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.
Zomato shares crack 11% after Q3 PAT falls 57% YoY. Should you buy, sell or hold?
Why Zomato Share is Falling Today: Zomato share price dropped by 11.43% after reporting a 57% decline in Q3 net profit to Rs 59 crore.