A Clear downside it doesn't have potential of upside so it show in the downside due to very high PE and mutual funds slow dump the stock to individual to make a profit. there is recession going on UK so this stock kind of week and it will touch 1100 to 1000 will be on mid-april or may month possibility to touch.
*SWING TRADE* Buy Tech M above 1300 SL 1247 Target 1: 1364 Target 2: 1388 Target 3: 1435 Duration 1-2 months Trade as per your risk rewards
Trend Analysis for Tech Mahindra : Will it cut the support or bounce back and go bullish ?
Buy When 5 EMA Cross 21 EMA On 1 Hour Chart. Note= it is only for educational purposes. Do your own analysis. Thank You
Tech Mahindra is making a really interesting and clear price action. 1. 2022 to mid 2022 - Lower high lower lows 2. mid 2022 to mid 2023 - yearlong box consolidation 3. Fakeout in July 2023 4. Real breakout in August 2023 5. Retest in November 2023 6. presently in higher high and higher low. If you are interested in investing(long term) in IT sector, this stock...
Birlasoft is very strong at the moment. Breakout and have follow up candles. In the recent fall, IT stocks are holding strong at the moment. follow the levels for PriceAction. Targets are in Charts
Stock is trading near strong BO zone, may go to test it's first hurdle, monthly TF used for this chart, so follow entry and exit levels accordingly.
Overview of Nifty IT index. Nifty IT index trading at 52-Weeks high. The Nifty IT Index tracks the performance of 10 Indian IT companies listed on the National Stock Exchange (NSE). It calculates values using the free float market capitalization method, starting with a base date of Jan 1, 1996, set at 1000. This indexing measures the total free float market...
Intraday Trade setup for 26 April I have selected 4 stocks for intraday, not all the trades will get executed. I always place Stop Loss Market Buy/Sell order above or below (for LONG and SHORT) the high/low of the reference candle to make an entry. Entry: 947.85 SL: 953.75 Target: 936 Disclaimer: The analysis or trade setup is of my own. Please do your own...
Namaste! I have selected another stock, which looks good to invest in. You must have wondering, why am I sharing only technology companies? Well, it is the sector which have fallen mostly. I don't like to buy at highs. I like to buy at correction, when there is fear, when the weak-hands get panic and selling it. That's what many of the great investors...
#TECHM #Trending #Stocks #trading Tech Mahindra - Weekly uptrend line got broken out - Expect stock will reach 1062 levels and if that also will break it will go to its yearly support below 1000. Wait for the good price action for Long Investment.
CMP ₹.1292/- Tech Mahindra looking good. Breakout happened in 1 year long parallel channel and 1 year long resistance trend line. Technically looking good but due to the overall blood bath in market recently, it is very difficult for the stock to survive and keep the trend. If it can outlive the whole market trend then a 40% move can be expected from here.
Consolidation Breakout on charts The stock has been consolidating for a while Breakout after closing from Box Target 1500s Stop Loss 1075 Buy above 1290 absolute conviction
Hello Traders and Investors, i hope you all will be doing good. I have brought an analysis on Tech Mahindra, i hope it will be beneficial to you guy's, So let's start:- As we have seen a Neat and Clean solid Breakout of Tech Mahindra stock after a long Accumulation Phase. Do you guy's know What is an Accumulation Phase? Okay i will write what i know about...
Tech mahindra re-testing the breakout level, there is a chance that we see a bounce from here in the stock.
The Diamond Bottom pattern is a technical analysis pattern often used by traders to identify potential trend reversals in financial markets. It is characterized by a series of higher highs and lower lows that form a broadening pattern, followed by a narrowing trading range and an eventual upward breakout. During a downtrend, the price action forms higher highs...
Chart -> Tech Mahindra Weekly After a sharp downtrend, huge consolidation, now ready for an uptrend as stage-2 breakout is on the chart. CMP: 1230 Good Range To Buy: 1165 to 1230 Targets: 1365, 1580 SL: 1130 Weekly Close Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your...