On the weekly charts of LTTS, we can spot prices that have shown a bounce back from the level of 61.8 per cent Fibonacci retracement of the prior advance from Rs 986 (March 2020) to Rs 5,955.50 (January 2022). “On the daily timeframe, we witnessed a breakout from the inverse head and shoulder pattern on 20th July 2022, which is a bullish reversal pattern,” Vidnyan Sawant, AVP – Technical Research, GEPL Capital, said.
Stocks to buy: Swiggy, RVNL and TVS Motor on investors’ radar
Benchmark BSE Sensex dropped 72 points as IT shares retreated. Swiggy fell 1.2%, RVNL gained 0.8%, and TVS Motor declined 1.5%. Analyst Viral Chheda advises