LTTS 11th May 2023 (Triangle Pattern)Triangle pattern if the trend breaks and sustains then buy at 3842 SL 3821 target 3857,3872,3906
Lttsuptrendstocks
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.
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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