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Rajneesh Sharma CFTe

6th Mar · SEBI-Registered Analyst

LT Foods — Breakout Attempt With Strong Volume Expansion

LTFOODS
🔍 Structure Price has broken above the short-term falling trendline after months of corrective movement. The stock is now attempting to reclaim the mid-range supply zone. 📊 Key Levels • ₹485 – Major overhead resistance from prior swing highs • ₹437–455 – Immediate resistance band currently being tested • ₹330 – Major structural support and base of the range 📈 Trend Context The broader structure has been sideways between ₹330 and ₹485. The recent move indicates a potential shift from correction toward range expansion if resistance zones are reclaimed. ⚡ Momentum RSI has broken its own falling trendline and moved above the 55–60 region, signalling improving momentum after a prolonged decline. 📊 Participation The breakout candle is supported by strong volume expansion, indicating renewed market participation after a quiet consolidation phase. 📢 Disclaimer: For educational and technical analysis purposes only; not investment advice. 👤 Rajneesh Sharma – SEBI Registered Research Analyst (INH000020332)

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