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srikartiram
Nov 29, 2020 6:54 AM

TECHM | One more flag pattern from Mahindra group Long

TECH MAHINDRANSE

Description

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TECHM | One more flag pattern from Mahindra group 🙂 Flag consolidation is not so strong and monthly time frame shows a resistance. Hopefully we will get some time for accumulation before the breakout.

(Attached monthly pattern chart in comment section)

CMP : 876 (Any dip till 820 is a great buying opportunity)
SL : 810
Target : 950

India's Elon Musk and Celebrity CEO gave lot of opportunity through M&M, M&MFIN and now through his IT.

Comment

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Monthly chart

Trade closed: target reached

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Comments
Kirandeepc
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Hello Sir, I Saw analysis and your targets are achieved in 90-95 ideas.
srikartiram
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@Kirandeepc, I love this drawing works :)
pushkarnsk
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Fully agree with @Kirandeepc
srikartiram
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@pushkarnsk, Thank you :)
Kirandeepc
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One more feather in Cap. Congrats Sir
justinethomast
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No chance to move down and take entry at lower level now
CA_Anshul
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Hello, Your posts are really helpful. The stocks you selects reflects quality. The patterns you select delivers results. Advise you to be more selective on stocks with greater risk and reward ratio. Further request you to daily post your forecast on nifty 50 and bank nifty.
srikartiram
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@CA_Anshul, Thank you Anshul :)
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