LTTS trade ideas
LTTS: Trending towards breakout.Disclaimer: Analysis for education purpose only. Seek financial advisor before making any decision
NSE:LTTS Analysis 04 Nov 2020Perfect Bounce from the Support Zone.
Previous Pivot High 1650.
Expected TGT 1900.
CRS in Strength
Price 3 years resistance levelPrice once again rejected from long time resistance levels. If price closes above the resistance levels in weekly then there is a good chance for the price to fly high !!
L&T TECHNOLOGY SERTargets on the chart can be achieved in 45 days.
Disclaimer : The opinions and analysis expressed herein are for informational and educational purposes only and should not be considered as individual investment advise or recommendations. I am not your financial advisor. Risk it for Biscuit.
LTTS Trading above the 20 MA and nearing multi time resistance attempts. A break above 1645 will push it higher to 1700, 1750, 1800 levels with a month's timeframe. Volumes are looking good too.
L&T Technology Services - Long NSE:LTTS
Action - Buy
Trend Line Breakout at 1653/-Rs
Target Price 1775/-Rs
Disclaimers: - The contents produced here are purely for Educational Purposes. They Should Not Be Constructed as Buy/Sell Recommendations
Financial Interest - Yes
LTTS BUY CALL FOR SWING TRADERAny of my investment or trades I share on my view are provided for educational purposes only and do not constitute specific financial, trading or investment advice. ... You must be aware of the risks and be willing to accept them in order to trade or invest in markets. Don't trade with money you can't afford to lose.
L&T Technology ServicesAs mentioned in the chart
*DISCLAIMER*
For educational purposes only. Not a recommendation.
Treat StopLoss as your best friend to get you out of troubles.
LTTS - INVESTMENT IDEA - TARGET 1492LTTS - TARGET 1492
The management of the company expects a healthy deal pipeline and good traction in focus areas such as Edge computing, Smart Manufacturing, IoT, Electric & Autonomous vehicles. Moreover, the company will continue to benefit from the strong managerial and operational support from its parent and the overall strength of the L&T brand.
Thus, it is expected that the stock will see a price target of Rs.1492 in 8 to 10 months time frame on an expected P/E of 19x and FY21 (E)
earnings of Rs.78.52.
