ilmscore | Prediction Details
"well now let's shift back to LTI monetary from the HDFC discussion reason is very simple because now that we we know that LTI monetary is going to come we have to do the technical analysis why because all the index funds would now have to buy the shares of LTI mine tree to maintain their composition with Nifty 50. so today if you can see today the stock is has seen some selling pressure uh it is up by just 0.71 right now as I shoot the video but if you I just if I just scroll to quickly go to the one month candle you can see that the stock is down from its highs by quite a bit if I were to check the percentage drop from the highs it's almost available at 30 percent below the high that it has seen now going back to the Daily candle we have to understand also that what is the pivot level is it able to sustain about that so here you can see pivot is around 5067 it is currently facing a little bit resistance around the 5359 mark but as I said in close are going to come into this stock and if that be so there are great chances that it may go up higher and higher"
By CA Rachana Phadke Ranade | July 5, 2023 | Pending
From video
Impact of LTIMindtree inclusion in Nifty 50 | HDFC Bank - HDFC Ltd Merger | CA Rachana Ranade 00:09:14 - 00:10:15
Interpreted Prediction
Due to LTI Mindtree's inclusion in Nifty 50, index funds will need to buy its shares, which could lead to a price increase. Despite recent selling pressure and being down from its highs, there's a chance it may go up higher.

Prediction Details

Ticker
LTIM

Comments

0 comments

Be the first to share your thoughts.

Like this prediction?

Join to make your opinion count.