LTTSLTTS - a strong information technology nice VCP pattern formation need to keep an eye for breakout to new highs
LTTS trade ideas
Educational Price Action AnalysisLTTS
If a stock breaks its immediate resistance then only do entry for the immediate high target e.g. Entry above 5450 for a target of 5820. This analysis on monthly chart. Wait for the correct level for entry.
NOW RIDE THE DOWNSIDE.Hope u caught the upside as suggested earlier. NOW BE PREPARED FOR THE DOWNSIDE. Everything is clearly on the chart. e-wave may or may not move upto 5600 level or e-wave completed already & down move might have started in earnest. DISCLAIMER: Views are personal not a trading recommendation. Take position only at your own risk understanding/method. N.B.:Would like readers to go through given links to understand the effort goes in identifying a trade. So PRESS 'LIKE' if it deserves.
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.
LTTS... BEARISHTime for some imagination!
I have been waiting for LTTS to show signs of bearishness and I feel the time has come now.
Waves 1 and 2 of the downward Elliot are done and the script should fall next (wave 3).
Wave 4 can be a triangle which is a common scenario.
Targets marked on chart.
L&T infotech too shows similar weak pattern.
LTTS - Ascending TriangleEntry Price - 5025
Stop Loss - 4923
Target - 5341
Note: For Educational Purpose Only
LTTS : Muhurat Pick up - 3LTTS : Muhurat Pick-3
Closing above 5000 (4hr candle) can lead to a sustained breakout
Support at 4450
LTTS | Trendline breakout and retest - Potential for 10%LTTS | Trendline breakout and retest - Potential for 10%
CMP : 4817
SL : 4730
Target : 5310
1:3+ risk reward setup
(Calculated target based on Fib)
L&T Technology Services LtdL&T Technology Services Ltd Daily chart
Support area
50 Sma support
hammer candle pattern with confirmation
[ INTRADAY ] LTTS SHORT BETrisk: Reward ratio is 1: 2
Rest as per Charts
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Note -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells “where” to act in “what direction. Unless it triggers, like, let’s say the candle doesn’t break the level which says “Buy/Sell if it breaks”, You should not buy/sell at all.
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I use shorthands for my trades.
“Positional” - means You can carry these positions and I do not see sharp volatility ahead.
“Intraday” -means You must close this position at any cost by the end of the day.
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Always follow a stop loss.
In the case of Intraday trades, it is mostly the “Low/High of the Candle”.
In the case of Positional trades, it is mostly the previous swings
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LTTS for swing playersLTTS looks good for swing players with SL below the lower TL of the triangle pattern.
LTTS Cmp 4608 dated 28-9-2021 SELLLTTS Cmp 4608 dated 28-9-2021 SELL
1. Sell for a tgt of 4450-4270-4110-3900 SL 4750
It is just a view, pls trade at your own risk.
LTTS BULL FLAG RISK REWARD 1:2BUY CMP
SL-4485
TGT- 5105
TAKE MIN RISK REWARD 1:2
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
LTTS BULL FLAG RISK REWARD 1:2BUY CMP
SL-4263
TGT- 4610
TAKE MIN RISK REWARD 1:2
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
IN TOP GEARAfter starting 3rd. wave in style,it is just consolidating (BULLISH FLAG).WILL BREAK OUT SOONER THAN U BLINK. Buy>4350-55/sl 4285-80 tgt 4600++
MY BOUGHT ZONE AT LTTS I bought at 2602 and put stop-loss at 2470.
now currently it is moving towards to 4600.
so i changed my stop-loss to 3900.
above all patience is what we need to earn......
