LTTS - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 4.3
| Stock Code | LTTS | Market Cap | 37,021 Cr. | Current Price | 3,488 ₹ | High / Low | 4,747 ₹ |
| Stock P/E | 29.4 | Book Value | 559 ₹ | Dividend Yield | 1.66 % | ROCE | 26.8 % |
| ROE | 21.6 % | Face Value | 2.00 ₹ | DMA 50 | 3,543 ₹ | DMA 200 | 3,887 ₹ |
| Chg in FII Hold | -0.36 % | Chg in DII Hold | 0.07 % | PAT Qtr | 317 Cr. | PAT Prev Qtr | 304 Cr. |
| RSI | 46.8 | MACD | -0.06 | Volume | 51,000 | Avg Vol 1Wk | 97,571 |
| Low price | 3,010 ₹ | High price | 4,747 ₹ | PEG Ratio | 7.20 | Debt to equity | 0.09 |
| 52w Index | 27.5 % | Qtr Profit Var | 11.7 % | EPS | 114 ₹ | Industry PE | 26.3 |
📈 Chart Patterns: LTTS is consolidating near 3,488 ₹ after a decline from 4,747 ₹ highs. Trendlines show sideways movement with support around 3,450 ₹ and resistance near 3,550–3,600 ₹.
📊 Moving Averages: Current price (3,488 ₹) is slightly below DMA 50 (3,543 ₹) and well below DMA 200 (3,887 ₹), indicating short-term weakness with medium-term resistance overhead.
📉 RSI: At 46.8, RSI reflects neutral-to-weak momentum, not oversold but lacking strength.
📌 MACD: Flat at -0.06, showing indecision and consolidation.
📈 Bollinger Bands: Price near mid-band, suggesting sideways consolidation with limited volatility.
🔎 Volume Trends: Current volume (51k) is below average (97k), showing weak participation and lack of breakout conviction.
🎯 Momentum Signals: Neutral bias with price consolidating below DMA 50. RSI and MACD confirm indecision, leaving scope for either rebound or further consolidation.
📍 Entry Zone: 3,450–3,500 ₹ (support near trendline).
📍 Exit Zone: 3,550–3,600 ₹ (resistance near DMA 50).
📊 Trend Status: Consolidating with mild bearish undertones; reversal confirmed only if price sustains above 3,543 ₹ (DMA 50).
Positive
- Quarterly PAT growth (+11.7%) from ₹304 Cr. to ₹317 Cr.
- Strong ROCE (26.8%) and ROE (21.6%).
- EPS at ₹114 supports valuation strength.
- DII holding increased (+0.07%).
- Dividend yield of 1.66% adds shareholder value.
Limitation
- Price below DMA 50 and DMA 200, showing resistance overhead.
- Volume below average, limiting breakout conviction.
- PEG ratio at 7.20 indicates expensive growth prospects.
- FII holding reduced (-0.36%).
Company Negative News
- FII outflows reduce foreign investor confidence.
- Premium valuation relative to industry PE.
- Weak trading participation undermines momentum.
Company Positive News
- PAT improved (+11.7%).
- DII inflows supportive of sentiment.
- Strong ROCE and ROE highlight efficiency.
- Dividend yield adds investor appeal.
Industry
- Industry PE at 26.3, slightly lower than LTTS’s P/E (29.4), showing premium valuation.
- Sector momentum moderate with 52-week index at 27.5%.
Conclusion
⚖️ LTTS is consolidating with mild bearish undertones, supported by fundamentals but capped by resistance near DMA 50 and DMA 200. Entry near 3,450–3,500 ₹ offers defensive positioning, while exits around 3,550–3,600 ₹ capture short-term resistance levels. Strong fundamentals support optimism, but weak volume and premium valuation warrant cautious trading.
I can refine this into a short-term rebound setup with stop-loss levels, or expand it into a swing trade plan with holding period guidance.