Tech Mahindra LimitedTech Mahindra Limited is a leading Indian multinational information technology (IT) services and consulting company, part of the Mahindra Group. Headquartered in Pune, Maharashtra, with its registered office in Mumbai, the company operates globally, offering a wide range of services across various industries.
🏢 Company Overview
Founded: October 24, 1986, as Mahindra British Telecom, a joint venture between Mahindra & Mahindra and British Telecommunications.
Headquarters: Pune, Maharashtra, India.
Global Presence: Operations in over 90 countries, serving more than 1,100 clients worldwide.
Employees: Approximately 148,731 as of March 2025.
Leadership:
Chairman: Anand Mahindra.
Managing Director & CEO: Mohit Joshi (appointed in December 2023).
Stock Listings: Listed on both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) of India; part of the NIFTY 50 index.
💼 Business Segments
Tech Mahindra offers a comprehensive suite of services, including:
Digital Transformation & Consulting: Helping businesses modernize and innovate their operations.
Enterprise Applications: Implementing and managing enterprise software solutions.
Engineering Services: Providing design and development services across industries.
Network Services: Offering network design, implementation, and management.
Customer Experience & Design Services: Enhancing user experiences through design thinking.
AI & Analytics: Leveraging artificial intelligence and data analytics for business insights.
Cloud & Infrastructure Services: Delivering cloud computing solutions and IT infrastructure management.
Business Process Services (BPS): Outsourcing business processes to improve efficiency.
The company serves various industries, including telecommunications, banking, financial services, insurance (BFSI), healthcare, manufacturing, and retail.
Reuters
📈 Financial Highlights
Revenue: As of the fiscal year ending March 31, 2025, Tech Mahindra reported consolidated revenues (specific figures not provided in the available sources).
Net Income: In Q4 FY2025, the company reported a consolidated profit after tax (PAT) of ₹1,166.7 crore, marking a 76.5% year-on-year increase.
Strategic Focus: Under CEO Mohit Joshi, Tech Mahindra aims to increase its revenue share from the BFSI sector from the current 16% to 25% by March 2027.
🧩 Key Developments
Merger with Mahindra Satyam: In 2013, Tech Mahindra merged with Mahindra Satyam (formerly Satyam Computer Services), enhancing its capabilities and market position.
Acquisitions: The company has made several strategic acquisitions to bolster its service offerings, including the acquisition of Pininfarina (automotive and industrial design), SOFGEN Holdings (financial services IT), and The HCI Group (healthcare IT consulting).
Leadership Transition: In December 2023, Mohit Joshi, formerly with Infosys, took over as CEO and MD, succeeding C. P. Gurnani.
🌐 Global Presence
Tech Mahindra operates in over 90 countries, with a significant presence in North America, Europe, Asia-Pacific, and the Middle East. The company serves a diverse clientele, including Fortune 500 companies, across various sectors.
BANKNIFTY
BAJAJ FINANCE LTDAs of the market close on May 23, 2025, Bajaj Finance Ltd. (NSE: BAJFINANCE) was trading at ₹9,243.50. Based on recent technical analyses, here are the key daily support and resistance levels:
📊 Daily Support and Resistance Levels
Classic Pivot Points:
Support Levels:
S1: ₹9,140.83
S2: ₹9,038.17
S3: ₹8,965.33
Resistance Levels:
R1: ₹9,316.33
R2: ₹9,389.17
R3: ₹9,491.83
Pivot Point: ₹9,213.67
Fibonacci Pivot Points:
Support Levels:
S1: ₹9,146.63
S2: ₹9,105.21
S3: ₹9,038.17
Resistance Levels:
R1: ₹9,280.71
R2: ₹9,322.13
R3: ₹9,389.17
Pivot Point: ₹9,213.67
Camarilla Pivot Points:
Support Levels:
S1: ₹9,227.41
S2: ₹9,211.33
S3: ₹9,195.24
Resistance Levels:
R1: ₹9,259.59
R2: ₹9,275.67
R3: ₹9,291.76
Pivot Point: ₹9,213.67
📈 Technical Indicators Overview
Moving Averages:
20-day EMA: ₹9,046.05
50-day EMA: ₹8,838.25
100-day EMA: ₹8,444.91
200-day EMA: ₹7,961.51
Current Price: ₹9,243.50
Interpretation: The current price is above all major moving averages, indicating a bullish trend.
Technical Summary:
Overall Rating: Strong Buy
Moving Averages: Buy
Technical Indicators: Strong Buy
🔍 Key Observations
The stock is trading above its pivot point and all major moving averages, suggesting bullish
Immediate resistance is observed around ₹9,316.33 (Classic R1), with further resistance at ₹9,389.17 (Classic R2).
Immediate support lies at ₹9,140.83 (Classic S1), with stronger support at ₹9,038.17 (Classic S2).
Please note that these levels are based on historical data and technical analysis, and actual market conditions may vary. It's advisable to use these levels in conjunction with other indicators and market news when making trading decisions.
Bank Nifty Weekly Technical Analysis for May 26–30, 2025Bank Nifty Technical Analysis for May 26–30, 2025
# Current Market Context
Recent Performance: As of May 23, 2025, the Bank Nifty index closed at approximately 55,389, up 456.94 points in the prior session, reflecting bullish momentum. The index is trading within a broken descending channel, indicating potential for further upside if key levels are sustained.
Market Sentiment: I suggest a neutral to bullish bias, with some analysts expecting a breakout above 55,900 or a move toward 56,500–57,500 in the near term. However, signs of distribution and weak open interest (OI) build-up indicate caution, as momentum may stall if support levels break.
#Key Technical Levels
- Support Levels:
Immediate support lies at 54,800–54,850, coinciding with the 20-day EMA zone. A break below 54,850 could trigger selling pressure, with further support at 54,700, 54,450, and 54,250.
Weekly pivot support is noted at 54,600, with a stronger support at 54,300 if a deeper correction occurs.
- Resistance Levels:
Immediate resistance is at 55,520 - 55,700 . A sustained break above this could lead to short covering and targets of 56,000 - 57,500
## Disclaimer
- This analysis is based on recent technical data and market sentiment from web sources. It is for informational purposes only and not financial advice. Trading involves high risks, and past performance does not guarantee future results. Always conduct your own research or consult a SEBI-registered advisor before trading.
Learn Institutional Level Trading part 6Institutional trading involves the buying and selling of financial instruments for large organizations and entities, like mutual funds, pension funds, and insurance companies, on behalf of their clients or members. These entities trade large volumes, potentially influencing market prices and liquidity.
Learn Institutional Level Trading part 3Trading institutions operate through entities which combine multiple investment funds from investors to invest in financial markets. These firms operate differently from people who maintain brokerage accounts since they oversee massive asset portfolios while their market-shaping trading volume defines their operations.
PCR Trading Strategy part 2Typically, a put-call ratio is a derivative indicator. It is designed to enable traders to determine the sentiment of the options market effectively. This ratio is computed either by factoring in the open interest for a given period or based on the volume of options trading
PCR Trading Strategy part 1The Put-Call Ratio (PCR) is a technical indicator used by traders to gauge market sentiment and identify potential trend reversals. It's calculated by dividing the total open interest of put options by the total open interest of call options. A high PCR (above 1) suggests bearish sentiment, while a low PCR (below 1) indicates bullish sentiment. Traders often use PCR as a contrarian indicator, meaning they might look to buy when the PCR is high, anticipating a reversal, or sell when it's low, expecting a downturn.
Option and Database TradingIn financial terms, "option trading" and "database trading" refer to distinct activities. Option trading involves buying and selling contracts that grant the right, but not the obligation, to buy or sell an underlying asset at a specific price within a certain timeframe. Database trading, on the other hand, is not a standard financial term. It likely refers to trading or managing data within databases, which could include activities like data analysis, querying, or manipulation.
RSI and RSI Divergence RSI: Divergence appears when the RSI's highs or lows diverge from price. For example, if the price makes new lows but the RSI bottoms at higher levels, it signals bullish divergence; if the price makes new highs but the RSI peaks at lower levels, it signals bearish divergence.
SENSEX INDEX As of the close on May 22, 2025, the BSE Sensex stood at 80,951.99, marking a decline of 0.79% from the previous session.
📊 Daily Support and Resistance Levels
Based on technical analysis, the following support and resistance levels have been identified for the BSE Sensex:
Classic Pivot Points:
Pivot Point: ₹80,921.72
Resistance Levels:
R1: ₹81,353.51
R2: ₹81,755.04
R3: ₹82,186.83
Support Levels:
S1: ₹80,520.19
S2: ₹80,088.40
S3: ₹79,686.87
Fibonacci Pivot Points:
Resistance Levels:
R1: ₹81,240.04
R2: ₹81,436.71
R3: ₹81,755.04
Support Levels:
S1: ₹80,603.39
S2: ₹80,406.72
S3: ₹80,088.40
Camarilla Pivot Points:
Resistance Levels:
R1: ₹81,028.38
R2: ₹81,104.77
R3: ₹81,181.15
Support Levels:
S1: ₹80,875.60
S2: ₹80,799.21
S3: ₹80,722.83
📈 Technical Outlook
The Sensex has entered a negative trend in the last trading session. It is considered bearish until it trades above ₹81,974 on a daily closing basis.
🔍 Summary
Current Price: ₹80,951.99
Immediate Resistance Levels: ₹81,353.51, ₹81,755.04, ₹82,186.83
Immediate Support Levels: ₹80,520.19, ₹80,088.40, ₹79,686.87
Bearish Threshold: A daily close below ₹81,974 indicates a bearish trend.
Traders should monitor these levels closely and consider broader market trends and economic indicators when making investment decisions.
NIFTY 50 INDEXPre Market analysis for 23/05/2025
#NIFTY50
If market opens flat and breaks 24650 will plan for buying for target 24750.
If market opens gap down, and sustains below 24550 plan for selling for target 24450.
If market opens gap up and sustains above 24650 plan for buying for target 24800.
Disclaimer:-All views are my personal and only for educational purpose.
DABUR INDIA LTDAs of May 22, 2025, Dabur India Ltd (NSE: DABUR) closed at ₹477.05, reflecting a 0.98% decline from the previous session.
📊 Daily Support and Resistance Levels
Based on technical analysis, the following support and resistance levels have been identified for Dabur India Ltd:
Classic Pivot Points:
Pivot Point: ₹476.48
Support Levels:
S1: ₹474.61
S2: ₹473.23
S3: ₹471.36
Resistance Levels:
R1: ₹477.86
R2: ₹479.73
R3: ₹481.11
Additional Support and Resistance Levels:
Support: ₹470.28, ₹473.67, ₹478.38
Resistance: ₹481.77, ₹486.48, ₹489.87
📈 Technical Indicators Overview
The current technical indicators suggest a bearish outlook for Dabur India Ltd:
Relative Strength Index (RSI): 43.56 (indicates a bearish trend)
Stochastic RSI: 11.05 (oversold condition)
MACD: 0.47 (bullish crossover)
Average Directional Index (ADX): 31.01 (indicates a strong trend)
Commodity Channel Index (CCI): -165.91 (suggests the stock is oversold)
📌 Summary
Current Price: ₹477.05
Immediate Support Levels: ₹474.61, ₹473.23, ₹471.36
Immediate Resistance Levels: ₹477.86, ₹479.73, ₹481.11
Given the current technical indicators and support/resistance levels, traders should exercise caution. Monitoring the stock's movement around these key levels can provide insights into potential trading opportunities. It's advisable to consider these technical factors in conjunction with broader market trends and fundamental analysis before making investment decisions.
DIXCON TECHNO (INDIA) LTDAs of May 22, 2025, Dixon Technologies (India) Ltd (NSE: DIXON) closed at ₹15,170.00, reflecting a 2.84% decline from the previous close of ₹15,612.00.
30-Minute Support and Resistance Levels
Based on the 30-minute technical analysis, the following pivot points have been identified:
Classic Pivot Points:
Resistance Levels:
R1: ₹15,184.66
R2: ₹15,305.33
R3: ₹15,383.66
Support Levels:
S1: ₹14,985.66
S2: ₹14,907.33
S3: ₹14,786.66
Pivot Point: ₹15,106.33
Fibonacci Pivot Points:
Resistance Levels:
R1: ₹15,182.35
R2: ₹15,229.31
R3: ₹15,305.33
Support Levels:
S1: ₹15,030.31
S2: ₹14,983.35
S3: ₹14,907.33
Pivot Point: ₹15,106.33
Camarilla Pivot Points:
Resistance Levels:
R1: ₹15,082.24
R2: ₹15,100.48
R3: ₹15,118.73
Support Levels:
S1: ₹15,045.76
S2: ₹15,027.52
S3: ₹15,009.27
Pivot Point: ₹15,106.33
These levels can serve as reference points for intraday trading strategies.
Technical Indicators Overview
The current technical indicators suggest a bearish outlook:
Relative Strength Index (RSI): 30.31, indicating the stock is approaching oversold territory.
Moving Average Convergence Divergence (MACD): -311.32, signaling downward momentum.
Average Directional Index (ADX): 53.38, suggesting a strong trend.
Commodity Channel Index (CCI): -112.93, indicating a potential oversold condition.
Rate of Change (ROC): -8.43, reflecting negative momentum.
Bull/Bear Power: -681.10, emphasizing bearish dominance.
Overall, the technical analysis points to a strong sell signal.
Analyst Ratings
Analyst consensus on Dixon Technologies is mixed:
Strong Buy: 8 analysts
Buy: 8 analysts
Hold: 3 analysts
Sell: 6 analysts
Strong Sell: 1 analyst
This distribution indicates a cautious stance among analysts, with a notable number recommending buying the stock, while others advise selling.
BANKNIFTY : Trading levels and Plan for 23-May-2025📊 Bank Nifty Trading Plan – 23-May-2025
Chart Timeframe: 15 Min | Reference Spot Price: 54,963.25
Gap Opening Threshold: 200+ points
🚀 Gap-Up Opening (200+ Points Above Previous Close)
If Bank Nifty opens around 55,150+, it will enter directly into the Opening Resistance Zone: 55,149 – 55,257 .
🟥 This zone is marked as a high supply area. Price tends to react with either consolidation or reversal due to trapped buyers/sellers from previous sessions.
✅ Plan of Action:
– Avoid aggressive longs right at the open in the resistance zone.
– Wait for a 15-min bullish candle to close above 55,257 for confirmation. This could open the upside to 55,455, the last intraday resistance.
– Bearish rejection patterns (like shooting star, bearish engulfing) in this zone can be used for sell-on-rise trades targeting back to 54,963 or even 54,788.
– Ideal stop loss should be just above 55,300–55,350 zone for short trades.
🎓 Educational Note: Zones like this often act as reversal points for intraday traders. Waiting for confirmation helps avoid traps.
📈 Flat Opening (within ±200 Points)
If Bank Nifty opens between 54,770 – 55,100, it opens near the mid-level or inside the indecisive No Trade Area around 54,963.
🟧 This area lacks clear directional bias. Choppiness, fakeouts, and whipsaws are common.
✅ Plan of Action:
– Stay out during the first 15–30 minutes. Observe trend formation.
– If price breaks and sustains above 55,149, it can give a clean move toward 55,257 – 55,455.
– If price slips below 54,788 and sustains, it may revisit Opening Support Zone: 54,661 – 54,778.
– Breakdown of 54,661 opens the gates for testing 54,416, the last intraday support.
🎓 Educational Note: Inside-range opens are often manipulated zones. Avoid premature entries and let price show strength or weakness beyond known key levels.
📉 Gap-Down Opening (200+ Points Below Previous Close)
If Bank Nifty opens near or below 54,750, we are entering the critical Opening Support Zone: 54,661 – 54,778 .
🟩 This is a demand area where buyers previously supported the market.
✅ Plan of Action:
– Watch price behavior closely near 54,661.
– If bullish reversal patterns (like hammer, bullish engulfing) form and sustain, one can consider a reversal long trade with upside potential to 54,963 and above.
– However, a breakdown and 15-min candle close below 54,661 indicates seller dominance. In that case, target is Last Support: 54,416, and potentially 54,099 if the fall continues.
🎓 Educational Note: Don’t blindly buy dips in support zones. Confirm trend reversal before entering. Always have stop-loss in place.
🛡️ Options Trading Risk Management Tips
✅ Use ATM or slightly ITM options for better price movement and less theta decay.
✅ Always trade with stop-loss based on spot levels, not option premiums.
✅ Avoid trading in No Trade Zones or during sideways market—wait for breakout or breakdown levels.
✅ Book partial profits near intermediate levels and trail SL to protect gains.
✅ Avoid overleveraging. Limit capital exposure to 1–2% per trade.
✅ Control emotions. Don’t revenge trade after stop-loss hits.
📌 Summary & Conclusion
🔹 Opening Resistance Zone: 55,149 – 55,257
🔹 Last Intraday Resistance: 55,455
🔹 Opening Support Zone: 54,661 – 54,778
🔹 Last Support Zone: 54,416
🔹 Deeper Support (Breakdown Only): 54,099
📈 Direction bias will be clear once price exits either support or resistance zone with volume.
⏱️ Wait for first 15–30 minutes before entering trades to avoid false breakouts.
🎯 High probability setups lie near breakout from resistance or breakdown from support.
⚠️ Disclaimer:
I am not a SEBI-registered analyst. This trading plan is shared only for educational and informational purposes. Please consult with a registered financial advisor before making any trading or investment decisions.
Supply & Retested Demand Zone in Play!🟣 Bank Nifty Index – Supply & Retested Demand Zone in Play! | 15-Min Chart Breakdown
📅 Date: May 21, 2025 | 🕒 Timeframe: 15-Minute
Hello Traders 👋
Today's Bank Nifty chart presents a textbook scenario of supply rejection and demand zone defense. These key zones could drive the next directional move, especially as price hovers in a narrow intraday range after sharp volatility earlier in the session.
🔲 Possible Supply Zone: 55,599 – 55,676.50
This zone formed after a strong rally got rejected with aggressive selling. The wick rejections and follow-up red candles confirm the presence of institutional sellers. If price revisits this level, look for shorting opportunities only with confirmation like bearish engulfing or volume spike.
🔲 Re-Tested Demand Zone: 54,599.55 – 54,442.30
A powerful base that sparked a strong reversal rally. The demand zone was successfully retested on May 21 with clear buying interest. Buyers defended this zone again, forming a bullish rejection wick on rising volume – indicating accumulation.
📊 Volume Context:
✅ Spike in volume seen during the bounce from the demand zone – bullish strength confirmed.
✅ Low volume chop as price consolidates near 55,000 – suggests a bigger move is brewing.
📌 Watch for a volume breakout above 3.5M to validate any directional move.
🧠 What Should Traders Watch For?
Short Trade Setup near 55,600–55,675: Look for rejection candles + selling volume.
Long Trade Setup near 54,600–54,450: Wait for bullish confirmation + rising volume.
Avoid entering mid-range without confirmation – it’s a trap zone.
Respect the supply and demand boundaries – this is a range-to-breakout transition phase.
📌 Note: Supply and demand zones are not magic levels—they are high-probability areas where past buyer/seller action can repeat. Combine with price action and volume for precision entries.
💬 Drop your thoughts, questions, or your zone levels below. Follow for more real-time chart education and actionable breakdowns!
BANKNIFTY : Trading levels and Plan for 22-May-2025📊 Bank Nifty Trading Plan – 22-May-2025
Chart Timeframe: 15 Min | Reference Spot Price: 55,065.60
Gap Opening Threshold: 200+ points
🚀 Gap-Up Opening (200+ Points Above Previous Close)
If Bank Nifty opens around 55,265+, price will likely open near or inside the Last Intraday Resistance Zone: 55,415 – 55,510 .
🟥 This is a critical supply zone and may trigger profit-booking or reversal. Price action near this zone must be observed carefully before making any decision.
✅ If price breaks above 55,510 with strength and closes a 15-min candle above it, you may enter a long trade with a potential upside towards 55,816. This is the next probable target, as per price structure and wave projection.
🚫 If price shows rejection in the resistance zone (long upper wick, indecision candle, or bearish engulfing), consider this a sell-on-rise opportunity . The target on downside would be back to the “No Trade Zone” (55,009 – 55,197).
🎯 Plan of Action:
– Long only on confirmed breakout above 55,510.
– Short if price gets rejected and slips back below 55,265.
– Avoid indecisive price action; wait for clarity.
📈 Flat Opening (within ±200 Points)
If Bank Nifty opens between 54,870 – 55,200, it opens inside the No Trade Zone: 55,009 – 55,197 .
🟧 This zone is usually filled with indecision, tight consolidation, and choppy price moves. Avoid initiating trades immediately in this range. Let the market break out or down from this zone for better clarity.
🟢 A bullish move above 55,197, followed by a strong candle close above 55,265, sets up a trade toward 55,415 – 55,510.
🔻 A breakdown below 55,009 and confirmation below 54,900 may trigger a short trade. You can then expect price to slide toward 54,777, and if this level breaks, further downside opens up to 54,412 – 54,481 (Buyer’s Support).
🎯 Plan of Action:
– Do not trade inside No Trade Zone.
– Trade breakout above 55,197 with target 55,415+.
– Trade breakdown below 55,009 with target 54,777 and 54,412.
📉 Gap-Down Opening (200+ Points Below Previous Close)
If Bank Nifty opens around 54,850 or lower, it is opening just above or inside the Opening Support: 54,777 .
🟩 This level could act as short-term support. Watch for any reversal signs like bullish engulfing or hammer pattern near 54,777. If confirmed, a bounce toward 55,000 – 55,100 is possible.
⚠️ However, if price breaks and sustains below 54,777, you may see a fast fall toward the Last Buyer’s Support: 54,412 – 54,481 . This is a major demand zone and could again offer reversal or bottom-fishing trades.
🔴 If even this green zone breaks, avoid longs and let price structure stabilize before considering re-entries.
🎯 Plan of Action:
– Look for reversal near 54,777 or 54,412–54,481 with proper bullish candles.
– Short trade below 54,777 if price sustains with volume.
– Avoid bottom-fishing unless clear reversal is visible.
🛡️ Risk Management Tips for Options Traders
✅ Avoid trading deep OTM options right after the open, especially if inside the No Trade Zone. Premium decay is faster in such zones.
✅ Set Stop Loss based on spot price action (not option premium). Let candles confirm your bias.
✅ Wait for breakout candle close (15-min/1-hour) before initiating trades.
✅ Position sizing is crucial —do not risk more than 1-2% of your capital on a single trade.
✅ Avoid revenge trading —if SL hits, wait and re-analyze instead of forcing trades.
✅ Book partial profits and trail SL in your favor to lock in gains on momentum moves.
📌 Summary & Conclusion
– No Trade Zone: 55,009 – 55,197
– Resistance Zone: 55,415 – 55,510 | Target Above: 55,816
– Opening Support: 54,777 | Major Buyer's Support: 54,412 – 54,481
– Avoid trading in choppy zones —wait for directional moves and confirmations.
– Let the first 15–30 minutes play out, especially in gap-up/gap-down scenarios.
💡 Key Principle: Patience is profitable. React to price, don’t predict it.
⚠️ Disclaimer:
I am not a SEBI-registered analyst. This trading plan is shared purely for educational and informational purposes. Please consult with a registered financial advisor before making any investment or trading decisions.
Institution Trading Strategies part 5Institutional traders incorporate strategies that emphasize both long-term value and diversification in their trading practices. They leverage significant amounts of capital to build portfolios diversified across multiple assets, which helps reduce risk while seeking improved market prices.
Institution Trading part 4Institutional trading involves the buying and selling of large quantities of financial assets, typically conducted by institutional investors like hedge funds, mutual funds, and pension funds. These entities manage money for others and trade in securities, including stocks, bonds, and derivatives.
Support and Resistance part 2Support is a price point below the current market price that indicate buying interest. Resistance is a price point above the current market price that indicate selling interest. S&R can be used to identify targets for the trade. For a long trade, look for the immediate resistance level as the target.
Divergence Trading Divergence occurs when the stochastic oscillator's peaks or troughs disagree with the price. For instance, if the stochastic makes lower highs while the price is rising, it indicates a bearish divergence. Likewise, higher stochastic lows against lower price lows indicate a bullish divergence.
Price Action Trading Price action trading is a strategy where traders make decisions based on the movement of an asset's price, without relying heavily on technical indicators. It focuses on understanding price patterns, trends, and key levels like support and resistance to anticipate future market direction.






















