LTTS is consolidating in an ascending triangle pattern. The pattern is usually a bullish continuation pattern. Chances are price might breakout on upside from the triangle. Add this stock in your watchlist and wait for the breakout.
NSE: LTTS is closing with a bullish consolidation candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 8% to 12% gain on deployed...
In the Weekly Chart of LTTS , we can see that; it has retested the W pattern breakout. Expecting higher targets from here.
Triangle pattern and double bottom pattern there . Double bottom neck line place now market. We can expect bullish.
Buy above high of breakout candle at 3850.05 stoploss at 3759.95
Breaking out resistance at 3918 Target 4000/4060/4150/4200 Keep sl below 3850
LTTS cmp 3837.35 dt 20-5-2023 again near breakout lavel or multiply resistant zone play safe and wait for conformation
This is the weekly chart & based on the current scenario, it seems that it should go down...It's a corrective pattern that is getting formed....C wave should start soon & speed will be high for this..... If you are holding it, You can hold it with a stop-Loss of 3750..... As B Wave is still forming so it can form irregular corrections. If sustained above 3900,...
LTTS - Short term breakout Good RR : 1:10 PS : Only for learning purpose. Please consult your financial advisor for trading trade or investing.
In the Weekly Chart of LTTS , we can see that, it is at decision making. Lets see if it gives breakout of W Pattern or Goes down by making M pattern. Go long Till 5250 if you are entering.
Reason for long a) Mr.14 set up b) Oi build up c) indicators support d) nifty and vix support e) IT index support SL compulsory
In the Weekly Chart of LTTS , we can see that, it has shown a recovery in W pattern. Also it has been retested. Enter with SL and GO Long.
LTTS Structure is looking good...3800 looks like resistance and 3560 3600 is support zone... Consolidation is almost completed above 3750 start adding in parts.. April Futures are available at 80 to 90 Rs discount compared to Spot price... Stop 3500 on closing basis... Target for medium term around 4700 4800 Positional Pick
LTTS is on a breakout. If we get a strong close in the weekly chart, the downtrend will change to an uptrend.
17/02/2023 LTTS CMP:3694.20 Target : 4000-4300-4500 SL:3550 Information is only for study purpose
LTTS Buy for intraday trading if stock breaks the given resistance level................
Reason for short a) monthly breakdown b) gap and go set up c) pattern breakdown SL compulsory