Swastik24

Tech Mahindra Trend Analysis

Long
NSE:TECHM   TECH MAHINDRA
Price is nearing accumulation level as per the Head & Shoulder pattern technical target.

Sound fundamentals with almost zero debt will make it soar in next bull run.

Good to accumulate around 850-920 levels for the following targets:

Short term swing target @ 1275 (43% ROI with 4.28 R:R)

Medium term swing target @ 1620 (82% ROI with 8.1 R:R)

Long term positional target @ 2200 (147% ROI with 14.5 R:R)

Stop loss @ 800

Do your own due diligence before taking any action.

Peace!!
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