The impact of the early monsoon rains in June 2025 on rural...
Technicals for LTIMindtree Limited
By MusingTheNews
2025-06-13 20:44
Overall Technical outlook
Price Summary
LTIMindtree Limited's stock rose 2.22% today, marking a stellar performance in the market. On 2025-06-13, LTIM's stock began at 5311.0, peaked at 5488.0, dipped to 5307.0, and closed up 2.22% at 5429.0, with a volume of 209820 shares. During the 52-week span, the stock hit a high of 6738.45 and a low of 4057.15. Analysts predict that the future price will fluctuate between 3837.0 and 6200.0, with the mean expected price being approximately 4896.0513.
Technicals
Support and Resistance: The current price sits at 5429.0, supported at 5023.2 and capped by resistance at 5585.9. These levels define a range for LTIM where the price might stabilize, with 5023.2 as a floor and 5585.9 as a ceiling. Support/Resistance for LTIM
Aroon: The current reading of the AROON indicator suggests a neutral stance, with no clear signals indicating an upward or downward direction. This lack of directional bias suggests the market may be in a period of consolidation or uncertainty. Aroon chart for LTIMindtree Limited
Bol. Bands: The BOLL BANDS is in a neutral stance, with no clear direction indicated for the market. This lack of clarity suggests that the market may be in a state of equilibrium for LTIM, with no strong trend emerging. Bolinger Bands chart for LTIMindtree Limited
Parabolic SAR: The PSAR remains bullish in its outlook, setting a key support level that could sustain the ongoing upward trend. This strong support indicates that the market may continue to rise, with the bullish momentum likely to persist for LTIM. Parabolic Stop and Reverse chart for LTIMindtree Limited
Stochastic: The stochastic indicator shows the K-line below the D-line but still above 80, suggesting the possible onset of a bearish price move. This setup hints that the market's recent gains could be reversing, potentially leading to a decline. Traders should monitor this development for further signs of weakness. Stochastic chart for LTIMindtree Limited
Tripple Moving Agerage: The Tripple MOVING AVG is in a neutral stance for LTIM, not indicating a clear upward or downward trend. This suggests a period of market indecision, where neither bulls nor bears have the upper hand. Tripple SMA chart for LTIMindtree Limited
In order to draw meaningful inferences from a company's technical data, it is essential to first consider its fundamentals. This includes reviewing financial metrics like revenue, profit margins, and debt-to-equity ratios. Additionally, understanding the broader industry landscape, including market trends and competitive pressures, is crucial. By integrating these insights with the company's technical performance, such as stock price fluctuations and trading volume, one can make more informed investment decisions.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
This article explores the Reserve Bank of India's initiatives aimed at enabling...
By clicking "Accept", you agree to the storing of cookies on your device to enhance site navigation, analyze site usage and assist in our tailored marketing efforts.