LTIM - Weekly AnalysisIn the Weekly Chart of LTIM ,
we can see that, after applying FIBO, it is on last support level.
We can see a W shape recovery in this.
Above 4800 it will be bullish.
Expected momentum is shown in chart.
LTIM trade ideas
Buy ltim for target of 5100Buy for a target of 5100 and stop loss of daily close below 4500
If 5100 is broken, can be held for a target of 5300
LTIM starting uptrendLTIM seems to have completed zig zag ABC correction with A=C.
Now an up move could start from here with minimum destination of 61.8%
Buy the stock on pullbacks
LTIM 04-04-2024Happy learning with trading. I just shared my view. If correct give me one like. If not, correct me.
Points to Note:
1) bounce from support.
2) Safe traders buy at buy zone mentioned for target.
Disclaimer:
I am not a Registered Analyst with SEBI and it is only for educational purposes. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits or losses.
LTIM - Ready for A Short Term Swing Trade ?LTIMINDTREE is currently trading in a support zone of 4850.
It is trading in a good demand zone. So I'm taking long position in April Futures at CMP 4860-4870. I will be adding more position if 4750 comes & will hold with SL below 4700.
I'm also tracking LTIM 5000 CE as well. I will be adding position in this too.
I'm expecting it to bounce from here and reach 5300-5500 soon which is 10-12% upside from here.
Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
Bearish trend LTIMthe stock is trading with bearish bias and is heading towards south
resistance at 5300-5350 area!!
its a strong underperformer in IT SPACE
the gap down followed by further sell off is an ideal way to judge the underperformance
its likley to test 5000 odd zones till its below 5425
LTI Mindtree Ltd - LongLTI Mindtree - Long
Major Support: 5001.20
Buy & accumulate zone: 5001.20 – 5306.50
Target 1: 5601.95
Target 2: 5923.55
Target 3: 6152.50
For swing Trade
Stop loss: 4768.75
For Long-Term investment.
Buy on Dips
Trade and Invest Wisely with your knowledge! Good Luck!
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**Disclaimer:
I am NOT a SEBI registered consultant/Advisor (and NOT any country-authorized board registered consultant/Advisor). It is completely my view and opinion.
My intention is not to provide any financial advice, training advice, or any type of advice or any recommendations on stock/Forex/Coin buying or selling.
Please do your research and consult with your financial advisor before taking any action.
I am not responsible for any of your actions on buying, selling, or holding the above-mentioned stock or/and index or/and Forex or/and coins.
LT Company again - Gap Fill?LTIM saw sell off from higher levels. Huge volumes.
It bounced a bit. IT sector shares are rising, if this participates then the gap will be filled.
Overall IT business is weak, big players may take high and create huge sell offs trapping retails investors. Or may be they are buying with future prospect in mind.
So keep a strict SL.
Can be a positional trade.
Long SL 5300
Average Entry 5550-5500
Target of 6100-6150.
1:2 Setup.
Careful while trading these days. Trade with less positions. I want to trade 10 shares but I will only enter with 5 shares. Protect your capital.
LTIM TARGET 5850 STOP LOSS 5434Script is support taken from the weekly uptrend channel support line with previous intraday retreacement from the trend line. short term target is 5850. long term target is 6356
Education purpose only - LTIMStock is going to cross nearest resistance level
Entry > 6543
SL 5806
Target ATH
Adx is strong
RSI above 50
CONSOLIDATION BREAKOUT IN LTIMBuy LTIM (D) 5240, for 5700 and 6100. Add on dips till 5000 with stop at 4950 on weekly close. Stock ready to give breakout above 38.2% fibonacci levels and then will reach 50% and 62% eventually. Consolidation happening for last 12 months which shall give minimum 15% returns.
Both leading and lagging indicator MACD and EMA is indicating bullish momentum in LTIM
LTIM GOOD LONG LTIM tax news has bought a downfall in the price but we need to consider its strong bullish momentum. Trendline breakdown is already given but instead of fall it is sustaing.
May give a strong reversal from here since short positions have been made.
I am expecting this a major fakeout before good rally.
SL and TP are mentioned in chart . trade as per your analysis just a view .
LTIM at Pocket PivotA Pocket Pivot is a specific price action pattern that signifies potential institutional buying pressure within a stock's base or uptrend. It is characterized by two key elements:
Higher Volume : The current day's trading volume must be significantly higher than the volume of any down day in the previous 10 days. This surge in volume indicates increased institutional interest and potential accumulation of shares.
Upward Price Movement : The price should close higher than the previous day's close, confirming the buying pressure behind the volume spike. Additionally, the stock price that has "respected" the 50-day moving average during the prior price run, indicating a positive trend.
LTIM Long term view on upsideAs one see on monthly chart after going down it formed based and triangle breakin out ..one can see indicator also uptrending..observe it's Upmove with risk management only for long term..
LTIMINDTREE BULLISHNESS INTACTIt is moving in upward sloping channel on weekly charts.
it can test 5800/6000
LTIM BO [DAILY]LTIM breaking out again with higher than average volumes on daily timeframe. IT index still in an attempted rally, but some IT names are showing strength lately.
Keep an eye out on how the IT theme plays out ahead.
LTIM - Intraday - 06.11.2023If trigger line crosses over 55.16, it may reach to 66.94, 45 to 75 Rs in cash.
If trigger line crosses below 48.12, it may reach to 39.55, 26 to 35 Rs in cash.
LTIMINDTREE# LTIMINDTREE #
# LONG TERM VIEW BULLISH #
# BUY ABOVE 5450 - 5460
# TG - 7100 - 7200
# CBSL - 5020
# R : R - 1 : 5
This is not an investment advice and also please note this is only for education purpose.
So before investing any single rupee, please do your own research according to your risk taking capacity and after that do invest and book profits on right time.
