Gap filling by LTTSLTTS looks good on a short terming looks like it will fill the gap till 5411. Watch out the target details on the chart. This idea is for educational purposes only and not a buy recommendation.
LTTS trade ideas
LTTSAfter falling approximately 30% from its all time high stock was trading in a range of 4200 to 5000. The stock has given breakout from resistance of 5000. Buy above 5080, SL 4700, TGT 10 to 12%. For educational purpose only. Kindly contact your financial advisor before entering any trade.
LTTS Taking support at 200MAAlso seen is Inv H&S at this level of 200ma.
Nifty might give small relief rally in coming days and
LTTS might give a bullish move in next 10~12 days
SL: 4623
T : 5200
WATCH FOR FALLING WEDGE BREAKOUT A Good correction can be seen in LTTS since the month of JAN.
LTTS has given breakout for the pattern on 1hr TF.
one can wait retest and enter the stock above 4600 levels with SL OF 4300 for a shorterm target of 4823 and above
Also the stock is trading at a discounted price and its good to add in portfolio.
************************PLEASE FOLLOW RISK MANAGEMENT***************************************************
LTTSBuy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy
this chart is LTTS
Hey friend,
this strategy is one of the most used techniques by Elliott Wave Veterans. and i made a Elliott wave for the use techniques
thank you
LTTS: Falling Wedge FormationFalling Wedge in Formation
Can move above 4450
Keeping the SL of 4200 one can expect a good upmove.
DISC: Not a buy or sell recommendation. Please consult your financial advisor before investing.
Stock looking to continue upward after base formationTechnology stocks are showing some support at lower levels. LTTS & LTI both showing signs of positive momentum to continue. RSI crossing above 50 looks positive. More upward expected above 4800 levels.
#StockMarket #StockIdeas #StocktoWatch #StockToBuy #positionalLTTS
The company is almost debt-free & a good return on equity.
Recently Good correction was seen in this stock
And now Breakout on hourly time frame.
Can be a safe bet at levels 4530/50 for a short term target of 4610/4700/5000/5200
With SL of 4510 for the short term and 4300 for the long term.
Also, the stock is trading at a discounted price and if Nifty Supports then it will give a good return, so can be added to the portfolio.
Note:
Above levels for Education purposes only.
Follow Risk management and do your own analysis before taking any trade
Expanded Flat completion + Morning start formationSeems like LTTS has completed expanded flat correction and going ahead we can see bounce in the form of new impulse or and connecting wave X which take prices higher.
We have morning star candle stick pattern formation along with 2-4 trendline breach and postive divergence in momentum indicator(not shown),one can go long at cmp 4650 with a stop-loss of 4300 for target of 5000.
Altough risk reward is only 1:1 at this point of time but price action is clearly suggesting current up move to continue further.
Sl should be trailed to each day's low once price crosses 38% retracement level.
Disclaimer:This are just my view on the stock no positon should be build or exited on its basis.
TIME TO RE-ENTERPanic gives the best of opportunity. It has a long road ahead of it. Not even completed 3rd wave. GO WITH THE MAIN TREND WITH PROPER TIMING. DISCLAIMER-This is my personal view-not a trading recommendation. Trade according to your own understanding/risk appetite & management. NOTE:Pl go through my earlier posts for understanding the thought process
LTTS READY FOR DOUBLE DIGIT RETURNS ...L&T Infotech: Buy | LTP: Rs 4510 | Stop-Loss: Rs 4190| Target: Rs 5100 and 5900
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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 .
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Supporting factors of this trade :-
Support from 200 EMA and MA after
Bullish engulfing at support
RSI (relative strenght indx) formed bullish divergence
MACD (moving average convergence divergence) also showed positive crossover however it is trading below the centerline
we will take trade after breakout from descending triangle pattern if breakout happens with good volume .
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Stoploss will below low of bullish engulfing pattern and mentioned on chart along with important levels .
*********TAKE TRADE AS PER RISK APPETITE *************
LTTS is at support lineLTTS is at support line and it is forming wedge pattern. Traders keep it under radar.
LTTS | Triangle | Support & ResistanceNSE:LTTS is trading near support zone.
It also forms small triangle pattern.
Soon it will breach either of the side. So wait for direction.
LTTS ReversalLTTS 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.
LTTS can reverse from support levelLTTS giving a positive sign of reversal from support and 200 ema. Also formed a double bottom pattern. Closing above 2830 level can be good long opportunity. A big gap above is yet to be filled. Levels mentioned in chart. Follow strict risk management.
expecting pullback to end at resistance and continue rally downexpecting pullback to end at resistance and continue rally down. will short only based on intraday signals at support.
LTTS Daily Bullish DivergenceLTTS found support from previous low and 200ema, at the same time RSI bullish divergence clearly visible
Expecting price to touch 20ema and if bull stays in control price can continue rise higher, will trail my stop as stock progress
Stop is just below the support risking 2% on trade
this chart is LTTSHey friend,
this strategy is one of the most used techniques by Elliott Wave Veterans. and i made a Elliott wave for the use techniques
thank you
Stock is Ready For RunningStock is ready for running.
Midcap IT will start running.
Hold and look big Target Possible
LTT (19-01-2022)
this stock correction type (A,B,C)
Wave A--> start18 nov 2021 end 20 dec 2021 internal (a,b,c)
Wave B--> start 20 dec 2021 end 4 jan 2022
internal (a,b,c)
Wave C--> start 4 jan 2022 i precdation internal (1,2,3,4,5)
🎯 L&T Technology SER Swing Opportunity #niftyit 📊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 long (Trailing Basis).
📌 To Trade on This Chart, You Should Have Reversal Trading Knowledge. As Harmonic is One Of The Best Reversal Trading Strategy, But Always Remember That Harmonic Patterns Also Can Fail (there is no holly grail In Stock Market). That's Why One Should Must Have Knowledge Of Reversal Trading To Trade On Harmonic Patterns.
📌 That Dash Line Is Called PRZ, From That Dash Line To that Horizontal Simple Line Area Is Whole PRZ(Price Reversal Zone).
📌 As One can see, This Pattern has Been Made on Monthly Time Frame, that's why stop loss quite big as per this pattern and time frame. So wait for perfect reversal first then only go for long and ones enter in trade then strictly follow stop loss and here as per my own experience one should keep Stop Loss as closing basis.
(PRZ :- Potential Reversal Zone, SL :- Stop Loss, TF :- Time Frame)
PRZ 1 :- 4504
SL :- 4265 (Closing Basis)
Target 1:- 4652
Target 2:- 4740
Target 3:- 4902 and more trailing basis (it might fill gap as well.
Note:- As Per this harmonic pattern, stop loss is quite big, so Trade on reversal only if you don’t know what is reversal, Kindly note that and ask in live session so next time you could be able to identify reversal by your self. Even ask doubts in comments, below.
******whatever charts or levels sharing here or on any other platforms are just for educational purpose only, Not A Recommendation To Buy Or Sell. Please do your own analysis before taking any trade on them. We are not SEBI registered.
