Short on LTI

6 thg 10, 2021

LTI looks week on the 1 hour time frame chart as there is formation of Descending Triangle formation which is a symbol of Bearish continuation . The stock RSI is also below 50 levels as well as the Candle has given closing below the 10 day MA which indicate that we may see some selling pressure in this stock . If the stock breaks its support lines then we may see the initials level of 5616.05

(for educational purpose )