LTIM - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 05 Nov 25, 7:43 am

Technical Rating: 4.2

📈 LTIM is trending upward with strong momentum indicators and trading above key moving averages, supported by healthy volume and bullish sentiment.

📊 Technical Analysis

• Trend: The stock is trending upward, trading above both 50 DMA (₹5,396) and 200 DMA (₹5,291), indicating sustained bullish momentum.
• Moving Averages: Price is well above key averages, confirming strength and trend continuation.
• RSI (64.6): In bullish territory, suggesting strong momentum but nearing overbought zone.
• MACD (103): Strongly positive, reinforcing bullish sentiment and upward momentum.
• Bollinger Bands: Price is near the upper band, indicating strength but also potential for short-term consolidation.
• Volume: Current volume (2.28L) is slightly above 1-week average (2.08L), showing healthy participation.

🎯 Entry & Exit Zones

• Support Zone: ₹5,600 – ₹5,650 (recent base and psychological support)
• Resistance Zone: ₹5,750 – ₹5,850 (minor swing highs and upper Bollinger band)
• Optimal Entry: ₹5,620 – ₹5,690 (on pullback with RSI holding above 60)
• Exit Target: ₹5,850 – ₹6,000 (short-term breakout zone)

✅ Positive

• Strong ROCE (27.6%) and ROE (21.6%) reflect efficient capital deployment.
• EPS of ₹162 and PEG ratio of 8.07 suggest high growth expectations.
• Low debt-to-equity ratio (0.10) indicates financial stability.
• DII holding increased by 0.47%, showing domestic institutional confidence.

⚠️ Limitation

• RSI nearing overbought levels may lead to short-term consolidation.
• High PEG ratio (8.07) suggests premium valuation relative to growth.
• Price is still below its 52-week high of ₹6,768, indicating overhead resistance.

📉 Company Negative News

• FII holding decreased by 0.22%, indicating cautious foreign sentiment.

📈 Company Positive News

• Quarterly PAT improved from ₹1,297 Cr. to ₹1,386 Cr., showing earnings growth.
• Price action above moving averages and strong MACD signal support bullish outlook.

💻 Industry

• Industry P/E is 29.6, slightly lower than LTIM’s 35.2, suggesting moderate overvaluation.
• IT services sector is growth-oriented and driven by global digital transformation and outsourcing demand.

🧾 Conclusion

• LTIM is currently trending with strong technical indicators and bullish sentiment.
• Short-term traders may consider entering near ₹5,650 with a target of ₹6,000, maintaining stop-loss below ₹5,600.
• Long-term investors may find value in the stock given its growth metrics and strong fundamentals.