On weekly chart It has touched the same high previous week (15/12/23) and crossed the same today (20/12/23) and afterwards selling...
Hypothesis
If it crosses 5300/- then BO confirmation will happen..
Entry >5300/-
Target 6060
SL 4920
Refer the chart for Entry,Target and SL.
NOTE: This trade is only for Equity Swing buy and not to be considered for options trading.
Please do follow Position Sizing and Risk Reward Ratio while planning any trades.
Note: This information is for education purpose only and please do your own research and consult your financial advisor prior to taking any...
pull back and green possible tomorrow or large red candle. Extreme selling pressure. This is only for super risky.
Super risky trade.
SELL position with Stop loss and hedge. Please consult your financial advisior.
LTTS Looking good for a long trade setup. Here are my top reasons
- At weekly key level, resistance turned support
- Hammer candle at daily timeframe showing bullishness
- At fib golden retracement area
- Support of EMA 100
- Trendline support too
I am going long after a double bottom is formed at 1 hour timeframe. Do your own research before entry.
📈 Exciting Bearish Pattern Alert!
📊 Pattern: Rising Channel
📌 Symbol/Asset: LTTS
🔍 Description: Stock is in a rising channel and its around the Resistance. So we might see downside till support area.
👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation. Technical patterns are just one piece of the puzzle. Consider...
LTTS is in bullish mode as per Dow theory H-H and H-L formation seen on chart. It is trading with the support of trendline also cross and sustain upper side resistance level 4300.
It may test 5000+ soon
L&T TECHNOLOGY SERVICES LTD
Key highlights: 💡⚡
✅On 1Hour Time Frame Stock Showing Breakout of Bullish Flag Pattern.
✅ Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 5040+.
✅Can Go Long in this stock by placing a stop loss below 4575-.
Markets are weak in general. DXY going up, Asian markets going down. However the global scenario changes on a dime these days - and China has been a train wreck in slow motion for months if not years.
Indian equities still the place to be - might make sense to stick to strong names. I like LTTS because
Strong results - mid cap IT name unlike the Infy, TCS...
In the Weekly Chart of LTTS ,
we can see that, it has given range breakout.
Let it retest and then enter with SL and targets.
Expected momentum is shown in chart.
LTTS on weekly chart. Came out of the triangle pattern, and near the demand zone. IT sector has corrected much and NASDAQ is looking bullish. Can go long on CMP @ 3800 with SL around the below the weekly green candle (for short term traders). Target is OPEN
disclaimer: this is not a call, do your own due diligence before entering. I am not responsible for your...
