#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.
LTTS trade ideas
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 !
LTTS - STRONG BREAKOUTLTTS - Continuing with previous post for LTTS...I think Impulse move has started...Look at bigger picture...
LTTS - HEADING TOWARDS 4500 ZONESLTTS is clearly in channel and it is heading towards 4500...Buy on all the dips...
lttsbagged a $50 million five-year contract from a global technology company for product enhancement.
LTTS on retest post brange breakoutLTTS currently under retest and above strong demand zone after good breakout. expecting small upward movement
Ascending Triangle Forming in LTTSLTTS is consolidating in an ascending triangle pattern.
The pattern is usually a bullish continuation pattern. Chances are price might breakout on upside from the triangle.
Add this stock in your watchlist and wait for the breakout.
LTTS - Bullish ConsolidationNSE: LTTS is closing with a bullish consolidation candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 8% to 12% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
LTTS - Weekly AnalysisIn the Weekly Chart of LTTS ,
we can see that; it has retested the W pattern breakout.
Expecting higher targets from here.
LTTS Triangle pattern and double bottomTriangle pattern and double bottom pattern there .
Double bottom neck line place now market.
We can expect bullish.
LTTSLTTS cmp 3837.35 dt 20-5-2023
again near breakout lavel or multiply resistant zone
play safe and wait for conformation
L&T Technology May Reverse From Current PriceThis is the weekly chart & based on the current scenario, it seems that it should go down...It's a corrective pattern that is getting formed....C wave should start soon & speed will be high for this.....
If you are holding it, You can hold it with a stop-Loss of 3750.....
As B Wave is still forming so it can form irregular corrections. If sustained above 3900, It can go up to 4100-4200 then can fall...
But, if 3750 is taken out, expect an awesome downfall
LTTS - Short term breakout Good RR LTTS - Short term breakout Good RR : 1:10
PS : Only for learning purpose. Please consult your financial advisor for trading trade or investing.
LTTS - Weekly AnalysisIn the Weekly Chart of LTTS ,
we can see that, it is at decision making.
Lets see if it gives breakout of W Pattern or Goes down by making M pattern.
Go long Till 5250 if you are entering.
LTTS - Weekly AnalysisIn the Weekly Chart of LTTS ,
we can see that, it has shown a recovery in W pattern.
Also it has been retested.
Enter with SL and GO Long.
LTTS - MEDIUM TERM PICKLTTS Structure is looking good...3800 looks like resistance and 3560 3600 is support zone...
Consolidation is almost completed above 3750 start adding in parts..
April Futures are available at 80 to 90 Rs discount compared to Spot price...
Stop 3500 on closing basis...
Target for medium term around 4700 4800
Positional Pick
LTTSLTTS is on a breakout. If we get a strong close in the weekly chart, the downtrend will change to an uptrend.
LTTS Buy for intraday tradingLTTS Buy for intraday trading if stock breaks the given resistance level................
