Get started

Techmahindralevel

TECH MAHINDRA long term analysisTech mahindra , the IT giant which had fallen almost 50% from its 2021 highs has been consolidating in a range from 1150 to 1000 levels for more than 300 days , any breakout on either side will give huge movements on either sides , on upside if theres breakout the stock can test 1400 levels (20%) , on downside if theres a breakdown a big fall is possible towards 800 levels(20%) which is a major long term support for the stock and one should not be missing the chance to buy this stock for long term at 800 levels if comes PS: All the levels are derived from Fibonacci and Harmonic patterns and very very strong support resistances
NSE:TECHMLong
by sniper1290
Techm buy @1100 to 1110Day 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 months. The First Stoploss @1000 (10%) The Second Stoploss @944 (14%) The stock fundamentally strong ROE 21%, Sales Growth TTM 21%, Profit Growth TTM 13% Maintaining a healthy dividends. This idea is only for educational and training purposes. Please confirm your technical analysis then invest. thank you
NSE:TECHMLong
by mounalai
Tech Mahindra Chart Analysis !!📈 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 a look and revert back if you need some more study on it. Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
NSE:TECHMShort
by ShelendrAgrawal
Simple Trade Setup | TECH MAHINDRA | 07-03-2022 [INTRADAY]NSE:TECHM Trade Setup for 07-03-2022 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level. 4) Avoid gap up or gap down chase. Wait and trade between levels. Please refer below chart for levels. Hope I made it easy to understand it. Do comment your doubt or suggestion. Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
NSE:TECHM
by Trading_hawk
Simple Trade Setup | TECH MAHINDRA | 19-10-2021 [ INTRADAY]NSE:TECHM Observations: 1) On 1 day time frame, it took good support from 50DMA and also broke 21DMA and closed above resistance range 1465-1475. Now this range should work as support to maintain its bullish momentum. Please refer below chart : 1day Time Frame. 2) On 1hr time frame, we can see double bottom pattern. Please refer below chart : 1hr Time Frame. ------------------------------------- Trade Setup for Date 18-10-2021: Most of the levels will remains the same as per previous setup. 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level. 4) Avoid gap up or gap down chase. Wait and trade between levels. Please refer below chart for levels. Hope I made it easy to understand it. Do comment your doubt or suggestion. Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
NSE:TECHM
by Trading_hawk