LTIM: Preempting a Cup and Handle & Long-Term Horizontal Breakou
🚀 LTIM: Preempting a Cup and Handle & Long-Term Horizontal Breakout! 🚀
Current Market Price: 6261
Stop Loss: 5570
Target: 8271
LTIMindtree is on the verge of a major breakout, presenting an exciting opportunity. The IT sector’s strength adds confidence to this move, with the horizontal resistance at 6495 being tested multiple times and now poised for a potential breakout.
📈 Strategy:
Consider creating positions in a staggered way to minimize risk and manage the larger stop loss effectively.
Watch closely for the breakout confirmation to add momentum to your trade.
📉 Disclaimer: As a non-SEBI registered analyst, I recommend conducting thorough research or seeking advice from financial professionals before making investment decisions.
#LTIMindtree #MarketAnalysis #CupAndHandle #TechnicalBreakout #ITSector #InvestmentOpportunities #RiskManagement
Current Market Price: 6261
Stop Loss: 5570
Target: 8271
LTIMindtree is on the verge of a major breakout, presenting an exciting opportunity. The IT sector’s strength adds confidence to this move, with the horizontal resistance at 6495 being tested multiple times and now poised for a potential breakout.
📈 Strategy:
Consider creating positions in a staggered way to minimize risk and manage the larger stop loss effectively.
Watch closely for the breakout confirmation to add momentum to your trade.
📉 Disclaimer: As a non-SEBI registered analyst, I recommend conducting thorough research or seeking advice from financial professionals before making investment decisions.
#LTIMindtree #MarketAnalysis #CupAndHandle #TechnicalBreakout #ITSector #InvestmentOpportunities #RiskManagement
Trade fechado: stop atingido
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.