ltm good consolidation chart expecting a good move

LTM Limited, formerly known as LTIMindtree, is an Indian IT services and consulting company and part of the Larsen & Toubro Group. The company was formed through the merger of L&T Infotech and Mindtree and operates across technology consulting, digital transformation, cloud, data & analytics, and enterprise technology services. The company has a global client base and is positioned as one of India's major IT services companies. L&T remains the dominant shareholder, with roughly 68%+ ownership. Parameter LTM CMP ₹4,675 Market Cap ~₹1.39 lakh Cr P/E 24.7× Book Value ₹810 ROE 23.1% ROCE 29.6% Dividend Yield ~1.6% 52W High ₹6,430 52W Low ₹3,528 Revenue & Profit The latest available quarterly data shows revenue growth of around 11.5% YoY, while Q1 FY27 was particularly encouraging: LTM reported approximately 18% YoY revenue growth and 17% YoY net-profit growth. That is important because the IT sector has been dealing with concerns around discretionary spending, project delays and margins. LTM's recent growth numbers indicate that the business momentum has improved. The stock has shown a strong recovery from its June 2026 low around ₹3,528, and by early August it had already bounced roughly 34% from that low. Important Levels Resistance: ₹4,700–₹4,750 → Immediate resistance ₹4,850–₹4,900 → Major resistance ₹5,000 → Psychological resistance Above ₹5,000 → Stronger bullish structure Support: ₹4,500–₹4,450 → Immediate support ₹4,300–₹4,200 → Strong support zone ₹4,000 → Major positional support