intraday sell below 865 trgt-860,855 and buy-882-trgt-890 it has made all time high break out with volume at-887 last day volume is so high from the last4-5 month so it can go 920 in short term. note-trade at own risk or watch my analysis. plz like and comment my work.
Date: 24 Nov 2020 TechM (CMP:882) After a good price rise in the recent past stock was seen consolidating for a short period. During the consolidation the chart formed an Ascending Triangle Pattern. The volume can be seen increasing towards the buy side and RSI is at 62 levels. This is a good sign for buy in short - medium term. Price Target: 965 Target date:...
NSE:TECHM buy with a stop loss below todays low i.e 865. Look at 940-1010 in coming days.
This analysis is purely based on price action and chart patterns. The analysis is on 15min TF hence target can be achieved in intraday trade or in couple of days Trade strategy is explained in image itself. Don't run after the price. Always plan your trade & trade your plan Keep trailing SL accordingly once entered into the trade. (IT sector is expected to...
This analysis is purely based on price action The analysis is on 30min TF hence target can be achieved in couple of days Trade strategy is explained in image itself. Always plan your trade & trade your plan Keep trailing SL accordingly once in trade Trade at your own risk and money management Feel free to comment for any queries & suggestion
There is a very high probability short setup for Tech Mahindra on Monday
REFER CHART FOR DETAILS
TechM at key level, with two probabilities can it give a breakout or the ending of cup can begin the handle cycle? Longs only above 750 the trendline close
#TECHM #TECH #MAHINDRA Tech Mahindra Ltd. CMP: 732.6 Target: 765 / 810 SL: 699 If you like my work, kindly LIKE SHARE & FOLLOW for latest stock recommendations. :)
Above 545.75 Will Be A Buy For Swing Trade
TECHM - Above 545 - towards 595-615
TECHM - BUY ON DIPS Support @550 INITIAL Target @630
- Huge Weekly Supporting Trendline - After Selling pressure, the stock entered consolidation zone. - Big volumes came in to this consolidation suggesting that it was accumulation. - Seems to have made the FIRST HIGHER LOW - Observing HIGHs & LOWs on lower Time Frame to time the Entry. - Any dip appears to be a BUY - Buying here could mean buying at the...
TechM is trading in range of 500 to 540, any breakout above 540 may see the stock moving upto to 600 or breakout below may see selling till 470. But 470 is the strong support for the stock