RSI showing strength. Rising volumes. Trend line support.
GOOD FOR BUY ABOVE 2665 ON CLOSING BASIS & TARGET WILL BE 2800++ IN COMING DAYS
All levels are mentioned on chart. Happy Learning :)
For intraday traders LTTS could give a moving process of 50 rs on any trend side , depending on opening. The strong R2 is 2850 R1. 2800 Support is S1 2750 S2. 2700. Hope something big could be make out with this trade.
lets find long trade if some reversal pattern formed in the buying box(Zone)..... Red Line is SL for that Long
Breakout with volumes after long term consolidation. 2700 levels likely as per technical analysis. Chart and analysis only for educational purpose.
Buy L&T Technology above 1391, Target-1780, SL-1280 on closing basis.
All levels given in chart. Nifty is in red. Probability of this call will also increase.
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%