Tech Mahindra Chart Analysis !!

πŸ“ˆ Tech Mahindra πŸ“‰

My Findings :-
1. Breakdown of Strong Support Zone.
2. Lower High and Lower Low Formation.
3. Close Below Seven Months Low.
4. IT Index also week. Check Chart below.

Bias- Short
Target- 1175 and 1046
SL- 1429
RR- 1: 2

IT Index Chart :-

All Important Supports and Resistances are drawn in chart. All levels are on closing basis.

Please have a look and revert back if you need some more study on it.

Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
Target 1 of 1175 is done.
Trail SL to 1300
Trade closed: target reached:
target 2 of 1046 achived.

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