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SHORT Tech Mahindra Below 788. Target 780. SL 794.
#SELL TECHM (TECH MAHINDRA) BELOW 686
TechM can be shorted on any rise. One level of shorting could be 715-720 with SL above 724 for Targets of 690-664 or more.
PENNANT FORMATION IN TECH MAHINDRA NOV FUT WAIT FOR THE BREAKOUT EVENING STAR PATTERN IN FUTURES CHART PROBABLE BREAK DOWNSIDE
BUY TECH MAHINDRA ABOVE 663 FOR TARGETS 671/678/686 SL 650
Buy TECHM above 711 (for aggressive traders only) T1: 720 T2: 729 T3: 740 SL: 697
TECHM Waiting for Flag BO. If BO done 100 points move expected Tar1:775 Support:725,722
There is clear distribution seen in Tech Mahindra daily charts with clean divergence on RSI, As we can see on chart there is very good support around 720 levels which was earlier a strong resistance, also volume has spiked up recently during last couple of down days. TechM has been very resilient recently and despite the steep fall in Nifty we haven't seen much...
Buy TechM between 760-756 t1: 795 t2: 840 t3: 905 t4: 985 SL: 596
Stock is closely following the trend line and up move seems to stall at 780. A break above 780 with volumes is a good buying opportunity with Target of 803 and a breakdown below the trend line which comes around 758 levels may see selling pressure till 745