Short TECHM below 460 T1: 445 T2: 440 T3: 435 SL: 467
Short TECHM for 4-5 trading sessions. Entry, SL and target as on chart.
Buy above 412 (blue lines) for the targets of 450 (green lines) with stop loss of 400
hi, explained in the charts
Short Tech Mahindra Target : 380 Stop loss: 393.5
Buy TECHM abvove 382 for 387 and 393. Maintain stoploss of 378.
short Tech mahindra with target of 368.3
I was about to post this by Monday itself, but went on with other stocks, anyway now you have it in TechM. May be if you are conservative enter on Pullback & Enjoy the game !
I wanted to confirm the trend on this one, Expecting a bull move on this, after the rebound from the support !!
As per the weekly charts, TECHM is strong and bounced off from support level. Buy for the targets of 500 and 550. Accumulate more if it goes below 400.
Forming a Cypher pattern in Techm -2.79% . Long positions can be taken @428 level if it sustains in that range for a immediate target of - T1 (460) , T2 (471) , T3 (482) . SL 405 RSI Indicates that it is going to enter the oversold zone. May bounce back sooner. Immediate support @ 445 - 447. If it breaks this level long positions can be initiated
Here is a TECHM trading setup on hourly chart. Please use this as a reference when you trade.
It is been observed on the hourly chart that the price action is forming higher highs and higher lows indicating a trend moving to upside. Now, it has further broken above the prevailing resistance level of 507-510 and now further move to 520 levels to fill up the gap zone. Target: 520 Stoploss: 500