Technical Analysis for Tech Mahindra (TECHM): Entry Strategy: Buy at Current Market Price (CMP) ₹1260 Stop Loss (SL): ₹1440 for risk management Targets: Target 1: ₹1305 Target 2: ₹1400 Nearby Indicator: 200-Day Exponential Moving Average (DEMA) Chart Pattern: Flag and PoleLongby hunterhunt7776
tech m bullish point from here2 channels made, now at lower of a channel..will bo soonby Vijay_PandeyTRADElover0
#Tech Mahindra cash : Falling wedge breakout pattern#Techm cash -Positional call 04.04.2024 Looks good above 1310.10 and dips 1290-1296 Stoploss 1270 Tgt 1360-1370/1440 Cmp 1279.25 Longby anandnst8
TECHMThe following is observed :- 1. MACD crossover on daily time frame just below the centre line and crossover likely to happen on weekly time frame above centre line. 2. RSI bullish at 53, can be considered bullish. 3. Follow up buying seen from 1240 levels with good price action. 4. Downtrend changed seen after 3 month of previous high in Jan 2024. 5. Range breakout from downtrend. So, trade in cash or buy 1300 CE Option at 29 for target 60 and above in upcoming days.Longby ScienceBehindTheChart2
Tech Mahindra (day chart)Have look at the chart & said patterns peacefully & act accordingly by AnkurSingh1
A Clear DownsideA Clear downside it doesn't have potential of upside so it show in the downside due to very high PE and mutual funds slow dump the stock to individual to make a profit. there is recession going on UK so this stock kind of week and it will touch 1100 to 1000 will be on mid-april or may month possibility to touch.Shortby guru940
Techm buyTechm mei side buying kar sakte hai agar ye support levels and trendline ko hold krta hai mere Jo pass mere set-up k according ek confirmation hai second is week mil skta hai . Agar aapko Mera analysis acha lagta hai toh aap mujhe follow kr skte hai and mer previous analysis bhi dekh skte hai Jo Maine intraday k liye kiye the Longby jassbatth4002
Clear Reversal in TECHMThe Target would be 1450 to 1500 upcoming days due to clear reversal and continuous support at resistance level it will be uptrend in upcoming daysLongby guru941
TECHMAHENDRA BUYUptrend market and now correction happening then after complete and trend line resistance level breakout after enter the tradeLongby PRAKASHNEPA1
Tech Mahindra Strong candidate for revershal As per daily layout of the chart, the following is noted :- 1. Stock standing at centre line of MACD, which is a sign of revershal. 2. The stock in uptrend and whole sector is making higher high and lower low. 3. Stock at its support line 1300, sign of revershal. 4. RSI rising and at 50, shortly 55 and 60 can be crossed. 5. keeping in view of the above mentioned factors, one can buy this stock in futures by holding 1300 and 1340 CE Feb or Mar expiry or in cash for next leg of move for 1500 and 1600 levels.Longby ScienceBehindTheChart1
Short Tech MahindraShort side trade setup in Tech Mahindra Broke the trend line, can plan a short side trade considering the SL and TP.Shortby The_Rich_Trader_TRT111
TECH MAHINDRATrend Analysis for Tech Mahindra : Will it cut the support or bounce back and go bullish ?by MADHUVICTOR2
Trend setterTech M is at a very interesting level at the moment. It'll be crucial to watch which way it moves from this zone between 1305 and 1318 levels. If it breaks downwards, which in my view it would considering the volumes, then we can see a bearish setup with the 1280 and 1262 levels being tested. If by some miracle it breaks out of the zone in upward direction, a bullish rally could be on the charts with 1335, 1350 levels being T1,T2 for the hopeful bulls.Shortby Sameeran3
TECHM - Weekly AnalysisIn the Weekly Chart of TECHM , we can see that; it has created a Halt candle after retesting the Cup & Handle breakout. Enter on breaking its high with low as SL.Longby JatinManani0
Tech MahindraDowntrend line breakout with gap up market and then bullish pattern to BUY01:44by Preetikarande1
TECHMWait for bullish sentiment in this 1300 level. then place your trade to reach 1475.Longby PANNER_SELVAM_KATTAKALAI2
TECHM | Swing Trade📊 DETAILS Sector: IT Services & Consulting Mkt Cap: 129,441 cr Tech Mahindra Ltd provides comprehensive range of IT services, including IT enabled service, application development and maintenance, consulting and enterprise business solutions, etc. to a diversified base of corporate customers in a wide range of industries. TTM PE : 35.97 (High PE) Sector PE : 36.64 Beta : 1.08 📚 INSIGHTS Mid-range performer Stock with medium financial performance with average price momentum and valuation. These stocks may be affordable and are showing some investors interest. 5.33% away from 52 week high Outperformer - Tech Mahindra up by 1.58% v/s NIFTY 50 up by 0.77% in last 1 month 📈 FINANCIALS Piotroski Score of 5/9 indicates Average Financials Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst. If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you. 🔍 More Analysis & Trade Setups 🔍 For more technical analysis and trade setups, make sure to follow me on TradingView: www.tradingview.comLongby Munish_JainUpdated 13
Tech Mahindra price movement analysis on weekly timeframeTech Mahindra is making a really interesting and clear price action. 1. 2022 to mid 2022 - Lower high lower lows 2. mid 2022 to mid 2023 - yearlong box consolidation 3. Fakeout in July 2023 4. Real breakout in August 2023 5. Retest in November 2023 6. presently in higher high and higher low. If you are interested in investing(long term) in IT sector, this stock should be the one in your portfolio, Invest in parts as the price consolidates and retraces. Swing traders should ride this stock by using 20-50 EMAs Investors or positional traders use 50-100-200 EMAs. Stop loss @ 1200/-Longby Only_Gains0
techmfor intraday stock looking good above 1401 see the price action stock face 3 times resistance on same level 1400 first time seller push the price lower level 2nd time seller unable to push price at lower level and 3rd time same price hold higher level means buyer is strong once price trading above 1400 seller will trapped new buyer is enter price will boom NOTE: only for educational purpose RULE: 1: always trade with stoploss 2: decide your risk per trade and per day 3: believe to your analysis 4: stay positive and keep patience technical analysis + money management+ physicalogy = successful trader Longby harikant06720
TECHM#TECHM broke out from stage 1 a few weeks ago and has been retested the BO zone a couple of times. The stock is on the move and looking good to make a new high.Longby Sudhi4488Updated 5
techmahindra good its a cup and handle pettern and also good volume . and alredy niftyit breckout Longby THINKLIKEAFII2
techmtechm price action showing strength create support and making higher low looking good above 1246.50 for intraday trader always trade with stoploss follow risk management stay positive keep patience believe yourself NOTE: only for educational purposeLongby harikant06723