Strota/ Newsroom/ 2026-09-29

LTM slid -3.8% on long buildup in futures

Strota Newsroom · session of 2026-09-29 · market close · LTM stock page →

LTM Ltd. (LTM) slid -3.8% to ₹3,936.00 with 4 signals firing. Here is what the exchange data shows.

LTM closed at ₹3,936.00 on Tuesday, down 3.80% and exactly at its session low. The stock opened flat against its previous close of ₹4,091.40, traded up to ₹4,183.60, and then sold off through the day to finish at the bottom of the range and 3.60% below its volume-weighted average price, the level where the day's trades actually cleared.

The news flow for the counter was empty. The pack records no fresh headlines, and the most recent items are days old: a product launch story from four days ago and a market piece from a week ago asking why the shares had been falling. Nothing dated to this session explains the decline, and the pack records no company filing on the day.

The cash footprint was heavy. Strota's live screens flagged a volume spike of 4.5x with the stock at its day's low, and relative volume, which compares the day's traded quantity with the stock's recent average, ran at 2.69 times normal.

In the futures market the last recorded position was classed as a long buildup, meaning fresh positions were added as the price rose: open interest was up 1.26% against a price change of 0.51%. That snapshot predates this session's fall, so it describes positioning going into Tuesday rather than a response to it. The institutional record is blank: no bulk or block deals appear for the counter, and no insider filings are recorded in the past 60 days.

Technically the stock is below both its 50-day and 200-day moving averages, 38.78% below its 52-week high and 11.56% above its 52-week low. The 14-day relative strength index is 28.4, below the 30 line traders conventionally read as oversold. Returns are negative over both the past week and the past month.

The Nifty closed 0.28% lower. What the data establishes is a stock that sold off to its low on elevated volume with no fresh news, against a futures book that had been building long positions at the previous close. It does not establish a driver for the session, and the silent news record is itself the finding.

The numbers

Signals that fired

F&O positioning

Futures classified as Long Buildup — open interest +1.3% with price +0.5% in the latest bhavcopy.

Technical context

Volume ran at 2.7× its 20-day average; rsi(14) sits at 28; price is 38.8% from the 52-week high.

Recent headlines

Sources

Keep digging

How this article was made: Strota assembled the exchange data above (prices, F&O open interest, bulk/block deals, SEBI PIT filings, indicator readings and public headlines) and an AI model wrote the narrative strictly from that evidence — it is not permitted to add outside facts or numbers. Every figure comes from the underlying exchange/public data.