With Indian IT sector looking strong, there are a few potential opportunities . HCLTECH was posted earlier TECHM is another one. Look for new highs while the support holds
buy around 811-807 sl 789 target 860-870. Disc : It's not an advise to buy or sell
IF STAYS ABOVE 790 LOOK FOR 820 AND HIGHER ZONE.
TRADE SETUP ! H & S CHART PATTERN ! Follow Chart Instruction. Do not be Hurry for entry. Wait for Proper Entry Setup. Buy/Sell with Best Risk Reward. Educational Chart Only. Wait for entry setup, if available then Long/short. Reward is 4-6 times .
Im not an expert im just sharing my views on TECHMAHINDRA for today Im not responsible for any profit or loss this is not a recommendation
I hope you can now see how Techm represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor. Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis . Thank You Disclaimer: It should not be assumed...
Tech Mahindra Limited : Information Technology Company ( NSE:TECHM ) is Making Broadening Symmetrical Triangle Pattern (PATTERN BREAKOUT TRADE). This can become a very good trade for INTRADAY traders. Target + StopLoss: There is no target here. You keep the first target as much as the StopLoss you put. And the StopLoss will be the Low/High of the candle that...
Buy near 730-735 with a target of 745-755, keep stoploss 716-720.
It we look at the 30 MIN graph, a lower trendline seems to be forming. This line has been respected many times. This week's trend shows breakdown of that trendline. Go for SHORT if you want to trade in intraday. If the price falls, you can go for a position trade when the price reaches down to 700-698.
Tech-mahindra has show a sign of break-down I.e 1.Broke the trendline 2.Fib Conformation this is my personal view and now lets hope for the best! Whats your view, Comment down!
bullish trend seen Disclaimer: for self study and education only
bullish channel is formed it will within the given range
TECHM - Bearish setup 1 hour chart analysis Harmonics Pattern Hope my Chart Helps !!!!
Chart seems like rounded bottom formation in TECHM Disclaimer: Views are mine, Money is yours
Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade with the help of your financial advisor.