Chance for 1100 let's see, TECHM is consolidating almost a year and it was broken and testing the support. It was forming double top I think. we can enter if we get this for cheap.
Tech Mahindra seems to be going down,if the position which I have given is activated, it will give you a very good written on invest.
entry above the line stop below the line consolidation breakout anticipation
Stock is trading near strong BO zone, may go to test it's first hurdle, monthly TF used for this chart, so follow entry and exit levels accordingly.
Positive crossover of MACD, Bullish RSI with cup and Handel formation, assets breakout above 1300 with strong price action and volume, can look for 1300 ce Jan and 1360 ce Jan series. LEARN AND EARN, Thanks
TECHM CAN GIVE GOOD MOVEMENT IN COMING DAYS
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
Checkout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favour that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPEECTED! NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get...
Sell zone 1236-40 Stoploss 13rs Target 1 1191 Target 2 1158
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 )
Reason for long a) volume greater than previous day volume b) weekly breakout c) Mr.14 Set up
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...