LT should bearish for short term expecting 5% downfall
NSE:LTIM has given a breakout and closed above 4515. My idea is to take entry at 4515 with stop loss of 4325 (-190 points risk). My expected upside target will be 4925 (+410 points). Note: This is my personal analysis, only for learning. Thanks.
#MTARTECH NSE: MTARTECH CMP: 1737.80 TARGET: 2200 SL: 1550 RR: >2.5 times Return > 26% Timeframe: <6M CAN BREAK ALL-TIME HIGH IN FUTURE Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE...
>Breaking out 5k level >Breaking the LL pattern >Reversing from 61.8% retracement from previous monthly swing > Small SL, High return >Closed above 200 MA on weekly TF >SL 4950 on day closing basis >Target 100% on a long run
NSE:MINDTREE large cap IT stock is forming triangle pattern. Even though it breaks triangle's resistance, only after breaking US resistance, good up move can be expected in IT stocks. However with trailing SL after strong break can be tired. Also know this news: NSE:MINDTREE and NSE:LTI to be merged. Upon the scheme becoming effective, all shareholders of...
📊 Script: LTI (Larsen & Toubro Infotech Limited) 📊 Nifty50 Stock: NO 📊 Sector: IT, Commercial Services 📈 LTI is about to break upper band of BB (Bollinger Band). 📈 There is cross over of Double Moving Average. 📈 Positive Cross Over on weekly time frame in MACD. 📈 Right now RSI is around 65. 🟢 Target 🎯🏆 - 5131 ⚠️ Stoploss ☠️🚫 - 4464 ⚠️ Important: Always...
Larsen and tourbo Infotech 1 day chart it's making Descending triangle pattern may it can give upper side breakout . SL will be below support zone
L&T has broken major resistance of 1590-1600 in monthly and weekly timeframe showing heavy weakness in the chart am expecting trgt upto 1350-1330 etc and going on we can buy puts
Out of the 10 stocks in NSE:CNXIT index , NSE:LTI has 5.94% weightage. The stock is at a good support level and also in a trendline support, following from July 2021. As IT sector started booming again , as per my view, We may see this stock hit 8000 in near weeks. IT sector view : looks bullish for next couple of weeks The trade seems in a good reward to...
Buy LTI Target 🎯 8000 because it's recently given major breakout
Weekly analysis of Nifty, Banknifty and the top gainers & losers among FNO stocks.
Buy LTI Target 🎯 7500 because it's have recently given major breakout
LTI has published good results, First it will go up and again come down to finish the wave-C. Next move has drawn using red line.
L&T infotech has been consolidating since january 2021 and consolidation has unfolded as flag pattern and recently it has given breakout of flag pattern (bullish continuation pattern) and has now turned sideways above breakout point, once the consolidation is done, the stock can resume its uptrend. the wave structure also suggests a positive outlook, it appears...