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SumeshV

TechM may consider for Buy

Long
TECH MAHINDRA (NSE:TECHM)  
SumeshV  
NSE:TECHM   TECH MAHINDRA
Trend Analysis Chart Patterns Head and Shoulders Fibonacci Retracement longsetup supportandresitance rsi_oversold
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trendanalysis chartpattern headandshoulders fibonacciretracement longsetup supportandresitance rsi_oversold
H & S Correction is almost over (It is not necessary that after H & S correction, it may move up)
After the present market corrections, one may consider for entry
Also note that it is already retraced 61.8 % from the top and is started to move up ( A normal concept only)
Present RSI is 45.3
Two expected targets for short / long term is given.





Disclaimer: It is not a recommendation. Study yourself before any entry.
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