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Einstein15
Mar 5, 2018 5:58 PM

TECHM Flag 

TECH MAHINDRANSE

Description

TECHM, after a huge leg up. is consolidating. COmpleted the CUP today,awaiting for a breakout or another leg down.for a probable HANDLE
Comments
riteshtidke07
i have bought future at 617 rate can it go back to that level ..bcuz other it stock are performed well only techm didnt participate in rally.
Einstein15
@riteshtidke07, I think TechMs rally is better than most others in nifty-it index.Even in short term aLmost all IT stocks gave a good rally from 19 feb till march. and last 2/3 candles are red in all of them, and its juts coz of the red-nifty. I guess one just has to wait untill nifty takes its next support. When it wud bounce back, all these stocks wud bounce back as well, including Techm. ALos its boucing between 602 and 625 last week, so lets see if it cna hold 600 level.
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