Tech Mahindra Bearish Channel Approaching Long Term Support

Tech Mahindra trading in its bearish channel , and continue to struggling to break channel but unable to break channel to move upward, we may see a slight upward movement up to its channel resistance 440.00, if it breaks 440.00 then trend will get change otherwise it will target to its long term support 407.13, this level is very crucial and will decide further trend direction. if breaks 407.13 then it will further go downward. wait and watch next week.
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