LTFOODS - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 19 Sept 25, 2:16 pm

Technical Rating: 3.8

Here’s a detailed technical analysis of LT Foods Ltd. (LTFOODS)

📊 Trend Overview

Current Trend: 🔼 Trending Upward

Price is trading above both the 50-DMA (₹454) and 200-DMA (₹414), confirming a bullish structure.

The 52-week index at 76.4% shows the stock is in the upper quartile of its yearly range, recovering strongly from its low of ₹288.

RSI at 56.4 is in the neutral-to-bullish zone, suggesting steady momentum.

MACD at 1.06 is positive, indicating a bullish crossover and continuation.

📈 Moving Averages

50-DMA: ₹454 — Short-term support.

200-DMA: ₹414 — Long-term support.

Price Action: Current price of ₹464 is above both DMAs, reinforcing bullish sentiment.

📉 Momentum Indicators

RSI (14-day): 56.4 — Neutral to bullish, with room for upside.

MACD: 1.06 — Bullish crossover, momentum building.

Volume: 3.44 lakh vs 1-week avg of 5.11 lakh — Below average, suggesting mild consolidation or lack of conviction.

📊 Bollinger Bands

Price likely near middle-to-upper band — moderate volatility.

No squeeze or breakout pattern detected, but setup favors continuation if volume improves.

📌 Support & Resistance Zones

Level Price (₹) Commentary

Support 1 454 50-DMA, short-term support

Support 2 440 Previous swing low

Resistance 1 480 Minor resistance zone

Resistance 2 505–519 Trendline and 52-week high zone

🎯 Entry & Exit Zones

Optimal Entry: ₹454–₹460 — On pullback near 50-DMA.

Exit Zone: ₹480–₹510 — Resistance zone for profit booking.

🔍 Short-Term Signals

Momentum: Building — MACD bullish, RSI rising.

Breakout Potential: Moderate — Watch for volume surge above ₹480.

Bias: Bullish — Trend intact, but volume needs to pick up.

🧭 Summary

LTFOODS is currently trending upward, supported by price action above key moving averages and strengthening momentum indicators. Traders may consider entering near ₹454–₹460 and targeting ₹480–₹510 for exits. A breakout above ₹480 with volume could signal further upside toward its 52-week high.

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