LTTS Weekly Trade Setup(14th-18th July 2025) – Parallel Channel

前天

This week, L&T Technology Services (LTTS) is showing a potential breakout opportunity that requires patience and precision. As the stock approaches a key resistance zone near ₹4445, traders should resist the urge to jump in early and instead wait for a breakout and confirmed re-test before entering any long positions.

Let’s break this down.

1. Why the Breakout is Important
- LTTS has been consolidating within a parallel channel between ₹4280 (support) and ₹4445 (resistance). Breakouts from such structures often trigger significant moves — but only when confirmed.
- A false breakout can trap early traders. Hence, waiting for the price to break above ₹4445 and then re-test this level is critical.

2. The Strategy – Wait and React
📌 Step 1: Watch for Breakout

• Monitor price action as it approaches and breaches the ₹4445 resistance.
  
• Look for strong bullish candles with volume to validate the breakout.
  

📌 Step 2: Wait for Re-test

• After breakout, price may pull back to test the previous resistance.
  
• This re-test acts as a confirmation that bulls are defending the breakout.
  

• 📌 Step 3: Look for Confirmation
  

Enter only when you see a bullish candlestick pattern (like a bullish engulfing or hammer) near the re-test level on 15-min or 1-hour charts.

• 🛡️ Stop Loss:
  

• Place your stop below the swing low of the re-test.
  
• This protects you if the breakout fails.
  

🎯 Target:

• Profit booking zone is near ₹4580–₹4600.
  
• Risk/reward ratio: 1:2, 1:3, 1:4+
  

3. Why Re-test Entries are Powerful

• They allow low-risk entries with a tight stop loss.
  
• You avoid chasing price and reduce emotional trading.
  
• Confirmation helps you filter out false breakouts.
  

4. Final Words
In trading, discipline often beats speed. This LTTS setup is all about timing and structure.
🔔 Watch for the breakout.
🧘‍♂️ Wait for the re-test.
🎯 Enter only with confirmation.

If executed properly, this trade offers a clean, high R:R opportunity with a clearly defined setup.

前天

註釋

14/07/2025 - Market Opening Update
- Opened Gap Down at 4373 in consolidation range
- On 15 Min Timeframe, It's taking support of 200 EMA and psychological level at 4350

Waiting for breakout of consolidation Zone*