TECHM - if sustains below 500, can move to 490/480/470 levels. But incase if bounces from lower level Band support, then can go up and 1st resistance will be 530. Crossing 530 levels ... we can see good upside.
The Volatility has been very narrow. Expecting Breakout tomorrow. Based on Trend go for Long or short
Mostly downtrend....Do not go long.. Short below 520.5, tgt 1- 510, tgt 2 - 491... If price opens below 512, short @ 510 , tgt 491 No long until price reaches above 540, tgt till 580...or follow pivot points.... If price opens gap down and reaches around 490 levels, go long with tgt as pivot points till 520 max...
let the retailers get into trap refer chart for details
TECHM (Tech Mahindra Ltd) BUY ABOVE 785
TECHM (Tech Mahindra Ltd) BUY ABOVE 766
creating triangle breakout pattern. trade on the side of breakout with small qty and enter again while retest
1.inverted HNS 2.uptrend 3.upmove after retracement 4.good risk reward
Techm is currently in a short term short with tight resistance band 717-719 band. Target is towards the destination target 676-678 levels.
hi, CLosing above or near 398 - 399 range buy for said target
It is not a good time to be a share holder of IT companies. We have outlaid reasons for IT stock softness earlier which you can check in earlier posts. Especially someone secondary player like Tech Mahindra it is going to be really tough going forward. If it has something in it, then it is time to show now. Technical picture is already clouded for the stock...