LTTS - Cup and Handle - watch out for breakoutWatch out for 5887 level to break with force and volume
LTTS trade ideas
LTTS - Strong reversal candidateThe stock is in uptrend in daily time frame.
Reversal is likely to happen as the price has respected the dynamic support line quite well.
Possible Targets - 5163, 5264, 5400, 5589, 5808.
Stoploss - 5048
Favorable risk reward ratio of 1:5.
Shared for learning purpose. Do your own research before buying this stock.
Swing trade in LTTS Cup and Handle pattern in LTTS. Buy and Sell are marked on chart. Stoploss should be treated on monthly closing basis
Education purpose only - LTTS- Stock is in a strong trend but a cooling off period or retracement will make it stronger
- EMA 20 is a strong reversal points
- lets see if it gives a sign of reversal..
- MACD is in buying zone, it should be reversed
- RSI & ADX are giving sign of cooling off and retracement possible
- Target – 5100, SL 5600
Potential Cup and Handle Breakout PossiblePotential Cup and Handle Breakout Possible in Weekly TF of NSE:LTTS
With Fed's 50 bps Rate Cut IT Sector looking Positive.
LTTS - Watchlist - Ascending triangle - Cup and handle -Wkly LTTS - Forming Ascending triangle and cup and handle patterns on weekly charts.
Need to close above 5890 for breakout, which can test 8000 levels in a 6 to 12 month timeframe.
We can have it in watchlist for next week.
Strengths
The company is virtually debt-free.
The company has a good ROE track record of 27.20%.
The company has delivered average profit Growth of 23.19% in the last 3 years.
The company has delivered good income growth over the past 3 years of 20.47%.
The company has effective cash conversion ratio of 106.58.
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LTTS - Weekly AnalysisIn the Weekly Chart of LTTS ,
we can see that, it is near Cup & Handle breakout.
Possible momentums are shown in chart.
LTTS - Keep On RadarCMP 5622 on 07.09..24
The stock price has formed a Cup & Handle pattern in the last more than 2 years. The breakout level is around 6000. At the moment of retracement, it may come down to 5450 to 5250.
If the price is above the 54200 level, this setup has relevance. It goes weak if the price sustains below 54200.
Always keep your risk management in control, and the position sizing too.
Projected targets are indicated on the charts.
This illustration is only for learning and sharing purposes, not a piece of trading advice in any form.
All the best.
LTTS: Cup PatternLTTS- Cup Pattern formation
Entry ~5000-5050 (Candle Close), SL 4775 (Candle Close)
Target 1: 5400-5450
Target 2: 5800-5900
Disclaimer: Study only for Educational Purpose.
Remember: My Money, My Risk, My Reward, My Responsibility.
Please Consult your SEBI registered Financial Advisor for any Financial Advice/ Decision.
A Swing trade with big returnThe stock is about to break its multiyear breakout, in the upcoming months a bigger movement can be captured in the given stock. individual can easily plan the trade with decent risk reward. as stock is showing the potential of more than 30% upward movement. the level can be clearly shown in the image, with the target of 8628.
SL can be planned with 10% from the level break.
LTTS- Cup and HandleLTTS is showing great strength and forming cup and handle pattern on monthly time frame. This could move upto 15000 levels considering the structure. This can show a bit of correction in near term before moving up so can accumulate.
LTTS- Cup and HandleLTTS is showing great strength and forming cup and handle pattern on monthly time frame. This could move upto 15000 levels considering the structure. This can show a bit of correction in near term before moving up so can accumulate.
IS IT SECTOR GONNA BIG THIS YEAR ??Ltts at breakout pattern
Key points : -
1. Rsi 60 crossing on monthly chart
2. Dii increase thier holding in company
3. Weekly rsi above 60
THIS NOT BUY SELL SIGNAL JUST ADD TO YOUR WATCHLIST AFTER BREAKOUT YOU CAN CONSIDER
LTTS- Long term investing idea LTTS- Long term investing idea
Fundamentals
MCAP- 58000 Cr
PE - 45.5 > Industry PE of 35.6
PEG Ratio is 4.04
Debt to Equity is 0.12 and ICR is 36
ROE is 26%, ROCE is 33% ( 5yr ROCE is 34%), Better than most industry peers except TCS and Infy
Sales growth is 8%, 5yr Sales growth is 13%
Profit Growth is 7%, 5yr Profit growth is 11%
Promoter holding is 73%
Latest results - below estimates
Technicals
CMP - 5490
Bullish - Above EMA 9, 21,63, 200 on weekly charts , RSI(14) is 60
Commentary
- LTTS has been trading in the yellow parallel channel for more than 4 years now
- From the highs of Jan'22, the stock has seen a dip, a brief recovery and then a further dip to trade now at 5490. You can see a slightly downward sloping cup and handle formation. This will top out at 5890 levels.
- I expect the stock to continue its bullish journey in the next few weeks to months
Target :
T1, As per sloping cup and handle = 5890
T2, As per long term parallel channel = 6400
T3, once 5890 is breached, 8200-8400 by Oct' 2025
Disclosure 1 - Invested
Disclosure 2 - Not SEBI Registered
Disclosure 3 - This is Not investment advice. Treat it as educational
L&T TechnologyImportant points marked.
*********Investing in equity is subjected to market risk do own research before investing********
Education purpose only.
L&T on the verge of a major breakout 5200 is the key level
✅The stock has consistently respected a 4-year old trendline, providing solid long-term support. This trendline continues to act as a robust foundation for upward movements.
✅ The 50-week EMA is holding strong and has recently provided support during the latest pullback. This is a crucial level to monitor, as it often acts as dynamic support in an ongoing bullish trend.
✅ The stock is nearing a critical resistance level that has been in place for the past 2.5 years. A breakout above this level could lead to significant upside potential.
✅ The RSI is currently around 48. A move above 50 would indicate a resurgence in bullish momentum, making it essential to monitor for confirmation of the next leg up. A breakout above 5200 could trigger a significant rally.
LTTS Cup and handle on daily time frame
even nifty it look strong
sl- 4800
target - 5800
risk reward - 1 ratio 2
Another reversal candidate!NSE:LTTS is ready to reverse after 5 weeks of fall. A small cup & handle breakout, re-tested to indicate we probably have the low for now. 6% stoploss for much higher risk-reward makes it a good candidate for investment.
Possible Breakout Scenario in Near FutureCap & Handle formed in LTTS. Should wait for price to breakout.
LTTS | Market Structure Breakout | Swing Trading IdeaChart Analysis
1) Stock on upward momentum to fill the sudden drop
2) Market Structure Breakout happened and consolidation on going
3) Taking EMA support and volume support for strong upward momentum
Ending Diagonal LTTS - Might give 9-10% Bounce Ending Diagonal LTTS - Might give 9-10% Bounce from current Levels
