NSE:TECHM
Above 545.75 Will Be A Buy For Swing Trade
TECHM - Above 545 - towards 595-615
Please check chart for more details
TECHM - BUY ON DIPS Support @550 INITIAL Target @630
please study your own to take entry in this script frnds
Target 575-580 Tech Mahindra good buy
- 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...
Tech Mahindra could probably take a breakout from the trendline on monday
Mentioned in the chart. No possible resistance below 532. May test "21 SMMA" before hitting target
TECHM - TRENDLINE BREAKOUT FOR NEXT RESISTANCE = 550
When most of the IT stocks are going from strength to strength, TECHM continues to show weakness. The above graph is ratio of TECHM vs NIFTY which is nothing but relative strength of TECHM w.r.t. NIFTY 50 index. As can be seen ratio has broken below its support level and continues to stay below it. So view for TECHM continues to be bearish. Trade ideas: Can...