HarshitSolanki
Long

TECH MAHINDRA explained in detail

BSE:TECHM   TECH MAHINDRA LTD
RED, BLUE and GREEN line already described on the chart.
Close above blue line in coming session may bring a confirmed pull back...minimum of 10 to 12 % can be expected from CMP 433.95
PLACE STOPLOSS AT 407
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@anupminj7, thanks
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Hi Harshit,
There is also a class-B divergence between the price and RSI seen. Augurs well for the support to hold
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HarshitSolanki sudhansrini
@sudhansrini thanks a lot sir :) yes that was noted...I check divergences with stochastic rather than RSI (image attached) please keep adding value...helps a lot with learning :D


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