sethinomics
Long

TechM - Long term trend reversal

NSE:TECHM   TECH MAHINDRA
TechM             stock has crossed its 20,50 and 100 EMA on weekly charts. Stock has also broken above 2 year old falling trendline . Risk/reward seems very favorable here. I don't expect stock to fall below 430. On upside, we may see even 600 in 6-9 months. We hold.
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