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 trade ideas
#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
Tech Mahindra Long NSE:TECHM
TechMahindra Looks Good for long position of one to two months , Target , SL shown on chart.
Disclaimer: author may enter in trade, take your own decision , This is an trading idea for training and education purpose. not an trading or Investment advice. Consult your Financial Advisor before Investing.
Tech Mahindra LTD - Trendline + Descending Triangle Breakout 📊 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 band of Bollinger Bands (BB) and taking support of middle band which is SMA20.
📈 MACD is going to give crossover.
📈 Double Moving Averages crossover yet to come.
📈 Script is giving Trendline + Descending Triangle Breakout in both daily and weekly timeframe.
📈 Current RSI is around 56.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 1090
🟢 Target 🎯🏆 - 1185
⚠️ Stoploss ☠️🚫 - 1061
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat🔁
Happy learning with trading. Cheers!🥂
Breakout in TECHMBreakout in TECHM in Daily and Weekly Timeframe
Entry: Above 1135
Targets: 1190, 1290 & 1535
DISCLAIMER: The ideas shared are only for educational purpose. The markets are very volatile, so plan your trades accordingly. Please trade with stop loss. I am not SEBI registered.
Now stock given a good breakout , the red line is the stoploss the red line is the stoploss , and green lines are Targets
TECHMTechm cmp 1125 tg 1278 ignor below 1079 just education purpose only not buy or sell recommendation
swing traders keep a eye on this stockNSE:TECHM
let see the price action = trend line breakout
1 target = 1185
2 target = 1360
stop loss = 1050
let tell your opinion comment.
IT SECTOR READY TO BULL AN NEXT SUPPORT FOR NIFTY ONE WAY MOVETech 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
tech mahindra back at where it started we can see double bottom , rsi positive divergence and now the price is above 75 ema so it is in buying zone and price already corrected from 52 week highs can accumlate for good risk reward ratio
TechM#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.
