LTI
LTIMINDTREE Low risk high reward ideaNSE: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 #MINDTREE #LTI #LTTS #INFY #TCS #CNXIT #WIPRO #COFORGE#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 levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.
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With 💚 from Rachit Sethia
A bull run is on the way, SL 4950 on day closing basis >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
MINDTREE is forming triangle patternNSE: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 Mindtree will be issued shares of LTI at the ratio of 73 shares of LTI for every 100 shares of Mindtree. The new shares of LTI so issued will be traded on the NSE and BSE. Larsen & Toubro Limited will hold 68.73 % of LTI after the merger.
Key note : Always follow proper risk management to avoid losing capital from false breakouts as this is common.
Caution : This is a knowledge sharing analysis, not a call.
Profits are not made from following ideas, but by following Risk Management .
LTI - BREAKOUT📊 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 maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Larsen and tourbo InfotechLarsen 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
LTL&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
LTI LONG BUY - IT boomingOut 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 risk ratio (~ 3.98)
Trade Details:
Entry: 7150 or below
Stop Loss : 6950
Target: 8000
Duration : 3-4 weeks
As this stock has a earning release today, we may see a gap up on today.
Stay Safe, Happy Investing:)
Bazaar Ki Baatein: What lies ahead for Nifty and the Indian mktsWeekly analysis of Nifty, Banknifty and the top gainers & losers among FNO stocks.
LTIGood consolidation at 6500 to 6900 level close above 6900 can lead to new all time high with days low as sl. Looking good on chart not trading personally will watch
LTI - NEoWaveLTI 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.
Larsen and Toubro Infotech (LTI) 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 that the stock is getting subdivided in wave 3 as shown in chart, as per trend based fibonacci extension the stock can possibly rise towards 4697 where wave 3 would be equal to wave 1, once 4697 is breached the up move can stretch higher towards 5143 161.8% of wave 1,
On the way down, the recent low of 4220 and 20 DMA of 4164 will provide support in near term.
One can go long at current level or in dips if any.
Wave Structure and key levels
Both Breakout candles having good intensity of Volume
Macd in Weekly, positive crossover and Uptick and also above zero line
Macd in daily positive crossover and Uptick and also above zero line
Rsi in Weekly Uptick and also above 60
Rsi in Daily above 60
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
#LTI.L (UK fund) at new P/E lows.LTI.L - technicals are horrible now the 38.2% level has been breached, but I think this might be a false breakdown, as the P/E ratio is the lowest in its history. Buy for a recovery to 1516p? The drop has largely been caused by the Morningstar downgrade and the removal from HL Top funds for conflict reasons. The fund itself is fairly solid.
