TECHM
tech m , weekly levels the stock had not performed yet , and is one of the most badly beaten stocks in the IT sector thus , now to maintain the index the stock need to perform and current structure as far as its above 650 looks very well!
MyAlgo: xRWave-Blaster: Intraday call:15Jun-TECHM-ShortBased on my "xRWave-Blaster" predictive trading methodologies, its going to be a RED candle on 15-Jun-2018 for TECHM
Sell Below(5Min candle close): 697.1 for targets -
T1: 691.9
T2: 688.7
T3: 685.5
SL: 702.7
Note: These calls are based on my own analysis. It may or may not work well for you.So please carefully consider whether it is suitable for you and please do your own research before attempting any. The profit/loss made by you due to this call, is solely your own responsibility. Thanks, All the best. Happy Trading. :-)
TECHM movements for monday intraday levelszones are created.. election wild swing are expected to happen on Monday. Watch these levels support and resistance on TECHM.
Short TECHM around 711-115 sl 730 trgt 660NSE:TECHM has printed a nice bearish pinbar around its life time high......high chance of reversal ...tomorrow i will look to short.......contra trend trade..... risk is high....only trade with light position
Tech Mahindra: Screaming buyBuy Tech Mahindra at 638
Target: 650-660-670
Strictly positional basis; no intraday
Happy Trading
SL your own :)
As target always get hit
Enjoy
nifty IT levels , possible upsides and slides !!!!!!plotted levels for nifty it , need to check it closely to take position in it sector !
TechM : Accumulation happening above 50 DMAAccumulation happening above 50 DMA of 604 with volumes of 3M above the average volumes
TechM : H&S in making NSE:TECHM is making H&S pattern and moving towards completing the right shoulder.
CMP 626
Sell below 621
SL 539
Target 586 / 560
Tech Mahindra - Stratgey for office going peopleHi All ,
Strategy for office going people .
Analysis : Look at weekly chart ,Nice breakout from pull back in feb , again a pullback candle followed by green candle of this week
Target zone mentioned on chart.
Rule 1 : No naked put /call buy /sell , No over leverage and buy /sell of 5-10 naked lots.
Strategy :
Buy 650 march call 1 lot @ 5.6
Sell 670 March call 2 lot @ 2.9
Don't violate above ratio.You need capital of 2 lakh for this ,in case you dont have, this trade is not for you.
Any close below 650 at expiry will give us small profit of 20 paisa.
Close at 660 will give us 4 rs on 650 call and 5.8 rs on 670 call i.e net 9.8 profit
Close at 670 will give us 14 rs on 650 call and 5.8 rs on 670 call i.e net 19.8 profit
Close at 680 will give us 24 rs on 650 call and 14.5 rs loss on 670 call i.e net 9.5 profit
Close at 690 will give us 34 rs on 650 call and 34 rs loss on 670 call i.e net zero loss /profit.
We will close our position before it reaches 690.
Consult your financial adviser before investing , options are risky , risk of capital loss involved.
Short TECHM around 625 for first trgt of 600 sl 632NSE:TECHM printed a bearish pinbar at 630 ...showing sign of reversal at least till 600... i will go short around 625 tomorrow
TECHM Channel BreakoutTECHM is moving in an up channel for a couple of months now. Currently on the edge. awaiting a breakut or reversal.
TECH Mahindra short setup (Bollinger bands strategy)Based on Bollinger bands strategy we can go short at CMP (627)
T1: 613
T2: 600
T3: 590
SL: 638
Tech Mahindra Mid term view from weekly chartAll indicators are positive . It may reach the target range of 630-645 zone in medium term.
Vijayaraghavan,
Kovilpatti.
TECHM Channel BreakoutTECHM has been moving in a down channel for over an year. Currently on the edge , awaiting a reversal or breakout.Made a shooting star last week.
Its weekly, will take million years.
SHORT Wedge Pattern & DivergenceThe stock has formed Rising Wedge and showing continuous divergence. One can short the stock with small SL of high of today for a target of 440 which offers a decent Risk to Reward ratio. Wishing all the mates Happy and prosperous Diwali..
TechM : Easy Technicals to shortI was about to post this by Monday itself, but went on with other stocks, anyway now you have it in TechM. May be if you are conservative enter on Pullback & Enjoy the game !
