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Unite Technologies Financial

29th May · SEBI-Registered Analyst

Technical Analysis L&T Technology Services.

The stock $LTTS showed strong resilience by building a solid bottom base between the 3000 and 3200 levels. It recently attempted a recovery rally pushing up towards 3900 but has since faced mild selling pressure. Currently trading around 3488 the stock is in a pullback phase consolidating its recent gains on lower volume before deciding its next major directional move. Immediate Resistance 3850 - 3900 This is the recent swing high. The stock needs to break and close above this zone with strong volume to confirm that the uptrend is continuing. Major Resistance 4400+ If the immediate resistance is cleared and momentum sustains this is the ultimate structural target to fill that large bearish gap created during the previous crash. Immediate Support 3400 the stock is currently retracing towards this zone. If buyers step in here and create a bullish reversal candle it will establish a strong higher-low formation. Major Support 3000 - 3100 this is the rock-solid base. As long as the price stays above this floor the broader recovery structure remains safe. A break below this level would turn the chart highly bearish. For short-term buyers the current pullback near the 3400 support zone offers a highly favorable risk-to-reward entry point with a strict stop-loss placed just below 3350 targeting a retest of the 3850 level. Meanwhile existing holders should comfortably retain their positions with patience, as the broader recovery structure remains intact as long as the price stays above the major 3000–3100 bottom floor. A strong volume-backed breakout above the 3900 resistance will trigger fresh bullish momentum accelerating short-term upside gains toward the 4400 gap-fill area. Technical analysis is based on historical patterns and does not guarantee future results. Always use a Stop-Loss to manage your risk.

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