Tech Mahindra - Good one to go long
Tech Mahindra
CMP 603
Target 750
Stop 505.
1) Moved past 2 plus years resistance with above average volumes.
2) Facing a mild resistance at 670 which should not be a bottleneck.
3) Broad based reverse H & S pattern seen, which is a positive sign.
4) 30/200 EMA crossover .
CMP 603
Target 750
Stop 505.
1) Moved past 2 plus years resistance with above average volumes.
2) Facing a mild resistance at 670 which should not be a bottleneck.
3) Broad based reverse H & S pattern seen, which is a positive sign.
4) 30/200 EMA crossover .
Trading is my passion.
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.