LTIM - Technical Analysis with Chart Patterns & Indicators

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

Technical Rating: 4.2

Here’s a comprehensive technical analysis of LTIMindtree Ltd. (LTIM)

📊 Trend Overview

Current Trend: 🔼 Trending Upward

Price is trading above both the 50-DMA (₹5,212) and 200-DMA (₹5,241), confirming a bullish structure.

The 52-week index at 58.2% shows the stock is mid-range, recovering from its low of ₹3,802.

RSI at 69.8 is approaching overbought territory, indicating strong momentum but caution for short-term traders.

MACD at 69.8 is highly positive, confirming bullish momentum and trend continuation.

📈 Moving Averages

50-DMA: ₹5,212 — Short-term support.

200-DMA: ₹5,241 — Long-term support.

Price Action: Current price of ₹5,528 is above both DMAs, reinforcing bullish sentiment.

📉 Momentum Indicators

RSI (14-day): 69.8 — Bullish zone, nearing overbought.

MACD: 69.8 — Strong bullish crossover, momentum accelerating.

Volume: 6.3 lakh vs 1-week avg of 2.7 lakh — Significant surge, confirming institutional interest and breakout strength.

📊 Bollinger Bands

Price likely near upper band — signals strength but also potential for short-term cooling.

Volatility expansion favors continuation, but RSI suggests watching for exhaustion.

📌 Support & Resistance Zones

Level Price (₹) Commentary

Support 1 5,400 Minor pullback zone

Support 2 5,212 50-DMA, strong technical support

Resistance 1 5,650 Minor resistance zone

Resistance 2 5,900–6,100 Trendline resistance zone

🎯 Entry & Exit Zones

Optimal Entry: ₹5,400–₹5,450 — On pullback from current levels.

Exit Zone: ₹5,650–₹6,100 — Resistance zone for profit booking.

🔍 Short-Term Signals

Momentum: Very strong — MACD bullish, RSI elevated.

Breakout Potential: High — Volume and price action support continuation.

Bias: Bullish — Trend intact, but short-term caution due to RSI.

🧭 Summary

LTIM is currently trending upward with strong technical indicators. Price action above key moving averages, surging volume, and a bullish MACD suggest continued strength. However, RSI nearing 70 warns of short-term exhaustion. Traders may consider entering on dips near ₹5,400–₹5,450 and targeting ₹5,650–₹6,100 for exits. A breakout above ₹5,650 with sustained volume could push the stock toward ₹6,300+ levels.

Would you like a comparison with other IT midcaps or alerts for RSI cooling and re-entry?

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