ParimalDevnath
Long

TechM, Ascending Triangle

NSE:TECHM   TECH MAHINDRA
Bullish stock and bullish industry segment. Price is constantly taking support at 50 DMA during correction/profit booking. An Ascending Triangle is visible. Bulls are closing in on the price in this formation of the classic pattern which means corrections are becoming smaller by day. On breakout target can be new highs beyond 755-760. SL is a must.
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