LTTS - Technical Analysis with Chart Patterns & Indicators

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

Technical Rating: 3.9

Here’s a detailed technical analysis of L&T Technology Services Ltd. (LTTS)

📊 Trend Overview

Current Trend: 🔄 Reversing with bullish momentum

Price is trading above the 50-DMA (₹4,259) but still below the 200-DMA (₹4,521), indicating a recovery phase.

The 52-week index at 30.1% shows the stock is still far from its high of ₹5,647, but has rebounded from its low of ₹3,855.

RSI at 65.0 suggests strong momentum, approaching overbought territory.

MACD at 8.08 is positive, confirming bullish crossover and trend continuation.

📈 Moving Averages

50-DMA: ₹4,259 — Short-term support.

200-DMA: ₹4,521 — Long-term resistance.

Price Action: Current price of ₹4,395 is above the 50-DMA but below the 200-DMA — signaling a reversal setup.

📉 Momentum Indicators

RSI (14-day): 65.0 — Bullish zone, nearing overbought.

MACD: 8.08 — Bullish crossover, momentum building.

Volume: 4.05 lakh vs 1-week avg of 1.17 lakh — Strong volume surge, confirming accumulation.

📊 Bollinger Bands

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

Volatility expansion favors continuation if volume sustains.

📌 Support & Resistance Zones

Level Price (₹) Commentary

Support 1 4,260 50-DMA, short-term support

Support 2 4,100 Previous swing low

Resistance 1 4,520 200-DMA, major resistance

Resistance 2 4,700–4,850 Trendline resistance zone

🎯 Entry & Exit Zones

Optimal Entry: ₹4,260–₹4,300 — On pullback near 50-DMA.

Exit Zone: ₹4,520–₹4,850 — Resistance zone for profit booking.

🔍 Short-Term Signals

Momentum: Strong — MACD bullish, RSI rising.

Breakout Potential: High — Volume supports continuation.

Bias: Bullish — Watch for breakout above ₹4,520 with volume confirmation.

🧭 Summary

LTTS is currently reversing from a prior downtrend, showing strong bullish momentum. Price action above the 50-DMA and a rising RSI and MACD suggest continued strength. Traders may consider entering near ₹4,260–₹4,300 and targeting ₹4,520–₹4,850 for exits. A breakout above ₹4,520 with volume could confirm trend continuation toward ₹5,000+ levels.

Let me know if you'd like a comparison with other engineering R&D or IT midcap stocks.

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