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TECH MAHINDRA LTD
Short

TECHM may fall on tuesday, can go short

33
TECHMAHINDRA is showing a bearish divergence on the RSI indicator. It is forming higher highs in the chart and forming lower highs in RSI thus indicating a bearish divergence, also it has shown a negative MACD crossover in the 1 hour time frame,thus giving a sell signal.
First target would be of 724 and my stoploss would be at 763.
Harshavardhan230101
DivergenceTechnical IndicatorssellsignalstoplosstargetTrend Analysis

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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.
DivergenceTechnical IndicatorssellsignalstoplosstargetTrend Analysis
Harshavardhan230101

Disclaimer

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.