Fibonacci and RSI centric IT sector play
The chart is pretty much self explanatory.
LTI seems to be in a good position to buy in dips after heavy discounting by market due to soft quarterly results.
Key RSI level and FIbonacci retracement indicate a short term comeback, even if short lived.
EMA 200 seems like a good lvl for next dip accumulation.
Not an Investment Advice. I am just curious to see how it plays out.
LTI seems to be in a good position to buy in dips after heavy discounting by market due to soft quarterly results.
Key RSI level and FIbonacci retracement indicate a short term comeback, even if short lived.
EMA 200 seems like a good lvl for next dip accumulation.
Not an Investment Advice. I am just curious to see how it plays out.
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