IT sector Analysis. How to find stronger stocks with momentum in strong sector.
Tech Mahindra Moving out of channel. One can target 1500 plus.
Tech Mahindra Stronger in IT Sector. It is the example to good momentum better than sector average.
IT Sector Breakout. After long time reversal sign can be seen in IT sector..
IT index and IT stocks was pulling nifty down & we are observing the downtrend since Jan 22 but looking like we are approaching to an end to it. A series of up move is expected in this Index. On an Hourly TF index is bullish above 28k, On a 4 Hr TF index is bullish above 28.5k On a daily TF index is bullish above 29k On a Daily TF index is bullish above...
if break trend line it can entry @ 1085 First target, 1195 Stop loss 1060 RRR 1:4.5 c mp - 1063 - It is near and upper then 1 Month and 3 Month and 5 days point of control
Day Chart/Weekly Chart/Monthly Chart It is showing that the downtrend is breakout and starting uptrend, need to first confirm @ 1100 when crossing then buy. The range of buying price is @1100 to 1110. The first target price is @1575 (43%) and the time period is 3 to 6 months. The second target price is @1839 (66% Return) and the time period is 3 to 6...
Looks like IT index 4th wave may have just ended. Now big 5th wave can come.. Keep stop loss 30400 Target can be 24000 to 22500.. Risk reward is super. cmp 29900
Parallel channel breakout @ 1100 (17 Aug 2022) 1) The first target is @1370(20% if buying @1130) 2) The second target is @1570(35% if buying @1130) 3) The third target is at an all-time high @1815(60% if buying @1130) 4) Stoploss @990(14% if buying @1130)
Techm looking good in chart If cross 1100 and sustain up move possible
start your sip; otherwise if its starts running then it will become difficult to catch;fundamentally strong at bottom ;
TECHM; good opportunity to start sip or invest in bulk fo quick 10 to 20 percent gains; no sl; fundamentally strong; don't run after penny or momentum stocks; hit like
Techm once start sustains above 1070 it will looking for good upmove
Shooting Star pattern in 1 Hour Time-frame. SL 1068 1:1 Target 1032.
At resistance. Made bullish hammer today. Keep on radar tomorrow....
Chart -> TECH MAHINDRA Daily After a brief downtrend, Tech Mahindra has given a double bottom breakout with a volume pop-out. CMP: 1032 Target: 1100 SL: 1010 Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking any action.
TECH MAHINDRA moving Downtrend channel. In between seems bullish pennant flag pattern formation in 4hrs chart. keep concentrate for breakout. If price breakout, the pattern will activate. Then it will move towards resistance. Refer upcoming Targets.
Good evening friends, trend reversal might happened till its above 980 bullish can show good move in short term. Our horizon one month target 1060.