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LTTS - Technical Analysis

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

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Technical Rating: 3.2

Here’s a detailed technical breakdown of L&T Technology Services Ltd (LTTS) based on current indicators and price behavior

πŸ“Š Trend Overview

Current Trend: Weakening / Reversing

Price Action: Trading below both 50 DMA (β‚Ή4,368) and 200 DMA (β‚Ή4,646) β€” signals bearish undertone.

52W Index (20.2%): Price is far from its 52-week high (β‚Ή6,000), indicating significant drawdown and lack of momentum.

πŸ“ˆ 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.

πŸ“‰ 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.

πŸ“Œ Support & Resistance Zones

Level Price (β‚Ή)

Immediate Support 4,200–4,250

Strong Support 3,850–3,900 (recent low)

Resistance 1 4,368 (50 DMA)

Resistance 2 4,646 (200 DMA)

Resistance 3 4,900–5,000 (psychological zone)

🎯 Entry & Exit Zones

Optimal Entry: β‚Ή4,200–₹4,287 (if price stabilizes near support)

Exit / Profit Booking: β‚Ή4,646–₹4,900 (if price rebounds toward resistance)

πŸ” Short-Term Signals

Momentum: Weak β€” RSI and MACD both suggest bearish bias.

Trendline: Price below key averages β€” confirms downtrend.

Consolidation: Possible near β‚Ή4,200–₹4,300 before next move.

Would you like to explore stocks with stronger bullish setups or compare LTTS with peers in the IT services sector? I can help you spot better momentum plays. πŸ“‰πŸ“ˆ

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