This Support Has Started Every Major Rally BeforeL&T Technology Services is once again sitting near the same long-term demand zone around 3000–3200 that has produced powerful reversals in the past. Price reacted from this area in 2022 and later went on to test the 5800–6000 zone multiple times. Now after a long correction the stock has returned to the same support and buyers are again trying to defend it. The interesting part is that despite months of weakness price is still refusing to make a decisive breakdown below this major base.
If this
L&T Technology Services Ltd.
No trades
No trades
In-depth trading ideas
This Support Has Started Major Rallies Before
LTTS is once again sitting near the 3000-3100 zone and this is not an ordinary support. The same area became a major turning point in 2022 and price later rallied towards 5800-6000. After spending years at higher levels the stock has now completed another deep correction and returned to this historical demand zone. Buyers already defended it strongly once in early 2026 and price is again approaching the same area. This is where the psychology becomes interesting. After such a long correction s
L&T Technology Services (LTTS) | Bull Flag on 15-Min ChartL&T Technology Services (LTTS) | Bull Flag on 15-Min Chart | Short-Term Momentum Setup
After a strong impulsive rally, LTTS is taking a healthy pause inside a Bull Flag (falling channel). Instead of giving back gains aggressively, the stock is consolidating near the highs, which is generally a sign of strength.
The current structure suggests that buyers are absorbing supply, and a breakout above the flag could trigger the next leg of the uptrend.
Why I’m Bullish
* Strong momentum move follow
LTTS near long term support,watching for bullish reversalPrice is currently reacting from a major support zone that has been respected since 2022.
The latest candle shows a bullish reaction with relatively higher volume, indicating buyers are stepping in near support. Momentum is also improving. MACD showing strengthening momentum and the Relative Strength Index forming a higher low.
Price is also moving within a short-term falling channel.
Confirmation:
If tomorrow’s candle closes above today’s high and try to break the falling channel, it could conf
#LTTSThe Breakdown: After spending much of 2025 consolidating between 3,900 and 4,900, the stock has recently plunged below the critical support level of 3,908.00 (marked in red).
Price Discovery: The stock is currently trading at 3,512.40, gaining 3.41% in the latest week. While this gain is a relief, the price is still significantly below the previous floor, meaning the 3,900 level will likely now act as a stiff resistance (the "support-turned-resistance" principle).
Target Zones: If the current
L&T Technology Services LtdLTTS is an engineering services provider incorporated in 2012, offers engineering,, research and development (ER&D) and digitalization solutions to companies in the areas such as Transportation, Industrial Products, Telecom and Hi-Tech, Medical Devices and Plant
Engineering. LTTS’ customer base includes 69 Fortune 500 companies and 53 of the world’s top ER&D companies.The business also provides digital engineering advisory services.The company went public on September 23, 2016. LTTS has 296 glob
LTTS : Near Key Support | Trend Continuation WatchTimeframe: Daily
Trend Context: Corrective phase nearing completion
Current Price Zone: ~4,380
🔍 Market Structure & Technical Observations
Elliott Wave Perspective (Educational View):
The stock appears to be completing a corrective Wave-C near the 4,360–4,390 zone.
This zone aligns with prior demand and acts as a potential reversal pocket.
If Wave-C holds, the next impulsive leg (Wave-5) can begin.
Moving Average Insight:
Price has pulled back toward the short-term moving average, often s
L&T Technology Services: Correction Complete Near Golden Ratio?After a textbook five-wave impulse from ₹2,924 (2022 low) to ₹6,000 (2024 high), L&T Technology Services appears to have completed a proportional A–B–C correction, finding support precisely near the 0.618 retracement (₹4,099) of the entire advance.
Wave Structure
The advance from the 2022 low unfolded as a clean 5-wave impulse, capped by Wave 5 near ₹6,000.
The subsequent decline subdivides neatly into A–B–C, with Wave C forming a perfect five-wave internal pattern.
Sub-wave (v) of C bot
LLTS: Bullish View Intact - ATH BO soon!1. Setup looking good for a minimum 15% upside.
2. Price structure is bullish.
3. RRR looks favourable.
4. Last time the entry was late, due to that SL was hit by a whipsaw. this time entry is better.
⚠️ Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Views are personal. Please, do your due diligence before investing.⚠️
💬 Drop your thoughts below in the comments section if you liked this analysis!✌️
🔥Happy trading!✅🚀
buy the dip! LTTS ready for long term gainsbuy above 4300 looks good
hoping it will double in 5 years, giving enough sl for volatility to play out
Are willing to hold medium‑term (3‑5 years) and believe in growth of digital engineering / R&D globally.
Can tolerate some volatility and margin compression in the short term in exchange for long‑term asset growth?
Want exposure beyond pure software/IT into engineering, product design, high‑tech hardware adjacent domains.
Company has a good return on equity (ROE) track record: 3 Years ROE
A good buy in the IT spaceLTTS Technical Analysis (CMP: 4392)
Fibonacci Analysis: The stock's halt at the 50% retracement level of the rally indicates strength. A key reversal at the Fibonacci confluence zone (3920) further confirms the support.
Trendline Support: The trendline support coinciding with the Fibonacci zone adds additional strength to the level.
RSI: The double bottom formation on the RSI, especially at the bull zone, suggests a potential trend reversal.
Conclusion: Given the stock's prolonged consolidat
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.
---
## 📉 **Support Zones**
* 📌 \ Primary Support Zone:\ ₹4280–₹4320 (yellow box)
* 📌 \ Structure Support (TS3 \ ):\ \~₹4225
Price recently reacted from these support areas with highe
LTTS | SUPPORT & RESISTANCE | BUY LEVELSI've identified the support and resistance zones for LTTS, which you can see on the chart. This analysis is based on a weekly timeframe.
If you're interested in creating an entry plan, entering at the support zone might be a good strategy. If you'd like to learn more about how I approach this, please follow along. I'd be happy to share my process!
L&T Technology cmp 5615.45 by Weekly Chart viewL&T Technology cmp 5615.45 by Weekly Chart view
- Support Zone seen at 4800 to 5000 Price Band
- Resistance Zone at 5820 to ATH 6000 Price Band
- Positive trend of Technical Indicators EMA, MACD, RSI
- Price trending along Rising Support Trendline by the progressive Bullish Technical Patterns formation
- Weekly Support at 5135 > 4480 > 3950 with Resistance only at ATH 6000 to cross over to make the New ATH
- Bullish Rounding Bottoms and/or Cup and Handle and/or VCP Pattern, anyone might obser
LTTS...About to BREAK OUT??LTTS seems to be creeping out of its bed after a long hibernation. Apart from the regular indicators, the price is breaking out of a downward sloping channel and keeping afloat above 5290 even in turbulent times. Is it a good bet above 5600 with an anticipated speed breaker at 6000? And...if it pushes past 6000.. Fellow positional traders...please share your views!






















