Tech Mahindra With A Double Bottom??
Updated
Tech Mahindra has formed a beautiful double bottom with a high volume confluence and a valid shakedown which increases the probability of the trade in our favour
It is currently resting under the 50EMA,
A break of the 50EMA and high marked in red
could see a potential to the upside with targets
1150 and 1250 for a longer trade.
Stop loss below the pullback near neckline should
suffice
It is currently resting under the 50EMA,
A break of the 50EMA and high marked in red
could see a potential to the upside with targets
1150 and 1250 for a longer trade.
Stop loss below the pullback near neckline should
suffice
Note
First Target Hit
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