TECHM Weekly chart - The analysis is done on weekly as well as on Daily TF hence price may take few weeks to few months in order to reach the targets. Trade setup is explained in image itself. The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade Checkout my other ideas...
A shooting star occurs after an advance and indicates the price could start falling. The formation is bearish because the price tried to rise significantly during the day, but then the sellers took over and pushed the price back down toward the open. Traders typically wait to see what the next candle (period) does following a shooting star . If the price declines...
only invest if u believe in the company i was waiting for a long time to invest in this comapany my targets on techmahindra are for two years
NASDAQ:NDX my first target is 12800 fourth down move completed on daily need confirmation on weekly time frame rsi bullish on daily so i will be buying any pullback on nasdaq the whole down move was a correction if this level holds (retracement ) level marked on the chart and if all pieces of puzzles are put correctly 20000 on nasdaq is not very difficult only...
Key highlights: 💡⚡ On basis of Weekly Time Frame 📊 Currently NIFTYIT has given Double Bottom Breakout with confirmation. 📊 Keep an eye on IT sector's scripts. 📊 Example : LTTS , COFORGE , TECHM 1st Target - 32816 2nd Target - 34381 Support - 30559 ⚠️ Important: Always maintain your Risk & Reward Ratio. ⚠️ Purely technical based pick. ✅Like and follow to...
Nifty IT forming a double top patter. Stocks to watch out: 1. TCS 2. HCLTech 3. TechM 4. Infy
Tech Mahindra breakout or breakdown level Tech Mahindra is an Indian multinational information technology services and consulting company. Part of the Mahindra Group, the company is headquartered in Pune and has its registered office in Mumbai. Tech Mahindra is a US$6.0 billion company with over 158,000 employees across 90 countries.
Here is my view on tech mahindra . currently trading inside a range and may give a breakout in next few days. watch and analyse.
#NIFTY50 GLOBAL MARKET : Mild Bullish Nifty : 1D - Mild Bearish : Strong support at 17600 & Resistance at 17800 . If Nifty breaks, close and cross above 17800 in 1hr candle then look out for 18000. Sectors To watch: IT, Pharma. Stocks : #canbk, #sbin, #TechMahindra
📊 Script: TECHM (TECH MAHINDRA LIMITED) 📊 Nifty50 Stock: YES 📊 Sectoral Index: NIFTY IT / NIFTY 500 📊 Sector: Information Technology 📊 Industry: Computers - Software & Consulting Daily timeframe Trendline + Descending Triangle Breakout. Weekly timeframe Trendline + Descending Triangle Breakout. Key highlights: 💡⚡ 📈 Script is trading at middle...
Tech M Daily TF Breakout we are seen from last few months it stock not moving much cause of some crisis if we are seeing on like chart if it starts to move it can make nifty to rocket like
#TechM CMP 1127 Technically wait for close abv 1140 Tgt 1250/1350/1500 Showing good YOY sales growth. Many Acquisitions in past 1-2 year. Hoping for better synergy.
IT sector Analysis. How to find stronger stocks with momentum in strong sector.
Tech Mahindra Moving out of channel. One can target 1500 plus.
Tech Mahindra Stronger in IT Sector. It is the example to good momentum better than sector average.
IT Sector Breakout. After long time reversal sign can be seen in IT sector..
IT index and IT stocks was pulling nifty down & we are observing the downtrend since Jan 22 but looking like we are approaching to an end to it. A series of up move is expected in this Index. On an Hourly TF index is bullish above 28k, On a 4 Hr TF index is bullish above 28.5k On a daily TF index is bullish above 29k On a Daily TF index is bullish above...