Tech Mahindra Limited
Long
Updated

TECHM Cypher Pattern Getting ready

179
Forming a Cypher pattern in Techm -2.79% . Long positions can be taken @428 level if it sustains in that range for a immediate target of - T1 (460) , T2 (471) , T3 (482) . SL 405

RSI Indicates that it is going to enter the oversold zone. May bounce back sooner.

Immediate support @ 445 - 447. If it breaks this level long positions can be initiated
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Approaching Bounceback level slowly
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Ready for reversal
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Trade active @ 418

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