L&T Technology Services Ltd

NSE :LTTS   BSE :540115  Sector : IT – Software

Technical Outlook of LTTS:

Stock on Friday 03-Sept-2021 Gained 7.22% on NSE and closed at 4339.20.

Stock is trading in high momentum and its trading around all time highs. The 14-Period Relative Strength Index confirms the momentum in the stock as it is trading above 70 levels. LTTS stock is trading above all major exponential averages 10-20-50-100-200 which confirms short term trend and long term trend is intact and bull run may continue to be seen in the stock for the next 1-2 Weeks.

We suggest entering the stock on corrections, best buy around 4100-4150 for the targets of 5200 on the upside.