TECHM
Long Tech Mahindra @552Tech Mahindra near breakout level at 552. After breakout this level we will see a move towards 565 and 570+.
infy trade setup stop loss targets and personal views 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
INTRADAY TRADE IN TECHMINTRADAY TRADE IN TECHM
SHORT@580
STOP@584
TARGET@576
!!please note trade with caution!!
!!manage your risk!!
!!trade-wise!!
!!please adjust for future rates!!
#5 - Long Tech Mahindra - Expected Upper Breakout 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
TECH MAHINDRA Trading SetupDisclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
Techm wait for the levelsWait 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
Resistance at 200 sma - HCLTECHAbove 61.80% as per fib levels and resistance at 200 sma on daily time frame took resistance multiple times at 200 sma. It will be in major bull run if crossed 200 sma with volume .
tech m book here patialtechm short 542 to 498 is a good ride so keep trails your profit and enjoy ride....
tcs simple learning setup using support resistance educational purpose share
one can observe and learn
TECHM LongGood bottom formation.
Good risk reward trade.
It's all in the chart. SL just below 500 Target 600
TECHM SHORT SELL - SWING TRADE NSE:TECHM has been perfectly break a Trend line on multiple time frames. Its an a swing call holding on 3 to 5 days.
SHORT SELL @ 500
Stop loss @ 534
Targets 1 - 462.5
Targets 2 - 425
