Resistance at 1470, Long sell setup possible. Up to to 970 (Support Price)
LTTS ready for Upmove I am an amateur trader and not a professional trader. so, please verify at your end before initiating a trade in this counter. Please comment if I need to observe some more important things.
#LTTS CMP 1652 Long suggested above 1680. Stop 1600 Target Open #VCP #Volatilitycontractionpattern
Date EPS %Chg Sales(Cr) %Chg Jun-18 19.28 +100% 1,152.2 +40% Mar-18 15.52 +64% 1,054.8 +30% Dec-17 12.36 +16% 969.1 +20% Sep-17 12.04 +10% 900.6 +9% Jun-17 9.66 -12% 822.6 +2%
LTTS CMP 1293 Underlying trend is evidently up with stock above 50/150/200 ma with all MAs upward sloping. Stock currently in consolidation phase with buying happening at upmoves within consolidation zone. Buying suggested ONLY IF STOCK MOVES ABOVE 1390 LEVELS WITH GOOD VOLUMES. Once buy gets triggered, Stop should be at 1280 and Target for the stock is 1600 plus,...