TECHM - Weekly AnalysisIn the Weekly Chart of TECHM , we can see that; it has created a Halt candle after retesting the Cup & Handle breakout. Enter on breaking its high with low as SL.Longby JatinManani0
TECHMWait for bullish sentiment in this 1300 level. then place your trade to reach 1475.Longby PANNER_SELVAM_KATTAKALAI2
TECHM | Swing Trade📊 DETAILS Sector: IT Services & Consulting Mkt Cap: 129,441 cr Tech Mahindra Ltd provides comprehensive range of IT services, including IT enabled service, application development and maintenance, consulting and enterprise business solutions, etc. to a diversified base of corporate customers in a wide range of industries. TTM PE : 35.97 (High PE) Sector PE : 36.64 Beta : 1.08 📚 INSIGHTS Mid-range performer Stock with medium financial performance with average price momentum and valuation. These stocks may be affordable and are showing some investors interest. 5.33% away from 52 week high Outperformer - Tech Mahindra up by 1.58% v/s NIFTY 50 up by 0.77% in last 1 month 📈 FINANCIALS Piotroski Score of 5/9 indicates Average Financials Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst. If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you. 🔍 More Analysis & Trade Setups 🔍 For more technical analysis and trade setups, make sure to follow me on TradingView: www.tradingview.comLongby Munish_JainUpdated 13
Tech Mahindra price movement analysis on weekly timeframeTech Mahindra is making a really interesting and clear price action. 1. 2022 to mid 2022 - Lower high lower lows 2. mid 2022 to mid 2023 - yearlong box consolidation 3. Fakeout in July 2023 4. Real breakout in August 2023 5. Retest in November 2023 6. presently in higher high and higher low. If you are interested in investing(long term) in IT sector, this stock should be the one in your portfolio, Invest in parts as the price consolidates and retraces. Swing traders should ride this stock by using 20-50 EMAs Investors or positional traders use 50-100-200 EMAs. Stop loss @ 1200/-Longby Only_Gains0
techmfor intraday stock looking good above 1401 see the price action stock face 3 times resistance on same level 1400 first time seller push the price lower level 2nd time seller unable to push price at lower level and 3rd time same price hold higher level means buyer is strong once price trading above 1400 seller will trapped new buyer is enter price will boom NOTE: only for educational purpose RULE: 1: always trade with stoploss 2: decide your risk per trade and per day 3: believe to your analysis 4: stay positive and keep patience technical analysis + money management+ physicalogy = successful trader Longby harikant06720
TECHM#TECHM broke out from stage 1 a few weeks ago and has been retested the BO zone a couple of times. The stock is on the move and looking good to make a new high.Longby Sudhi4488Updated 5
techmahindra good its a cup and handle pettern and also good volume . and alredy niftyit breckout Longby jay5417862
techmtechm price action showing strength create support and making higher low looking good above 1246.50 for intraday trader always trade with stoploss follow risk management stay positive keep patience believe yourself NOTE: only for educational purposeLongby harikant06723
TECHMChance for 1100 let's see, TECHM is consolidating almost a year and it was broken and testing the support. It was forming double top I think. we can enter if we get this for cheap.by liquid29water114
There is a big opportunity in Tech MahindraTech Mahindra seems to be going down,if the position which I have given is activated, it will give you a very good written on invest. Shortby James_Thokchom0
Tech Mahindra Analysis Stock is trading near strong BO zone, may go to test it's first hurdle, monthly TF used for this chart, so follow entry and exit levels accordingly.Longby subbu_19156
Cup and Handel formationPositive crossover of MACD, Bullish RSI with cup and Handel formation, assets breakout above 1300 with strong price action and volume, can look for 1300 ce Jan and 1360 ce Jan series. LEARN AND EARN, ThanksLongby ScienceBehindTheChart1
Short Term Buy TECHMStock was under long term Consolidation at low levels which means under Accumulation, #TechM #Brokeout the range, retest done and now it will resume its trend. Pure #TechnicalAnalysis #DowTheory #WyckoffTheory Longby VishnuDeepanUpdated 4
A strong rally next week on cards!!If u leave the tops and bottoms , its just amazing at the ways u can use Fibs. On the monthly charts 860 is the 61.8% of the swing , hence the trend is intact. It has broken the first bear zone at 1100, which is now acting as support. The stock will face next major resistance at 1470. On the Hourly charts the stock is exhibiting strength. Every rise is accompanied with heavy volume. Retracements to 38.2% is yet another indication of strength. In short term am looking at 1240 and 1270.Longby singh17vivek0
Intraday 26 April_ Tech Mahindra_ SHORTIntraday Trade setup for 26 April I have selected 4 stocks for intraday, not all the trades will get executed. I always place Stop Loss Market Buy/Sell order above or below (for LONG and SHORT) the high/low of the reference candle to make an entry. Entry: 947.85 SL: 953.75 Target: 936 Disclaimer: The analysis or trade setup is of my own. Please do your own analysis before jumping into the trade. I shall not be responsible for the profit/loss in either way. Shortby UnknownUnicorn7637383Updated 110
Investment_ TECHM (Tech Mahindra)Namaste! I have selected another stock, which looks good to invest in. You must have wondering, why am I sharing only technology companies? Well, it is the sector which have fallen mostly. I don't like to buy at highs. I like to buy at correction, when there is fear, when the weak-hands get panic and selling it. That's what many of the great investors do. Anyways, TECHM is a stock, which have fallen around 48% from all time highs. Well, in my perspective, this stock, along with other technology stocks are on a sale . I would advice anyone to invest in because, it is a very good opportunity to do so. If you have been reading my articles, you will know why. And remember, don't concentrate your portfolio in the IT Sector, by buying every stock in the sector. Please diversify. You can either place GTT (Good Till Triggered) orders with your broker at a price 1017.50-1018 , or manually buy it if it crosses this crucial price level. I would modify the entry, if it signals to do so based on my plan, and will update it here. Q: Will it sky-rocket as soon as you buy. A: NO. Investment takes time to show results, months or years. There are many many things which affect the stock performance. You can't figure out why is this happening. What can you do is, buy and sell . Please read previous articles, for reading more about the above thing. Disclaimer: The analysis I have shared is based on my understanding and experience in the markets. Investment carries an element of financial risk. Please do your analysis and/or consult your financial advisor before investing. I already have some shares and will/may add more if I get another opportunity. Longby UnknownUnicorn7637383Updated 2
TECHM Head & Shoulder Pattern in 4 Hours ChartTECHM Head & Shoulder Pattern in 4 Hours Chart...... SELL BELOW 1188 SL 1217 TGT 1070/66 (Positional )Shortby Jagadeesh_P369Updated 3
TECHMTECHM Bouncing off important Support Zones Consolidating in Range Staying above 1136 may start to move towards 1200+ levelsLongby Singh_Siddz1
TECH MAHINDRA - WAIT FOR THE BEST BUY#TECHM #Trending #Stocks #trading Tech Mahindra - Weekly uptrend line got broken out - Expect stock will reach 1062 levels and if that also will break it will go to its yearly support below 1000. Wait for the good price action for Long Investment. by sivanakshatrah3
Tech Mahindra will continue Downtrend On Our Harmonic pattern indicator based trade setup take trade as explained below :- Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target , When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% .. Please note:- It's working on news based and volitile market very well so exit if SL hitby JaiPrakashShuklaHarmonicTrader0
TECH MAHINDRATechm trying to coming out of consolidation zone,U can buy above high of july month candle high if it gives proper breakout after a year of side ways market. The stock reversal from support and breakout the range with good volume Expected Target 1330 & 1550by UnknownUnicorn55144266Updated 9922
Tech Mahindra - IT dropAlong with all the other IT Co's.. Tech M could fall too. Short below 1185 with a SL above 1200. I believe the IT sector could have a short term fall in general. by rdkriplani0