LTTS Daily Analysis CMP 4810 Buying levels 4500-4300 Target 49LTTS Daily Analysis CMP 4810
Buying levels 4500-4300
Target 4900- 5100- 5300- 5555- 5800+
LTTS trade ideas
LTTS LONGLTTS is currently trading at a very crucial level.
It has been consolidating there for a while now.
LTTS CAN BLAST ANYTIME NOW
Target 1: 5830
Target 2: 5950
Very safe targets. Maintain strict SL @5540
FOLLOW FOR MORE IDEAS...
LIKE AND COMMENT WHAT YOU THINK ABOUT THIS...
Educational Price Action AnalysisIf CNXIT give the BO (see other analysis published) then this stock could give a BO as per price action...
Educational Price Action AnalysisWhen a stock crosses the highest OI price then it gives an impulse move like a bullet.. 5555 is that area only as 5500 is having highest OI.. T1 and T2 are marked with SL.. never enter into a stock before the entry point...
LTTI Target 5817 Breakout chance LTTI under trend breakout. Since IT sector is under bullish mode with breakout it will reach up to 10% increase
Triangle or Flag pattern breakoutAbove 200,50,20 DMA
Strong uptrend, followed by base formation on low volume(Accumulation Zone)
Can touch ATH, 6340 possible
MIDCAP IT - LTTS on Fibonacci 1st Short idea of this week, and its a MIDCAP IT Stock.. Strange🤞🏻!!
MIDCAP IT was firing last week but now LTTS showing some weakness at 61.8% Fibonacci levels.. indicates some profit booking for short term..
It is a risky trade as per current trend.. So, we may play it with a strict stoploss at 5401.15 (recent high)..
and if it favors then we might get our target a short time..
Levels in chart...
LTTSLTTS - a strong information technology nice VCP pattern formation need to keep an eye for breakout to new highs
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.
