Tech Mahindra is at its previous Trendline resistance zone and it remains to see if it can make it a support now. A breakdown can take it lower to dotted black trend support levels. Considering the strong quarterly results by Accenture as well, and good Margin of Safety here, one can accumulate slowly. PE levels are near historical 10 year levels and a good...
TECHM is at important zone of support. Awaiting for a little retracement above 1055.
---------- Timeframe: Monthly---------- After making an all-time high(ATH) in 1838 , prices have started collapsing to correct the previous move. The fair value area has given two resistance on the upper band, and four supports on the lower band of the channel. Excess is showing that sellers are very aggressive with their inconvenience levels. Key Level...
#Techm Long (14 June) Short term Buy at CMP-1050 SL- 1042 Target- 1065, 1072 Join us, Learn more, Earn more Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.
Stock holding Support Area. 3-4 successive Closes above 1182 levels can result in sustained moves higher as per the Chart shown. Plan accordingly.
📈 Tech Mahindra 📉 My Findings :- 1. Breakdown of Strong Support Zone. 2. Lower High and Lower Low Formation. 3. Close Below Seven Months Low. 4. IT Index also week. Check Chart below. Bias- Short Target- 1175 and 1046 SL- 1429 RR- 1: 2 IT Index Chart :- All Important Supports and Resistances are drawn in chart. All levels are on closing basis. Please have...
Stock Entering Value Buying Zone 1080 - 910 for Medium Term Investors.
Tech Mahindra - Long when it cuts the current lower trend Bounce back when it reaches the accumulation zone... Educational purpose ...
Basic Technical Analysis - 1. Scrip is in a downtrend, following a parallel channel on Daily TF. 2. Recently gave a breakdown from a long term (June'20) trendline. 3. Bounced back from higher TF (weekly) demand zone after breakdown. 4. Other marked DZ (green), SZ (red) levels are respected. 5. 2nd demand zone & approaching 200 EMA might now act as resistance in...
NSE:HCLTECH #HCLTECH fundementally strong pick, shows good volumes delivered results in this bearishmarket, All the details explained in chart. Marked the levels for practice. Today we have bagged 7k profit on this pick and results shared. Happy LEarning !!
NSE:TCS #TCS BO level shared in Aug 21 and it booked 20% profits. Now stock reached the same level 5th Time. Seems to be weak below 3370. Marked levels for practice. Happy LEarning !!
Only for educational purpose , please follow levels.
Bearish Engulfing on Day candle that means this stock is weak. If in coming days we 1440 or 1420 breached then we can short until our target met. Initial target : 1401 Exit Trade : 1364
#Techm Long (5 Apr) Breakout & retest at 100 day EMA Buy at CMP-1510 SL- 1455 Target- 1618, 1665 Join us, Learn more, Earn more Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose. #BREAKOUTSTOCKS #nse #StocksToBuy #Nifty
NSE:PERSISTENT #NSE:PERSISTENT trading bullish for few days and reached key resistance level, Post confirmation, may show good momentum, all levels marked on chart !! Happy LEarning.
Techm has given short term breakout after going through consolidation Long for 1620/48 as targets As shorts are trapped with todays move will we see it before march expiry is to be watched
Buy Tech Mahindra for Positional Trading as well as Investment💸🔥💸 Comment your views!!!🧐🤔🧐 . 💡Key triggers for future price-performance: 1) Healthy deal wins, traction in communication segment led by legacy modernisation, 5G, customer care, automation, network and cloud to drive revenues. 2) Pruning of low return geographies, acceleration in Europe and improving...
What goes down comes up, in five minute Moving average in a down trend the MA line stopped touching the bars, indicating a following market to fill the gap