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WaveTalks
Jan 25, 2017 2:01 AM

TechM- Sideways to Positive Bounce Long

TECH MAHINDRANSE

Description

There is a support zone getting formed between 460-462- till that zone is intact, we will look for a bounce close to 485-490 zone going above 474 & sustains above that level.

Previous Analysis
Hold your nerves till 477 is broken


TechM 2016 Diary- How it moved in the year 2016

Trade active

14:17 Hrs 25th Jan2017

Last Price@464

It had a fall just below 474 from 473.75 to day's low- level of 474 acted superb.

Trade active

15:35 Hrs 30th Jan2017

Closing price@472

Bounced from 461 -Wow!!!

Trade closed: target reached

12:12 Hrs 31st Jan2017

Last price@450

TECHM kisses 484 as suggested & falls sharply down to 450 --Started down be careful.
Comments
piptamil
Good morning Abhishek.
As always perfect chart.
WaveTalks
@piptamil, GM ji- Wish you happy republic day & Thanks
nirav5
GM Abhishek. Thanks.
WaveTalks
@nirav5, GM Nirav- Zanda ucha rahe hamara!!!
nirav5
@AbhishekHSinghCMT, Wishing you and all Happy Republic Day in advance.
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