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.
NIFTY
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.
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.
APTUS VALUE HSG FIN (I) LTDAs of May 22, 2025, Aptus Value Housing Finance India Ltd (NSE: APTUS) closed at ₹336.65, marking a 1.89% increase from the previous session.
📊 Daily Support and Resistance Levels
Based on technical analysis, the following support and resistance levels have been identified for Aptus Value Housing Finance India Ltd:
Classic Pivot Points:
Pivot Point: ₹328.32
Support Levels:
S1: ₹298.13
S2: ₹264.57
S3: ₹234.38
Resistance Levels:
R1: ₹361.88
R2: ₹392.07
R3: ₹425.63
Fibonacci Retracement Levels (from recent downtrend):
Resistance Levels:
23.6%: ₹319.49
38.2%: ₹323.75
50%: ₹327.20
61.8%: ₹330.65
76.4%: ₹334.91
📈 Technical Indicators Overview
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: ₹336.65
Immediate Support Levels: ₹328.32, ₹298.13
Immediate Resistance Levels: ₹361.88, ₹392.07
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.
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.
Breakout Building Up from Falling Wedge PatternIndex: Nifty 50
Timeframe: 15-minute
Date: 21st May 2025
Price Action Insight
After a strong sell-off, NIFTY 50 formed a solid V-shaped recovery, followed by a series of higher lows, indicating a shift in momentum from sellers to buyers. Price is now consolidating near a key resistance level at 24,839.35, suggesting a potential breakout or rejection setup.
Chart Patterns in Focus
Falling Wedge (Bullish Reversal)
Breakout occurred after price compressed into the wedge.
A textbook reversal pattern signaling buying interest returning.
Bullish Flag / Pennant Formation
Post-wedge breakout, price is consolidating in a narrow range (flag).
Typically seen as a continuation pattern before another bullish leg.
Trendline Support
Price is holding above an ascending trendline, forming higher lows, reinforcing bullish bias.
Volume Analysis
Volume spiked during the wedge breakout – confirming buyer participation.
Current consolidation shows declining volume, indicating a possible volume expansion ahead.
Watch for a volume surge during breakout or breakdown for trade confirmation.
Educational Insight: How to Read This Setup
Why this matters for traders:
A falling wedge + bullish flag is a high-conviction combo.
Volume contraction during consolidation is healthy and often precedes explosive moves.
Price rejecting or sustaining above resistance gives traders directional edge.
Always wait for confirmation with price action + volume to avoid fakeouts.
Trade Scenarios
✅ Bullish Scenario (Long Trade)
Entry: Above 24,839.35
Target Zones: 24,900 / 24,950
Stop-Loss: Below 24,740.80 (below consolidation and trendline support)
Confirmation: Breakout candle with above-average volume
❌ Bearish Scenario (Short Trade)
Entry: Below 24,740.80
Target Zones: 24,650 / 24,580
Stop-Loss: Above 24,839.35
Confirmation: Breakdown from trendline support + rise in selling volume
3MINDIA at Breakout Crossroads📅 Chart Type: Daily
📉 Structure Observed: Downtrend Channel → Breakout Attempt → Symmetrical Triangle
📌 Current Price: ₹29,620
🔍 Chart Analysis Summary:
3M India has been under a prolonged downtrend since mid-2023, clearly respecting the falling channel (highlighted in blue). However, since March 2025, a base seems to be forming, and price action has converged into a symmetrical triangle pattern (yellow lines), signaling a potential breakout.
💥 Trade Ideas
✅ Long Trade (High Risk, High Reward):
If price decisively breaks out above the triangle resistance (~₹30,000+), it could be the first real sign of trend reversal after months of weakness. Potential targets could be:
₹31,200 (resistance zone)
₹33,500+ (previous swing highs)
Stop-loss: Below ₹28,800 (lower triangle boundary)
Risk: Moderate-High (False breakout possibility due to low volume)
⚠️ Risky Trade:
Given the triangle formation at the end of a downtrend, this could also be a bearish continuation pattern. A fake breakout followed by rejection could trap bulls.
💡 Avoid trading until confirmation (volume spike + close above resistance or breakdown)
📉 Short Trade:
If price breaks below ₹28,800 with volume, the stock could revisit:
₹27,000 (March support)
₹25,000 (channel support retest)
Stop-loss: ₹30,100 (triangle resistance)
Risk: Medium
Reward: High if channel resumes downward
🔁 Swing Trade Perspective:
This setup is ideal for swing traders who thrive on breakouts or breakdowns from tight consolidations.
📈 Breakout Swing: Enter above ₹30,000 with target ₹33,500
📉 Breakdown Swing: Enter below ₹28,800 with target ₹25,000
🧠 Wait for confirmation candle (daily close + volume) before entry.
📌 Key Zones to Watch:
Resistance: ₹30,000 – ₹31,200
Support: ₹28,800, ₹27,000
Volume Spike: Needed to confirm move direction
🧠 Final Thoughts:
This is a make-or-break level for 3M India. Traders should be cautious but alert. Whether you're bullish or bearish, this consolidation is unlikely to last much longer — and a sharp move is imminent.
"In the market, the biggest profits often come from waiting for the right setup. This might be one."
📉💰 Trade responsibly. Always manage your risk.
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.
Basic to Advance Trading The very best way to get into trading is to find a platform you trust, learn as much as you can about trading beforehand and then practise to get your skill, technique and strategies right. Thereafter, all that remains to be done is to create a trading plan and open a live account.
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.






















