24-10-2024 01:57 PM | Source: Nirmal Bang Ltd
Diwali Technical Pick 2024 : Buy LTIMindtree Ltd For Target Rs. 5250 - Nirmal Bang Ltd

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LTIMindtree Ltd 

* The Stock has given a Cup and Handle pattern breakout on quarterly chart. Good volume accumulation is seen in last 6-8 weeks.

* As per Fibonacci Retracement, support of 50% is placed at 5660 .

* Once stock manages to close above 6120 healthy buying will be witnessed.

* Therefore, Investor can buy the stock at 5935 and on dips to Rs 5660 for a target of Rs 7650 with a strict stop loss placed below Rs 5250.

 

Buy LTIMindtree Ltd CMP 5935 Add On 5660 SL 7650 Target 5250

 

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