Lttslong
LTTS close to ATHNSE: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.
LTTS Analysis & PredictionThis 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 is not investment advice. I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade.
Happy trading.
About LTTS :
L&T Technology Services Ltd. offers consultancy, design, development and testing services across the product and process development life cycle. It includes products, manufacturing, operations and consultancy services. The company was founded by Anil Kumar Manibhai Naik on June 14, 2012 and is headquartered in Vadodara, India.
Strong name for weak markets - LTTS IndiaMarkets 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 majors - has a differentiated product
Technically formed a big base (darvas Box) - before popping out after results
Clear lack of supply in the name as volume is drying up
Again - a small position makes sense in these kind of markets, once the markets turn back up (if!) - would go to a full position in LTTS, if its still holding above the box at 4200
Cheers
PS - This is not a solicitation to buy but merely an idea i have. Please do your own research before committing any of your hard earned capital.
LTTSENTRY TARGET SL Mention in the chart.
ALWAYS TAKE TRADE WITH CONFIRMATION
Note : Trading in any financial market is very risky. I post ideas for educational purpose only. It is not financial advice. Do not hold us responsible for any potential loss you may incur. Please consult your financial adviser before trading.
LTTS India - Good Results in generally pessimistic scenarioMidcap 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 a nice base forming - esp after results
Volatility compression happening (also calls have got very cheap)
Could rally through to the next results cycle - analysts generally have a negative view of this stock - which could cause re rating
Stock historically has seen better days - expect it to get closer to 4500 by next results cycle
Buy Stock for 6-10 weeks cycle. Keep the stop loss at -2 ATR level around 150 bucks. Buy ITM calls for the people who are shorter term - however dont expect super action very soon.
LTTS - An opportunity for swing trading is identifiedWith buying volume being noticeable and selling volume being extremely low and barely noticeable, LTTS is currently trading in a bullish trend. The stock is also trading on daily demand zone, which is seen on lower time frames as well.
For a low risk but high return trade setup, This makes it an ideal opportunity to plan our buying entry at this zone while setting our stop loss below the demand zone for a low risk yet high reward trade setup.
Wave Volume Divergence Indicator utilised primarily for volume analysis.
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LTTS - Ichimoku Bullish Breakout Stock Name - L&t Technology Services Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 4190
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
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#LTTS at harmonic supportNSE: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 Patterns.
📌 That Dash Line Is Called PRZ, From That Dash Line To that Horizontal Simple Line Area Is Whole PRZ(Price Reversal Zone).
*****whatever charts or levels sharing here or on any other platforms are just for educational purpose only, Not A Recommendation To Buy Or Sell. Please do your own analysis before taking any trade on them. We are not SEBI registered.
L & T Technology SER on harmonic supportNSE: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 long (Trailing Basis).
📌 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 Patterns .
📌 That Dash Line Is Called PRZ, From That Dash Line To that Horizontal Simple Line Area Is Whole PRZ(Price Reversal Zone).
check out recent view of same stock.
LTTS READY FOR DOUBLE DIGIT RETURNS ...L&T Infotech: Buy | LTP: Rs 4510 | Stop-Loss: Rs 4190| Target: Rs 5100 and 5900
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L&T Infotech took support from cluster of 200 EMA and MA supported by bullish engulfing candlestick pattern
But it got trapped in descending triangle pattern on 4Hr time frame .
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Supporting factors of this trade :-
Support from 200 EMA and MA after
Bullish engulfing at support
RSI (relative strenght indx) formed bullish divergence
MACD (moving average convergence divergence) also showed positive crossover however it is trading below the centerline
we will take trade after breakout from descending triangle pattern if breakout happens with good volume .
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Stoploss will below low of bullish engulfing pattern and mentioned on chart along with important levels .
*********TAKE TRADE AS PER RISK APPETITE *************
🎯 L&T Technology SER Swing Opportunity #niftyit 📊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 long (Trailing Basis).
📌 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 Patterns.
📌 That Dash Line Is Called PRZ, From That Dash Line To that Horizontal Simple Line Area Is Whole PRZ(Price Reversal Zone).
📌 As One can see, This Pattern has Been Made on Monthly Time Frame, that's why stop loss quite big as per this pattern and time frame. So wait for perfect reversal first then only go for long and ones enter in trade then strictly follow stop loss and here as per my own experience one should keep Stop Loss as closing basis.
(PRZ :- Potential Reversal Zone, SL :- Stop Loss, TF :- Time Frame)
PRZ 1 :- 4504
SL :- 4265 (Closing Basis)
Target 1:- 4652
Target 2:- 4740
Target 3:- 4902 and more trailing basis (it might fill gap as well.
Note:- As Per this harmonic pattern, stop loss is quite big, so Trade on reversal only if you don’t know what is reversal, Kindly note that and ask in live session so next time you could be able to identify reversal by your self. Even ask doubts in comments, below.
******whatever charts or levels sharing here or on any other platforms are just for educational purpose only, Not A Recommendation To Buy Or Sell. Please do your own analysis before taking any trade on them. We are not SEBI registered.
LTTS Strong Chart in Uncertian MarketLTTS looks like a very strong chart on technical basis. It is also a fundamentally strong company. I have covered it extensively on my YouTube channel in a Stock Analysis video. It is also one of my largest holdings. I remain bullish and a deeper stop loss of Rs.4900 can be followed for short term trades. Gains of 10-20% should be on the horizon in the coming months. Any dip also seems like a good opportunity to buy here.