LTTS trade ideas
LTTS BREAKOUT RESISTANCE ZONE AND CUP AND HANDLE PATTERN**Explanation:**
This trading system helps you avoid blind trades by providing confirmation for better entries and exits. It considers volume, past prices, and price range.
**Entry/Exit Points:**
- **Entry/Exit Lines:** Use the GREEN line for long trades and the RED line for short trades, based on confirmation from your trading plan.
- **Stop Loss:** For long trades, set the stop loss at the RED line below. For short trades, set it at the GREEN line above.
- **Take Profit:** For long trades, target the next RED line above. For short trades, target the next GREEN line below.
**Timeframe:**
Use a M timeframe for trading.
**Risk Disclaimer:**
This setup is for educational purposes. I'm not responsible for your gains or losses. Check the chart for more details.
L&T Technology Services Ltd
Target mentioned in chart - Longterm play
FUNDAMENTALS
Market Cap
₹ 60,020 Cr.
Current Price
₹ 5,671
High / Low
₹ 6,000 / 4,107
Stock P/E
47.2
Book Value
₹ 478
Dividend Yield
0.88 %
ROCE
33.4 %
ROE
25.8 %
Face Value
₹ 2.00
Price to book value
11.9
Intrinsic Value
₹ 1,912
PEG Ratio
4.19
Price to Sales
6.76
Debt
₹ 627 Cr.
Debt to equity
0.12
Int Coverage
36.4
Reserves
₹ 5,030 Cr.
Promoter holding
73.7 %
Pledged percentage
0.00 %
EPS last year
₹ 119
Net CF
₹ 463 Cr.
Price to Cash Flow
44.7
Free Cash Flow
₹ 1,101 Cr.
OPM last year
21.1 %
Return on assets
15.1 %
Industry PE
36.1
Sales growth
8.69 %
LLTS LONGLLTS has formed a cup with handle technical pattern which indicates a target of 50%. Must wait for breakout and retest and then you can plan your entry.
SWING IDEA - L&T TECHNOLOGY SERVICESL&T Technology Services (LTTS) is showing technical signals that suggest a promising swing trading opportunity.
Reasons are listed below :
4700 Resistance Zone Breakout and Retest : The 4700 level has been a significant resistance zone. The price broke above this level, retested it, and is now continuing its upward move, indicating strong bullish momentum.
Bullish Engulfing Candle on Daily Timeframe : The formation of a bullish engulfing candle on the daily chart signifies strong buying pressure and suggests potential for further upward movement.
200 EMA Support on Daily Timeframe : The stock is finding support at the 200-day exponential moving average (EMA), reinforcing the overall bullish sentiment and providing a strong support level.
0.382 Fibonacci Support : The price is also supported by the 0.382 Fibonacci retracement level, further strengthening the case for an upward move.
Target - 5420 // 5870
Stoploss - daily close below 4390
DISCLAIMER -
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@visionary.growth.insights
GRAB It Before Breakout...L&T Technology Service Ltd seen a breakout above 5800. Now its trading in range upto 4800-5800. You can watch a big upside move after breakout and its next resisence is 8000-8200...
L&T TECHNOLOGY GOODLTTS is an engineering services provider incorporated in 2012, offers engineering,, research and development (ER&D) and digitalization solutions to companies in the areas such as Transportation, Industrial Products, Telecom and Hi-Tech, Medical Devices and Plant
Engineering. LTTS’ customer base includes 69 Fortune 500 companies and 53 of the world’s top ER&D companies
LTTSSupport and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support.
L&T TARGET 5130 STOP LOSS 4818Script is continuously bullish in fourth day and also weekly close above the weekly strong resistance of 4904. if sustains above 4904 in intraday it will reach the next target of 5130
LTTS: Beautiful Breakout But ...The chart should give you everything you need to know. But here are some pointers for those who like to read:
- A beautiful Symmetric Triangle breakout. The support and resistance trendlines were religiously followed. Thus, making the pattern stronger.
- The consolidation period was a good 15 months. Every IT company has gone through the pain.
- We have defined support and resistance zones. The triangle breakout is good but is exactly near the Crucial resistance zone.
- A break and sustenance of it will be crucial for the future upmove.
- We have a 5000 psychological level sitting on the top as our first target
- Nifty IT is also gearing up for some long-due momentum. This should give a push.
What should we analyze next??
Have Requests, Questions, or Suggestions? Let us know in the comments below.👇
While you do that, how about a boost for some motivation🚀
⚠️Disclaimer: We are not registered advisors. The views expressed here are merely personal opinions. Irrespective of the language used, Nothing mentioned here should be considered as advice or recommendation. Please consult with your financial advisors before making any investment decisions. Like everybody else, we too can be wrong at times ✌🏻
LTTS BRAKEOUT ON 1 HOUR CHARTNSE:LTTS
Ltts is a very reputed company . its gives brake out on 1h chart.
Buy rate 4650
sl 4550
target 4900
LTTS weekly chart round bottomLTTS weekly Chart
Round bottom pattern
2 years high breaking IT stocks
support 4810
resistance 5833
USA inflation has ease
expected level ?
ASCENDING TRIANGLELLTS 15M
Analysis:
The trend is in upward and the price is not making higher high forming a resistance while the price is making higher lows and taking support on trendline.
LTTS is facing ResistanceLTTS can be a good buy or sell for tomorrow as it is an all-time high.
If it breaks the level of 5560 then take buy-side trade but be careful as the market is bearish and you are on an all-time high.
And if it gives any rejection candle in 5 min. timeframe and confirm its reversal move by another bearish candle then take the sell side trade and targets can be 5546,5526. Further, it can also fill the gap and the target would be 5388 i.e. 200 EMA.
LTTS Yesterday on resistance a big marubozu candle generate a signal & today confirm candle stick pattern. Market sentiments very Bearish.
Macd also indicate some downside move possible
RSI indicate bearish
Make a fresh short when today low break.
Disclaimer This is my personal view for education purpose only
No Buy sell recommendations
LTTS - Intraday Pick for 07-12-2023INTRADAY TRADE
LTTS Looks Good ABOVE 4873
SL 4754
Targets 4932.25-4991-5074 points from entry
Hold few Months
Please consult your financial advisor before investing
All research for educational purposes only.
#LTTS looks amazing for a long#LTTS
L&T Technology Services as well looks amazing. Moving fast towards ATH and then sky is the limit.
Breaking a crucial level today.
L&T Technology Services LtdTARGET AND STOP LOSS GIVEN IN THE CHART
Market Cap
₹ 44,017 Cr.
Current Price
₹ 4,168
Stock P/E
35.6
Book Value
₹ 469
Dividend Yield
1.08 %
ROCE
32.8 %
ROE
25.0 %
Face Value
₹ 2.00
Promoter holding
73.8 %
EPS last year
₹ 111
EPS latest quarter
₹ 29.4
Debt
₹ 454 Cr.
Pledged percentage
0.00 %
Net CF
₹ 290 Cr.
Price to Cash Flow
33.8
Free Cash Flow
₹ 1,132 Cr.
Debt to equity
0.09
OPM last year
21.4 %
OPM 5Year
20.0 %
Reserves
₹ 4,930 Cr.
Price to book value
8.89
Int Coverage
39.0
PEG Ratio
2.02
Volume
6,53,708
Price to Sales
5.05
LTTS Try for Breakout but not success today Wait for tomorrow
Chart setup is good for long volume also show strength
NIFTY IT show strength
So more chances to upside possible in IT Stocks.
Macd Bullish
RSI Bullish
Moving averages also indicate Bullish on chart.
Disclaimer:- This is my personal view for education purpose only.
No Buy sell recommendations.
Bullish on Indian Tech StocksThe top 4 Tech Charts look strong and bullish, InfoSys being the weakest of the bunch and chugging along.
As long as the prices stay above the Green Trap Zone we are Bullish on these 4 symbols.
Boost Ideas If you like and lets Go !
