LTTS | Weekly Breakout | Results TradeLTTS after giving a huge retracement has started its journey upwards.
It has just given a breakout of Rounding Resistance.
Rsi levels rising too.
Buy : <4200
Target : 5200
SL: close below trendline
LTTS trade ideas
Ascending Triangle pattern breakout in LTTSL & T TECHNOLOGY SERV
Key highlights: 💡⚡
✅On 1Hour Time Frame Stock Showing Breakout of Ascending triangle Pattern .
✅Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 4500+.
✅Can Go short in this stock by placing a stop loss below 4260-.
LttsI can go long after its resistance level break with a big volume, then my two upper target could be done.
LTTS testing breakoutBounce from strong support line
RSI 60 and rising
Above 40 EMA
Wait for the breakout above the resistance zone
LTTS - At Crucial LevelAs you see on the charts, the stock price is struggling at the crucial resistance zone. If not able to cross and sustain above 4300, may go weak for some time. Possible targets are indicated.
Only for learning and sharing purposes, not a piece of trading advice in any form.
Please share your views about the idea.
All the best.
LTTSENTRY TARGET SL Mention in the chart.
ALWAYS TAKE TRADE WITH CONFIRMATION
Note : Trading in any financial market is very risky. I post ideas for educational purpose only. It is not financial advice. Do not hold us responsible for any potential loss you may incur. Please consult your financial adviser before trading.
LTTS near breakout of ascending triangle buy on dipsLTTS is bullish buy on dips
1. Near Breakout of ascending Triangle on weekly chart
2. Harmonic pattern on weekly chart
3. Walking on upper Bollinger band on weekly
4. Daily / weekly RSI above 60
Buy on dips with TGT 5200- 5400 and SL below 3760
I am not an expert, I just share interesting charts here. Please seek expert opinion before investing and trading because trading / investing in stock market is subject to market risks. I do not hold any position in this stock as on date, However I will look forward to add the same in my portfolio on dips
LTTS BULLISH STRUCUTRE PROS
Company is almost debt free.
Company has a good return on equity (ROE) track record: 3 Years ROE 23.7%
Company has been maintaining a healthy dividend payout of 38.0%
BREAKOUT, L&T TECH, 57% RETURNS!!!BUY - L&T TECHNOLOGY SERVICES
CMP - Rs. 4142
Target - 1: Rs. 5068
Target - 2: Rs. 5731
Target - 3: Rs. 6518
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Timeframe - 9-12 months
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Technicals - Bullish Flag Breakout
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This is just a view by an expert analyst, please invest at your own risk.
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LTTS - Weekly AnalysisIn the Weekly Chart of LTTS ,
we can see that; it has created a Hammer candle on Support Trendline.
Enter on breaking its HIGH with LOW as SL.
Hold till 5200.
LTTS - Important zonesKey highlights:
- Approaching the daily demand zone
- We have a weekly demand zone just below the daily demand zone
- Can give a positive reaction if buyers turn up
- 200 weekly EMA is coinciding with the daily demand zone
- HTF structure is bullish
- Weekly supply zone at 4850-5300
Disclaimer: This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk.
Happy learning. Cheers!
Rajat Kumar Singh (@johntradingwick)
Community Manager (India), TradingView
L&T Technology Services- Broke out of 77 days long flat consolidation
- Good volumes on the breakout.
- Price is still trading above the high of the BO candle
- Can move higher in the coming weeks, if it manages to push above 4200-4300.
Disclaimer: This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk.
decoding IT sector with upto 50% retruns within yearcovers more on the IT sector along with the stocks which are availabe @ 50% discounted price
LTTS ANALYSISChange in trend and a clear reversal . Bottom formation and breakout on longer time frame
LTTS PARRELEL CHANNEL BREAKOUTLTTSis coming out from a parrelel channel
with good volume hot RSI
MACD crossover on 14 july
immediate #target can be 4300
educational idea
Only for investors - Monthly log chart This is only for long term investors . Short term investors should book profits at 4377 and then wait for a correction to re enter . Regards
LTTSLTTS
Traders would use any rise to short near 3920
SL 4050
If works out Target 3460
Risky since overall market is bullish.
For better risk to reward short on rise only
LTTS Target 4300LTTS on a daily time frame
Range breakout
Entry above 4050
SL 3970
Target 4300
Note:- Education purpose only.. not advice to buy...
LTTS testing the upper limit of a short parallel channel. Good quality mid-cap IT stock, about to break out with the rest of the IT peers.
LTTS - Triangle pattern breakout - 5% upside potentialLTTS has given triangle pattern breakout from resistance line zone of 3960-3970.
Target: 4180-4190 levels.
SL: Hrly candle close below 3950
