Tech Mahindra: Breaking Downward Trendline
Updated
It is been observed on daily chart that the price action is breaking out from a downward trendline with an uptrend channel formation. It is slowly and gradually moving up the price levels while respecting the resistance and support levels of the said uptrending channel. It shall further move up to the next resistance level at around 460-65 levels.
Target: 465
Stoploss: 425
Target: 465
Stoploss: 425
Trade active
Trade active
Trade active
Trade active
It did well today as well, buyers still intact. Tomorrow, it shall further move up to targets. RegardsTrade active
Trade closed: target reached
Target reached successfully in a week time, RegardsTrade closed: target reached
Target 2 also reached successfully, Regards
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