TECHM trade ideas
Tech_mAlways follow Risk and Position Management❇️❇️
Expect 10-15% for swing Trading
For more information like this follow me in Tradingview @Jagadeesh11616125
Happy trading
*Reposting* Tech Mahindra broke the shorterm resistance*Reposting the idea shared on 13th Nov, since the chart was not visible in the original idea due to some glitch*
----------------------------------------------------------------------------------------------------------------------
*I have been missing in action for a few months due to a shift in my life and I would try to be back constantly with my ideas.*
Tech mahindra looks favourable at this price for a good risk:reward ratio. CMP: 1058, I am holding a bullish view on the stock and my short term target views are T1:1100, T2: 1125, T3: 1165 & T4: 1200,a strict stop loss of 1030 can be maintained on this trade.
The above idea is not a buy recommendation and is meant for educational purposes only. Please consult your financial analyst before initiating any trade. I am not a sebi registered trader/analyst and the idea is purely mine.
Tech mahndra BullishTech Mahindra seems Cup with handle breakout in daily concentrate if price sustain above 1080 in 4hrs
#TECHM - correction and consolidation move#TECHM - along with the entire IT sector, after much correction and consolidation seems poised for some upward moves. All levels given below and on chart as well:
Long @ CMP 1078
SL @ 980
Target @ 1220
TECHM break current trend line. NSE:TECHM consolidating. For a long term basis its a perfect spot for buy position.
if the candle stay above 1142 buy. It broke the current trend.
All companies are firing their employees so a short sell can also be expected.
If so place the target above 850. Its a huge support
Tech MahindraTech 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.
Tech Mahindra for long on 15/11/22Tech Mahindra crossed 50EMA with heikin ashi candle sticks pattern. These candles give good return in the past. So for long near about 5% gain make a entry tomorrow. Hope for the best
TECH MAHINDRA LONG TERM VIEWHere is my view on tech mahindra . currently trading inside a range and may give a breakout in next few days. watch and analyse.
Tech mehendra LongNSE:TECHM
Tech mehendra can be considered for Long at 1051.1 , stock is showing movement.
Disclaimer: author may enter in trade, take your own decision , This is an trading idea not an trading or Investment advice
#Techm cash : Looks good around 1040-1045#Techm cash -Positional call
30.10.2022
Looks good around 1040-1045
Stoploss 1025
Target 1095-1100
Cmp 1048.50
TECHM NSE:TECHM
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
2. Close, should be good and Clean.
3. R:R ratio should be 1 :2 minimum
4. Plan as per your RISK appetite
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose!
It's right Time Enter in Tech MahindraAs Per the indicators this is the right time to go long with Tech Mahindra because price was giving respect to 55 moving average since a long while and at this current time there was a good move overthere. NSE:TECHM
#Techm wedge chart pattern#Techm ascending broadening wedge chart pattern
CMP:1019.85 @ 15 October 2022
Bullish flag pattern breakout in TECHM.TECHM stock was trading in bullish flag pattern for last few days on 1 hour timeframe. This stock has given a breakout today its breakout level is 1025+ and its long target may be above 1080+.
Tech Mahindra: Long position: weeklyTech Mahindra taking support at 61% fib retracement. If a reversal is to happen, this is the right place and price to enter in. RSI is low and MACD also showing low values. Plan to enter the trade when the price closes above the recent high (1156).
Entry : 1156
Target : 1830
Stop loss : 920
P.S: Posting for learning purposes only. Please let me know if you find my analysis wrong.
Have a good day
NSE:TECHM
Tech mahindraHead & Shoulder pattern, it is a perfect example of H&S shoulder pattern, it is breaking neckline, neckline and head difference is about 457 points so final target 882 on downside!
TechMPrice is at trend line support and consolidating now.
Buy above 1135 with the stop loss of 1120. Targets are 1150,1170 and 1195.
Tech Mahindra Technical AnalysisHere are the important levels for Tech Mahindra
Monthly Chart - 40% Down from All Time High
Weekly Chart - Stock under accumulation phase. Also trading the low area of 2021.
Daily Chart - Slowly creating higher low
Educational purpose only, trade as per your own risk!Enter around 1040-1050
Target 1135-1140
stop loss - 1020
Tech Mahindra With A Double Bottom??Tech Mahindra has formed a beautiful double bottom with a high volume confluence and a valid shakedown which increases the probability of the trade in our favour
It is currently resting under the 50EMA,
A break of the 50EMA and high marked in red
could see a potential to the upside with targets
1150 and 1250 for a longer trade.
Stop loss below the pullback near neckline should
suffice
