300++++ Stocks to Keep On Radar Coforge Infosys Persistent Wipro HCL Tech Tech Mahindra LTTS LTI
L&T Technology Services has been making a Volatility Contraction Pattern over the last 15 odd months. The base is ripe and has broken out strongly with a huge volume candle, and a gap up. The price is sustaining above the breakout level and the set up is a highly favourable one, with regards to VaR. Long LTTS over the medium term for targets of previous highs,...