TECHM - STWP Equity Snapshot________________________________________
📊 STWP Equity Snapshot – Tech Mahindra
(Educational | Chart-Based Interpretation)
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📌 Market Structure (Simple View)
Price has moved up strongly from a well-defined support area
Recent candles show active buying
Price is now near an earlier resistance zone
👉 Strength is visible, but price is at an important decision area
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📌 Intraday Reference Levels (Structure-based)
Reference Price Zone: 1681
Risk Reference (If price weakens): 1548
Observed Upside Zones: 1840 → 1945
These are reaction zones, not predictions.
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📌 Swing Reference Levels
(Hybrid Model | Observational)
Reference Price Zone: 1681
Risk Reference (If support breaks): 1482
Higher Range Zones (If strength sustains): 2078 → 2375
These levels reflect the bigger structure, not short-term noise.
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🔑 Key Levels – Daily Timeframe
Support Areas: 1620 | 1570 | 1539
Resistance Areas: 1701 | 1731 | 1782
These are zones where price has paused or reacted earlier.
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📊 What the Chart is Saying (Very Simple)
Trend is recovering, not fully trending yet
Momentum is strong recently, but near resistance
Volume supports the recent up move
Price may pause or consolidate before the next move
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📈 Final Outlook (Condition-Based)
Momentum: Moderate
Trend: Range to Recovery
Risk: High (near resistance)
Volume: High
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💡 STWP Learning Note
Strong candles look exciting, but discipline matters more.
Let price accept above resistance before assuming continuation.
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⚠️ Disclaimer
This post is shared only for educational and informational purposes.
It is not investment advice or a recommendation.
Please consult a SEBI-registered financial advisor before making any financial decision.
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📘 STWP Approach
Observe price. Respect risk.
Let structure guide decisions — not emotions.
🚀 Stay Calm. Stay Clean. Trade With Patience.
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