September 19, 2024

top trending stocks, the top trending of this stock in the booming stock market, the share of LTI is also falling in value – share market today update top trending stock lti


Mumbai – Major Indian indices experienced large gap-up opening on Thursday due to positive global cues. Information technology stocks saw a massive rally and such a positive environment saw fresh buying interest from investors in the stocks.

Information Technology sector LTI stock has emerged as one of the top trending stocks in the opening session on Friday. And it has surged by nearly 5% in weekend trade. At the same time, it has recorded a strong price volume breakout on the daily chart. The average trading volume of company shares is also higher. This shows the investment attractiveness of buying stocks on a large scale. The company stock is now up 13% from its previous low of 4,261.35.

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During such positive trade, technical parameters have indicated further upside in this stock. The 14-day RSI (62.37) is now bullish and has broken out of its downtrend. The MACD line is at its signal line and shows positive fluctuations. OBV is also trending upward, suggesting increasing investor participation in the company stock. Overall this company stock is technically strong and it is expected that there will be more transactions of this company share in the coming period.

Currently LTI shares are trading at Rs. Trading at 4,802. Investors should keep an eye on this stock’s performance in the stock market to gauge further growth in its value.
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