L&T Infotech: Buy | LTP: Rs 4510 | Stop-Loss: Rs 4190| Target: Rs 5100 and 5900 . . . 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 . . Supporting factors of this trade :- Support from 200 EMA and MA after Bullish engulfing...
LTTS is likely to reverse from these levels. Looks like the bottom is in place. I have clearly marked the level for bottom fishing in this counter.
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 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...
LTTS looks good for swing players with SL below the lower TL of the triangle pattern.