TECHM forming a bullish triangleWith Indian IT sector looking strong, there are a few potential opportunities . HCLTECH was posted earlier TECHM is another one. Look for new highs while the support holds
Techmahindra
Tech Mahindra Trade Setup ! TRADE SETUP !
H & S CHART PATTERN !
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
Wait for entry setup, if available then Long/short.
Reward is 4-6 times .
TECHMAHINDRAIm not an expert im just sharing my views on TECHMAHINDRA for today
Im not responsible for any profit or loss this is not a recommendation
Techm ShortI 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 .
Thank You
Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these products are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
techM long positon just for practice | please comment if u likeNSE:TECHM
techM long positon just for practice
TechM - Go long if breaks above IB (Intraday / BTST / Swing)Go long around 788
Targets based on fibo
SL of 778
(ENTRY STRICTLY after breaking above Inside Bar)
Buy Tech Mahindra @ CMP of 726Buy Tech Mahindra @ CMP of 726
Target - 736, 746 SL - 716
(Resistance at 730 - 732.2 Zone)
Stock is moving in up trending channel. Expecting continuation of trend after retracement.
Trading near trend line & Moving average support.
TECHM DAILY | Short for intraday, Long for positionIt we look at the 30 MIN graph, a lower trendline seems to be forming. This line has been respected many times. This week's trend shows breakdown of that trendline.
Go for SHORT if you want to trade in intraday.
If the price falls, you can go for a position trade when the price reaches down to 700-698.
Tech mahindra stock to be taken for long entryStock of Tech M is in very bullish mode & Bo has been done today above the level of 700. Now long entry can be taken above the level of 725 for the next target of 742 with the SL of 710. If stock able to cross the level of 745 successfully then we can see more strength. So add the stock in your watch list to see the price action movement of the stock.
Always do trading as per your Reward to Risk ratio means Never risk more than you can afford to lose on a single trade. Please keep patience & wait for the levels means Sit and wait for the right opportunity. Request to like & follow for more such ideas of technical analysis learning.The idea sharing is for educational purpose only. In case any suggestion advice required feel free to ask.
Watch the free trading ideas performance sheet for the month of July-2020
drive.google.com
TechM: Bullish Trend Educational purpose onlybullish trend seen Disclaimer: for self study and education only
Tech mahindra stock to be taken for long entryStock of Tech mahindra is on bullish mode & long entry can be taken after the TL broken above the level of 668 for the next target price of 702 with the SL of 648. The stock is also forming the positive divergence is another sign of strength. All important levels are marked on the charts for your understanding. so add the stock in your watch list to see the price action movement of the stock.
Always do trading as per your Reward to Risk ratio means Never risk more than you can afford to lose on a single trade. Please keep patience & wait for the levels means Sit and wait for the right opportunity. Request to like & follow for more such ideas of technical analysis learning.The idea sharing is for educational purpose only. In case any suggestion advice required feel free to ask.
Watch the free trading ideas performance sheet for the month of July-2020
drive.google.com
Go Long on Techm and short at level Guys Techm looking breakout and 700 may test as per trend line
short at the levels of 700 as per harmonics
Tech mahindra stock to be taken for long entry.clearly, we can see after the BO level of 630 stock has sustain very well & closing of the day is above the level. So now once again after the BO level of 655 we can take long entry for the target price of 670 & after 680 we can clearly see the 715 levels in the stock. but in case of weak global sentiment this stock can go in bearish mode. So the best practice is to keep the SL trailing in these type of stocks.
Always do trading as per your Reward to Risk ratio means Never risk more than you can afford to lose on a single trade. Please keep patience & wait for the levels means Sit and wait for the right opportunity. Request to like & follow for more such ideas of technical analysis learning.The idea sharing is for educational purpose only. In case any suggestion advice required feel free to ask .
SHORT TECHMI 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 methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these products are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
