LTIM trade ideas
Buying Opportuninty on LTI MindtreeUsing Envelope and Knoxville indicators (80% accuracy) gives a good buying signal on LTIMindtree. We can expect an increase of 20-30% in price in the next few (3-6) months.
Explanation -
As you can see, the stock is clearly below the 14% margin line (bottom blue line) of the 200-day moving average in the envelope indicator, signaling a strong buy.
Also, the Knoxville downward red line was created at the start of March, and the current price is below that, which adds to the buying opportunity and makes a perfect short-term swing trade.
LEMONTREE HOTELS 240 MINS TIME FRAMEThe Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart).
Note: Its my view only and its for educational purpose only. Only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only (strategies). we don't focus on the short term moves, we look for only for Bullish or Bearish Impulsive moves on the setups after a good price action is formed as per the strategy. we never get into corrective moves. because it will test our patience and also it will be a bullish or a bearish trap. and try trade the big moves.
We do not get into bullish or bearish traps. We anticipate and get into only big bullish or bearish moves (Impulsive Moves). Just ride the Bullish or Bearish Impulsive Move. Learn & Know the Complete Market Cycle.
Buy Low and Sell High Concept. Buy at Cheaper Price and Sell at Expensive Price.
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Tradelikemee Academy
Saanjayy KG
LTIMHi,
LTIM stock is at strong support level which is marked as green zone.
Stop loss will be below closing of green zone. Targets 1 and 2 are marked in the chart.
This idea is for Educational purpose and paper trading only. Please consult your financial advisor before investing or making any position. Facts or Data given above may be slightly incorrect. We are not SEBI registered.
LTIM: Preempting a Cup and Handle & Long-Term Horizontal Breakou🚀 LTIM: Preempting a Cup and Handle & Long-Term Horizontal Breakout! 🚀
Current Market Price: 6261
Stop Loss: 5570
Target: 8271
LTIMindtree is on the verge of a major breakout, presenting an exciting opportunity. The IT sector’s strength adds confidence to this move, with the horizontal resistance at 6495 being tested multiple times and now poised for a potential breakout.
📈 Strategy:
Consider creating positions in a staggered way to minimize risk and manage the larger stop loss effectively.
Watch closely for the breakout confirmation to add momentum to your trade.
📉 Disclaimer: As a non-SEBI registered analyst, I recommend conducting thorough research or seeking advice from financial professionals before making investment decisions.
#LTIMindtree #MarketAnalysis #CupAndHandle #TechnicalBreakout #ITSector #InvestmentOpportunities #RiskManagement
LTI Mindtree - Short Term AnalysisIn the short to medium term, LTI Mindtree exhibits promising prospects, with the potential to reach a target range of 7350-7550 once it surpasses and maintains a position above 6787. Conversely, critical short-term short covering levels are 6143 and 5991. However, the validity of this analysis will be rendered invalid if LTI Mindtree breaches 5991 on the downside.
LTIMINDTREE LTD | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# LTIMINDTREE LTD
- Triple Formation | Uptrend
* Retracement At 50%
* 012345 | Subdivision 1
* 012345 | Subdivision 2
- Wedge Structure | Base Interlude
Active Sessions On Relevant Range & Elemented Probabilities;
London(Upwards) - NYC(Downwards)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Neutral
LTIM looking strong amid a falling marketLTIM is a resilient IT stock amidst a falling Market.
The price action on this scrip has been quite Bullish this month.
Those looking to play in the F&O s pace can build a long position once price closes above 6000 level today or tomorrow.
Target would be 6300.
Either go for an ATM or slightly OTM option.
MINDTREE S/RSupport and Resistance Levels:
Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline.
Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down.
Breakouts:
Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold.
Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying.
20 EMA (Exponential Moving Average):
Above 20 EMA(50 EMA): If the stock price is above the 20 EMA, it suggests a potential uptrend or bullish momentum.
Below 20 EMA: If the stock price is below the 20 EMA, it indicates a potential downtrend or bearish momentum.
Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set.
Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward.
Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop.
RSI: RSI readings greater than the 70 level are overbought territory, and RSI readings lower than the 30 level are considered oversold territory.
Combining RSI with Support and Resistance:
Support Level: This is a price level where a stock tends to find buying interest, preventing it from falling further. If RSI is showing an oversold condition (below 30) and the price is near or at a strong support level, it could be a good buy signal.
Resistance Level: This is a price level where a stock tends to find selling interest, preventing it from rising further. If RSI is showing an overbought condition (above 70) and the price is near or at a strong resistance level, it could be a signal to sell or short the asset.
Disclaimer:
I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.
LT Mind TREE
MTF Analysis
LT MIND TREE Yearly Demand Breakout 6356
LT MIND TREE 6 Month Demand 4483
LT MIND TREE 6 Month Demand BUFL 5230
LT MIND TREE Qtrly Demand 4483
LT MIND TREE Qtrly Demand DMIP WIP 5450
LT MIND TREE Monthly Demand DMIP 4933
LT MIND TREE Weekly BUFL 5587
LT MIND TREE 240 m dmip 5587
ENTRY -1 5587
ENTRY -2 6150
Entry Avg 5869
SL 5257
RISK 330
Target 9589
REWARD POINT 4002
Last High 7588
RR 12.13
RR 72%
SWING IDEA - LTIMStock seems to have following the Trendline as given. There has been 4 touches so far on this trendline, indicating a strong Support formation.
If the stock continues to obey the trendline, it could revisit its Swing High again.
MACD Crossover also indicates a good bullish momentum.
While there us a Support formed at 4748 level, even our Trendline intersects at the same region in the coming weeks. So if you want a better entry, you can wait for a retest at the Trendline again and then take an entry based on your Risk Management.
LTIM LONG BUY TRADE IDEALTIM long trade idea
buy signal/call
1. stock have completed a cup & handle kind of pattern
2. consolidation of considerable time period happend at this breakout level
3. us fed cut will benefit this stock
4. strong fundamentals
5. big investors with healthy holdings
buy @ 6450 SL @ 6200-6300 target 1 - @7000 target 2nd @7500 target 3 @ 8000 target 4 @ 8500
time period - around coming 3-9 months
NSE:LTIM
LTIM M1LTIM
Pros:
Company has delivered good profit growth of 24.8% CAGR over last 5 years
Company has a good return on equity (ROE) track record: 3 Years ROE 29
Company has been maintaining a healthy dividend payout of 41.2%
Cons:
Stock is trading at 9.12 times its book value
Promoter holding has decreased over last 3 years: -5.65%
LTIM LONG 5587 RR 1:6.3LTIM
Current Price :
LTIM Daily Supply 6249
LTIM Weekly Supply 7121
MTF Analysis
LTIM Yearly BUFL 3698
LTIM 6 Month BUFL 4499
LTIM Qtrly BUFL 4499
LTIM Monthly Demand BUFL 4499
LTIM Monthly Demand DMIP 4543
LTIM Weekly DMIP 5587
LTIM Daily BUFL 5798
ENTRY 5587
SL 5100
Target 8655
Last High 7121
RR 6.30