Breakout Attempt from Long‑Term Trendline in LTIMindtreeLTIMindtree LimitedNSE:LTIMTrendxincBreakout Attempt from Long‑Term Trendline in LTIMindtree LTIM 📈Pattern & Setup: LTIMindtree is testing a major long‑term descending trendline on the weekly chart, which has capped price action since the 2022 peak. The stock has spent the last few years consolidating in a broad range, forming higher lows — a clear sign of gradual accumulation. The recent move shows price pressing firmly into the trendline zone around 6,050–6,100. This area is a make‑or‑break level. A sustained weekly close above this trendline can trigger a powerful trend reversal and open the gates for a fresh long‑term rally. 📝 Trade Plan: Entry: Fresh positional entry above 6,150–6,200 on a weekly closing basis. 🚩Stop-Loss: 5,600 (below recent swing support and range low). 🎯Targets: Target 1 → 6,900 (previous supply zone). Target 2 → 7,990–8,000 (long‑term breakout projection, ~30% upside). 💡Pyramiding Strategy: Enter first lot on weekly close above 6,200. Add on continuation above 6,600, trail SL to 5,900. Add final lot above 6,900 breakout, trail SL to 6,400. Ride the trend towards 8,000 levels if the breakout sustains with volume. 🧠Logic Behind Selecting this Trade: This is a classic long‑term trendline breakout setup after multi‑year consolidation. Such structures often lead to strong directional moves once resistance is decisively cleared. The higher‑low structure shows institutional accumulation, and a breakout above the trendline can shift LTIMindtree back into a primary uptrend. Keep Learning. Keep Earning. Let’s grow together 📚🎯 🔴Disclaimer: This is not an investment advice. Always do your own due diligence before making any trading or investment decision.