LTIM - Technical Analysis

Last Updated Time : 02 Aug 25, 12:58 am

Technical Rating: 3.1

Here’s a detailed technical analysis of LTIMindtree Ltd (LTIM) based on current indicators and price behavior

📊 Trend Overview

Current Trend: Bearish / Reversing

Price Action: Trading below both 50 DMA (₹5,177) and 200 DMA (₹5,261) — confirms downward pressure.

52W Index (42.3%): Price is significantly off its 52-week high (₹6,768), suggesting a prolonged correction or trend reversal.

📈 Momentum Indicators

RSI (39.7): Bearish zone — indicates weak momentum and potential for further downside.

MACD (-42.4): Strongly negative — confirms bearish momentum and lack of buying strength.

Volume: Below 1-week average — suggests declining interest and low conviction from buyers.

📉 Volatility & Bands

Bollinger Bands: Price likely near lower band — signals oversold conditions but not a confirmed reversal.

Volatility: Moderate to high — price swings may persist, caution advised.

📌 Support & Resistance Zones

Level Price (₹)

Immediate Support 4,950–5,000

Strong Support 4,800–4,850

Resistance 1 5,177 (50 DMA)

Resistance 2 5,261 (200 DMA)

Resistance 3 5,500–5,600 (psychological zone)

🎯 Entry & Exit Zones

Optimal Entry: ₹4,950–₹5,056 (if price stabilizes near support)

Exit / Profit Booking: ₹5,261–₹5,500 (if price rebounds toward resistance)

🔍 Short-Term Signals

Momentum: Weak — RSI and MACD both suggest bearish bias.

Trendline: Price below key averages — confirms downtrend.

Consolidation: Possible near ₹5,000 before next directional move.

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