LTTS - Technical Analysis
Last Updated Time : 02 Aug 25, 12:58 am
Back to Technical ListTechnical Rating: 3.2
Hereβs a detailed technical breakdown of L&T Technology Services Ltd (LTTS) based on current indicators and price behavior
π Trend Overview
Current Trend: Weakening / Reversing
Price Action: Trading below both 50 DMA (βΉ4,368) and 200 DMA (βΉ4,646) β signals bearish undertone.
52W Index (20.2%): Price is far from its 52-week high (βΉ6,000), indicating significant drawdown and lack of momentum.
π Momentum Indicators
RSI (44.8): Slightly bearish β below neutral zone, suggesting weakening buying interest.
MACD (-27.4): Strongly negative β confirms bearish momentum and possible continuation of downtrend.
Volume: Slightly above 1-week average β may indicate short-term interest but not enough to reverse trend.
π Volatility & Bands
Bollinger Bands: Price likely near lower band β suggests oversold conditions but not a confirmed reversal.
Volatility: Elevated β price swings may persist, caution advised.
π Support & Resistance Zones
Level Price (βΉ)
Immediate Support 4,200β4,250
Strong Support 3,850β3,900 (recent low)
Resistance 1 4,368 (50 DMA)
Resistance 2 4,646 (200 DMA)
Resistance 3 4,900β5,000 (psychological zone)
π― Entry & Exit Zones
Optimal Entry: βΉ4,200ββΉ4,287 (if price stabilizes near support)
Exit / Profit Booking: βΉ4,646ββΉ4,900 (if price rebounds toward resistance)
π Short-Term Signals
Momentum: Weak β RSI and MACD both suggest bearish bias.
Trendline: Price below key averages β confirms downtrend.
Consolidation: Possible near βΉ4,200ββΉ4,300 before next move.
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