Lttslong
LTTS Long for Swing and investingLTTS has created a base and seems reversing , closed above resistance trendline/channel.
Upmove came with huge buying volume.
Seems good for swing and investment.
Investros can enter near 3400, add more around 3350,3300, 3200 if it comes to that. Targets are 3500, 3600, 3700, 3800, 4000, 5000+
Swing traders can keep SL of 3180 on closing basis.
Swing Targets 3500, 3600, 3700 and may be 3800+ too
Pl like and follow.
-Saptarish Trading
LTTS LONG BUY - IT BOOMING AGAIN !!The stock is at a good support level and also near the trendline support, following from July 2021.
As IT sector started booming again , as per my view, We may see this stock hit 6500 in near weeks.
IT sector view : looks bullish for next couple of weeks (Below in the Weekly chart of CNXIT)
The stock is a good pick for swing trade, has a good reward to risk ratio (~ 1.9)
Trade Details:
Entry: 5650 or below
Stop Loss : 5300
Target: 6300, 6500
Duration: 3-4 weeks
The stock has a earning release today, 17 Jan 2022 we may see a gap up in opening today.
Stay Safe, Happy Investing:)