yashwantkothari21
Short

TECHM CAN BE BEARISH SOON

NSE:TECHM   TECH MAHINDRA
Other than the points mentioned on my instagram IGTV @kotfotrading , from a longer time frame the current price is near to Fibonacci 38.2 level.
Buyers are dying out and I think this could be the last rally before TECHM starts falling (for short term). Also the 700 price zone is a Value area and Point of control on Volume Profile . Market is closed on Monday so lets see how TECHM opens on Tuesday.

I could be wrong. Do your own research before taking any trade
good predictions ,sir..for lower side may slip upto 680..and if break above 699...then may touch upto 1st target 705..and 2nd target 713
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@a_nilesh, Okay looks interesting. IT sector itself is kinda strong but techm is weak. Its not that liquid as well in options. lets see how it opens. where are from Nilesh?
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