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TECHM: Prepared for news highs

Long
TECH MAHINDRA (NSE:TECHM)  
TradingSutra  
NSE:TECHM   TECH MAHINDRA
Trend Analysis Wave Analysis Elliott Wave TECHM itsector itstocks stockmarketanalysis Technical Analysis stockmarkettrading stocktrading
18
3
trendanalysis waveanalysis elliottwaves techm itsector itstocks stockmarketanalysis technicalanalysis stockmarkettrading stocktrading
After a considerable correction as a running flat , TechM is ready to break the recent high to trade above the all time highs in the uncharted territory. The correction was assumed as a fourth wave correction & the current rise can be considered as the fifth wave.


Trading strategy:

Buy techm with sl of 1020 for tgt of 1140-50.
Manish Bhardwaj (CMT L-1)
Analyst & Co-Founder
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