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skandha1986

TECHM - Rounding bottom breakout - 15% upside potential

Long
TECH MAHINDRA (NSE:TECHM)  
skandha1986 Updated   
NSE:TECHM   TECH MAHINDRA
Trend Analysis Chart Patterns Technical Indicators
5
0
trendanalysis chartpattern indicator
TECHM seems to have formed a nice bottom and giving breakout from 1160 resistance levels.
This can be seen as double bottom breakout and as well as rounding bottom breakout.
Target: 1340+, 1570, 1800.
SL: Daily candle close below 1160
Trade closed: stop reached:
trail SL hit
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