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 by aryansonawane2021
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 Longby harishnarayan25792
L&T TechnologyImportant points marked. *********Investing in equity is subjected to market risk do own research before investing******** Education purpose only.Longby sreekumars113
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.Longby Marketik4
LTTS Cup and handle on daily time frame even nifty it look strong sl- 4800 target - 5800 risk reward - 1 ratio 2 Longby Faizgazi2
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. Longby Abhyuday01Updated 8
Possible Breakout Scenario in Near FutureCap & Handle formed in LTTS. Should wait for price to breakout.Longby FinancialCord2
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 momentumLongby Bigfoot_Academy3
Buy in LTTSBuy LTTS Above 4800. For 2 targets. 1 - 5200 2 - 5580 View For 2-3 monthsLongby pushkarahire702
Ending Diagonal LTTS - Might give 9-10% Bounce Ending Diagonal LTTS - Might give 9-10% Bounce from current LevelsLongby harshit22Updated 225
LTTS NIFTY IT From Last Few MoNTHS EACH and every secort had performed very well and nifty it was in a range no IT stock had performed well from last year if u r looking for fresh buying option u can go for LTTS Longby Faizgazi4
LTTS at Good Support NSE:LTTS This Guy Falls Almost 16.3% in Last 20 - Days Now at Support Zone ( Previous Resistance acts as Support Now ) Wait For Weekly Closing and Enter any Reversal confirmation. Longby Maker-X19062
LTTS Double Topit has formed double top on weekly chart. however it is 10% away from support trendline. lets wait and watch how it reacts at trendline support.Shortby VijayBabuA0
10% upside in 2-3 weeks and then 1.5x in 1.5 to 2 yearsOpinion 10% upside (Rs.5955) in 2 weeks and then next target is Rs.8650 in 1.5 to 2 years CMP - Rs. 5232.10 Short Term Entry Buy when green candle closes above 5255. Long Term Entry Buy when green candle (G1) closes above 5828 and next candle closes above G1 candle Setup Fail If Price falls below 5125 then setup fails and strategy to be revised Basis of Opinion # Reason for Fall from 5955 to 5232 1. Bad market condition in foreign market & war like situation in Israel and Iran 2. Top 5 company in industry have fallen from past few weeks # Reason for Rise from 5232 1. Expected good results on 25th April 2024 2. Round bottom pattern from 2986 to 5828 so after 5828 breakout it may try to reach target at approx. 8650 in 1.5 to 2 years 3. Stong fundamental (ROCE>35%, Debt to Equit=0.10, Consistent sales growth) Caution 1. Indian Election Results may affect the whole market 2. American and European market slow down may affect the stock price (major revenue source)Longby CA_Nilesh_PurohitUpdated 222
LTTSLTTS CMP 5812 looks good above 5820 can go upto 8680 weak below 5100 (9-12 MONTH)Longby marketwala1
LTTSprice is traded at resistance area so it s possible chance that price will move down side This idea is for Educational purpose and paper trading only. Please consult your financial advisor before investing or making any position. Facts or Data given above may be slightly incorrect. We are not SEBI registered.Shortby RRC555Updated 2
LTTSThis stock respecting trend and can move upwards breaking the triangle pattern. One can enter with small stop loss. if you are benefited plz feed a poor. thanks Longby TommyGemFinderUpdated 1
the trend is strong and ready to explodeLTTS CMP 5419 FIbs- this stock is in a strong uptrend. A stock always takes a small dip post hitting its all time highs. This correction is a mere 38.2% from a higher swing. This is strength. Fib Ext and Trendline- the stock is likely to face major resistance around the 7300 zone. the trendline crossover point is in May 24 indicating that post breakout this stock can shoot to those levels very fast.Longby singh17vivek1
L & T Technology service ltd analysis on 24 Feb 24L & T Technology service ltd analysis on 24 Feb 24 Fundamentally strong stock breakout near 5200 add more quantity till its support near 5200 keep stoploss near 4675 big move possible after strong breakout @ 5800 (breakout after jan 2022 (all time high) all target above 5800 is base on Fibonacci level target 6000-6200 -6600Longby StockVaultt222
Short LTTSThe stock has formed a bearish head and shoulder reversal pattern on the daily time frame. The momentum oscillators are also at the extreme and there is a negative divergence which has developed. The neckline of the pattern has already been breached and the Next support is only around 5000 levels. All in all it is an excellent short setup.Shortby anshuman_051
LT Company again - Going for ATHLTTS Trying to break 2022 resistance. Stock is hovering around the resistance from few days. Wicks are becoming large. Both sides move is possible. Volumes should support for the price to reach ATH. With volumes stock can go 5700 5800 5995 (ATH). It may be a trap. Price is moving more points both directions. if we keep the SL very near there is a chance it hits. Risk Reward is not favorable if we keep long SL. No need to take trade. Learn how the price is moving. Apply it in future. Longby RS_VUpdated 0
Education purpose only - LTTSStock touched RVWAP and bounced and now consolidating.. In such scenario it should touch next resistance i.e. 5700 or 6000 One should keep in mind support level 5300 for SL..Longby navingoyal20031