LTIM trade ideas
A bounce expected in LTIAfter a major fall to its long term support, a bounce is expected in LTI. Go long with a strict SL of 1430, for targets in the 1500+ range. Resistance in the 1570+ range. Time frame: 1 week
Near resistanceThere is a resistance at 1717 which if is crossed successfully target will be 2170. Support at 1480
BullishLTI has crossed ½ resistance and the move is quite bullish. If the bullishness persists, then one can have a target of 2060 in intermediate term with support at 1800.
LT Infotech is ultra-bullishLast Friday it has crossed 1/4 resistance angle on closing basis. Provided it moves up the target will be 2650 Support being at 1950
LTI - 1d chart - more upside?The ascending triangle formation looks to be forming here. but the RSI negative divergence has gotten me confused.
Views on this appreciated.
