Chart prediction is on Monthly charts and long term view if it follows this pattern
Similar to Wipro even Tech Mahindra is probably making diamond chart pattern.
The Fibonacci retracement support is taken at 78 percentile and consolidating since couple of months.
The Long term target in 1 to 1.5 years is 2000+
Go long once the stock closes above 1165 on monthly basis.
Stop Loss is 940 on monthly closing basis.
Similar to Wipro even Tech Mahindra is probably making diamond chart pattern.
The Fibonacci retracement support is taken at 78 percentile and consolidating since couple of months.
The Long term target in 1 to 1.5 years is 2000+
Go long once the stock closes above 1165 on monthly basis.
Stop Loss is 940 on monthly closing basis.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.