LTTS : Completing Wave B or Starting Corrective Wave 5?
## 📊 **LTTS Daily Chart Analysis**
### 🧩 **Price Structure Overview**
* The chart shows a completed **ABC correction** pattern.
* Price has recently bounced from a key \ support demand zone\ , marked by the blue and yellow boxes.
* A bullish wave structure is potentially forming, indicating trend reversal.
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## 📉 **Support Zones**
* 📌 \ Primary Support Zone:\ ₹4280–₹4320 (yellow box)
* 📌 \ Structure Support (TS3 \ ):\ \~₹4225
Price recently reacted from these support areas with higher lows, hinting at buying interest and strength building.
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## 📈 **Immediate Resistance / Supply Zones**
* 🟨 \ Minor Resistance Zone:\ ₹4620–₹4700 (yellow box)
* 🟦 \ Primary Resistance Zone / Target 1:\ ₹4800–₹4863
* 🟩 \ Extended Upside Target Zone:\ ₹5450–₹5650 (green box)
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## 📝 **Trade Idea: Positional Long**
### ✅ \ Entry:\
* Around CMP (₹4405) or on dips towards ₹4300–₹4320 with bullish confirmation.
### 🎯 \ Targets:\
* \ T1:\ ₹4620
* \ T2:\ ₹4800–₹4863
* \ T3 (Extended):\ ₹5450–₹5650 (if trend sustains)
### ❌ \ Stop Loss:\
* Daily close below \ ₹4225\ (below TS3 low)
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## 🧠 **Trade Logic & Strategy**
* Price has respected the support zones and formed a possible reversal structure.
* If the stock breaks above the ₹4620–₹4700 zone, it can accelerate toward the ₹4800+ levels.
* Conservative traders can enter after a daily close above ₹4620.
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## 📌 **Conclusion**
LTTS is setting up for a potential **bullish swing move**.
A structure-based entry near support with defined SL offers a favorable **risk-to-reward** setup for positional traders.
