TECHM LONGconsolidated for a long time and gave a good breakout wait for a retracement or we can enter half quantity . only for educational purpose .Longby shantanulavu02Updated 1
TECHMGood breakout with good volumes trading at all time high. RS > 0 on 22 Sep '21. We are seeing 2HR candles RS is going up and down 0 line but on the Daily and above timeframe RS is above 0 from almost 90 days. With good support at 1360.Longby wolverine3Updated 0
Add TechM to your watchlistThis scrip is in an uptrend for a long time and now it had given a breakout from a small rectangle pattern, there might be a upside move in this scrip in coming days after a pullback as this scrip is above Upper BB there might be a reversal to 21MALongby Raghulramdoss4
#TECHM Cash : Looks good around 1500-1510 SL 1420#Techm cash - Positional call 22 sept 2021 Buy around 1500-1510 stoploss 1420 Tgt 1750/2000 Cmp 1513.60Longby anandnst6
Tech M long intradaytech M intraday buying seen buy this stock for swing also very bullish setupLongby goswamipeeyush0
Make or break - ATH till ?After a very sharp uptrend movement, stock is consolidating sideways for a long time. If a major resistance is break with high volumes we can see further upside movement for the ATH. If a major support is break with high volumes we can see further downside movement.Longby Tradeforce_tfUpdated 1
DESCENDING TRIANGLE IN TECH MAHINDRA ( ANALYSIS OF TECHM )A descending triangle is a bearish chart pattern used in technical analysis that is created by drawing one trend line that connects a series of lower highs and a second horizontal trend line that connects a series of lows. Oftentimes, traders watch for a move below the lower support trend line because it suggests that the downward momentum is building and a breakdown is imminent. Once the breakdown occurs, traders enter into short positions and aggressively help push the price of the asset even lower How to Trade a Descending Triangle Most traders look to initiate a short position following a high volume breakdown from lower trend line support in a descending triangle chart pattern. In general, the price target for the chart pattern is equal to the entry price minus the vertical height between the two trend lines at the time of the breakdown. The upper trend line resistance also serves as a stop-loss level for traders to limit their potential losses. KEY TAKEAWAYS 1. A descending triangle is a signal for traders to take a short position to accelerate a breakdown. 2. A descending triangle is detectable by drawing trend lines for the highs and lows on a chart. 3. A descending triangle is the counterpart of an ascending triangle , which is another trend line based chart pattern used by technical analysts.by capitalsmack1
Rectangle Break Out Done!Rectangle Break Out Done. Pattern Target 1560+. Most probably be achieved tomorrow. Longby Equity_OptionTrader2
Tech Mahindra LongNSE:TECHM After 1 month TechM seems to be getting out of a range. There might be a restest at 1480-1490 levels and might go till 1575-1600Longby AtharvaaShindee221
TECHM - Pole and FlagTechm Pole and flag breakout in daily chart. Looks good for swing trader SL below the accumulation range.Longby abinash970
Tech Mahindra#techm Timeframe- 4hr. Tech Mahindra was stuck in range last from 23 aug to 21 sep almost a one month and today it had given the breakout from the range in upside direction so the bulls have won the battle. Study purpose only.Longby pardeshim19990
TECH MAHINDRA tech mahindra is consolidating between these two horizontal line if it break out than go loge it will give you a good target by Avinash6621
TECH MAHINDRALooks like it's holding upper levels, but I think it'll crash - low risk high reward, just my view, refer chart for entry exit and Sl levels, thankyouShortby DalalStreetTrader119
TechMIt's consolidates in the same range frome 20 days. If breakout the rang (when closed a candle above the line ) may be a big move. Buy or sale, when breakout, with suitable stoploss. Stoploss=5-6rsby TIP_Vks111
TECH MAHINDRA TRADE SETUP FOR TOMORROWTech Mahindra Share consolidating after a good upward momentum. . We can see the continue upward momentum once it cross 1480, . Our short term target is 1520. . What's your view on this comment below in the box.by neerajlalwani0810
TechM Flag formationNSE:TECHM Buy only closing above 1505 SL closing below 1400 T 1545, 1590, 1640, 1700Longby Quriousbox0
Intraday and Swing Trade: watch for range breakoutbuy above 1481 in Intraday and Swing for Swing keep target of 1550 and stoploss at 1400(lower levels of range) For stoploss in Intraday use 5 minute chart and see nearest support. for target use 5 min chart and fibonacci pivots as i don't keep predefined target. try to book partially and trail. Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as per technical analysis NOTE: For Gapup or bo before 9:20 If gapup is more than 1% from bo level than avoid completely. if less than 1% or gives bo before 9:20 than wait for first 5 minute candle and entry above 5 minute candle and revised SL below candle Low. Longby stockkar4
Waiting watch short or longBoth side change so keep wating to short or long Happy's tradingby girishpatre3