you can buy on breakout or you can sell at resistance depend on the candle both side potential avoid first 15min breakout wait for 15 min candle closing targets are marked if the breakout comes after 10:00 am then the probability of winning will be more. follow risk management do your own analysis do workout do meditation start reading books
both side potential wait for box breakout avoid first 15min breakout wait for 15 min candle closing targets are marked if the breakout comes after 10:00 am then the probability of winning will be more. follow risk management do your own analysis do workout do meditation start reading books
Chart prediction is on Monthly charts and long term view if it follows this pattern Similar to Wipro even Tech Mahindra is probably making diamond chart pattern. The Fibonacci retracement support is taken at 78 percentile and consolidating since couple of months. The Long term target in 1 to 1.5 years is 2000+ Go long once the stock closes above 1165 on...
Technical analysts use support and resistance levels to identify price points on a chart where the probabilities favor a pause or reversal of a prevailing trend. Resistance occurs where an uptrend is expected to pause temporarily, due to a concentration of supply. Market psychology plays a major role as traders and investors remember the past and react to...
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...
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.