LTTS - Watchlist - Ascending triangle - Cup and handle -Wkly

LTTS - Forming Ascending triangle and cup and handle patterns on weekly charts.
Need to close above 5890 for breakout, which can test 8000 levels in a 6 to 12 month timeframe.
We can have it in watchlist for next week.


Strengths
The company is virtually debt-free.
The company has a good ROE track record of 27.20%.
The company has delivered average profit Growth of 23.19% in the last 3 years.
The company has delivered good income growth over the past 3 years of 20.47%.
The company has effective cash conversion ratio of 106.58.


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https://in.tradingview.com/symbols/NSE-LTTS/forecast/