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Aayush_Rungta

Fibonacci and RSI centric IT sector play

Aayush_Rungta  
NSE:LTI   None
Trend Analysis Chart Patterns Technical Indicators LTI larsonandturboinfotechlong relativestrength NIFTY nifty50 itsector larsonandtubroinfotech
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trendanalysis chartpattern indicator lti larsonandturboinfotechlong relativestrength nifty nifty50 itsector larsonandtubroinfotech
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.
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