TECHM's daily chart suggests that it has taken support at the same level as it has in the previous few days. Moreover, it has broken out of an upward channel and is testing it today with a gap down. Moreover, a look at the 14 day RSI suggests a bullish divergence taking place in the charts. If the price holds the upward channel and bounces off it, the price could go towards the next resistance zone at 1540 and further move to the 1680 levels.
Note
Target 1 hit
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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.