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Harshavardhan230101

TECHM may fall on tuesday, can go short

Short
TECH MAHINDRA (NSE:TECHM)  
Harshavardhan230101  
NSE:TECHM   TECH MAHINDRA
Trend Analysis Technical Indicators Divergence target stoploss sellsignal
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trendanalysis indicator divergence target stoploss sellsignal
TECHMAHINDRA is showing a bearish divergence on the RSI indicator. It is forming higher highs in the chart and forming lower highs in RSI thus indicating a bearish divergence, also it has shown a negative MACD crossover in the 1 hour time frame,thus giving a sell signal.
First target would be of 724 and my stoploss would be at 763.
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