Stock was under long term Consolidation at low levels which means under Accumulation, #TechM #Brokeout the range, retest done and now it will resume its trend. Pure #TechnicalAnalysis #DowTheory #WyckoffTheory
If u leave the tops and bottoms , its just amazing at the ways u can use Fibs. On the monthly charts 860 is the 61.8% of the swing , hence the trend is intact. It has broken the first bear zone at 1100, which is now acting as support. The stock will face next major resistance at 1470. On the Hourly charts the stock is exhibiting strength. Every rise is accompanied...
Intraday Trade setup for 26 April I have selected 4 stocks for intraday, not all the trades will get executed. I always place Stop Loss Market Buy/Sell order above or below (for LONG and SHORT) the high/low of the reference candle to make an entry. Entry: 947.85 SL: 953.75 Target: 936 Disclaimer: The analysis or trade setup is of my own. Please do your own...
Namaste! I have selected another stock, which looks good to invest in. You must have wondering, why am I sharing only technology companies? Well, it is the sector which have fallen mostly. I don't like to buy at highs. I like to buy at correction, when there is fear, when the weak-hands get panic and selling it. That's what many of the great investors...
TECHM Head & Shoulder Pattern in 4 Hours Chart...... SELL BELOW 1188 SL 1217 TGT 1070/66 (Positional )
TECHM Bouncing off important Support Zones Consolidating in Range Staying above 1136 may start to move towards 1200+ levels
#TECHM #Trending #Stocks #trading Tech Mahindra - Weekly uptrend line got broken out - Expect stock will reach 1062 levels and if that also will break it will go to its yearly support below 1000. Wait for the good price action for Long Investment.
On Our Harmonic pattern indicator based trade setup take trade as explained below :- Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target , When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early...
Techm trying to coming out of consolidation zone,U can buy above high of july month candle high if it gives proper breakout after a year of side ways market. The stock reversal from support and breakout the range with good volume Expected Target 1330 & 1550
Along with all the other IT Co's.. Tech M could fall too. Short below 1185 with a SL above 1200. I believe the IT sector could have a short term fall in general.
this support & resistance lines just for learning purpose only
Hi Traders, I love the stock (Techm) and I took swing trades in this stocks. The way this stock move. This give many opportunities for swing trades and also move with good volumes. Points to note:- Currently stock is at this trendline support. IT Indices also bullish and at breakout Baaki to chart dekho yaar Disclaimer:- Bhaiya m SEBi certified nhi...
# TECH MAHINDRA # # LONG TERM VIEW BULLISH # # BUY AT : 1180 - 1200 # TG : 1) 1500 - 2) 1800 # CBSL : 1050 # R :R - 1 : 4 This is not an investment advice and also please note this is only for education purpose. So before investing any single rupee, please do your own research according to your risk taking capacity and after that do invest and book profits on...
- RSI Bullish Divergence on daily chart - Near to TL support level. - Buy for target of 1250-1310 with SL 1175 - Trade for Good R:R
Longe Range : 938-944 TG : 964-980-995 SL : 915.00
Levels are based on volume profile & PA. Confirmation only based only on orderflow
TECHM forming traingle pattern, Also stock has given breakout of 1303.7 level with proper retest of resistance.