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 fermée: ordre d’arrêt atteint
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Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.