wait for the price to take support
#TECHM :- cmp 664.55 buy for tgt 720rs with sl 590 clbs BREAKOUT DONE HUGE VOL. 52WEEK HIGH
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 . Disclaimer: It should not be assumed that the...
On 20th july our levels worked like a charm, good profits made. As can be seen in the chart, TECHM is in a trend so play with the trend with drawn support and resistance levels.
Trade with trend here, place your targets and stop loss according to support and resistance trend line.
589 is a structural support zone once push upside to above golden color line it will be strong bullish momentum till 630 and 648.
Follow for latest updates CMP- 600 Buy above 600 with the stop loss of 594 Targets- 606, 608, 610
Long Tech Mahindra above 605 for Intraday Target 635 and Short term target is 670+ with strict stop loss is 595. Here You will get 1: 7+ risk-reward. Disclaimer: This is my personal view. kindly take the advice from your financial adviser before initiating the trade.
cmp - 546 Target - 550 stay cautious . have stoploss
Tech Mahindra near breakout level at 552. After breakout this level we will see a move towards 565 and 570+.
infy i see the stock shown underperformance as compared other stocks and added to it not shown much to help index in the recent upmove now as index is 1000++ point up in 4 /5 days a pullback cnt be denied thus the responsibility to hold comes on shoulder of non perforforming counters
long on BO above 566 Fibonacci support at 559
INTRADAY TRADE IN TECHM SHORT@580 STOP@584 TARGET@576 !!please note trade with caution!! !!manage your risk!! !!trade-wise!! !!please adjust for future rates!!
NSE:TECHM Expected Upper Breakout Reasons being: 1. Expected Breakout in Wedge Pattern line in Daily chart 2. Breakout in OBV Long Bank of Baroda with a target of 570 and 600 for 8 to 10 days. SL around 505
Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
Wait for the price to touch the trendlines Wait for the price action at the trendlines Take a trade based on the breakout or reversal at trenline