TECHM trade ideas
Tech mahindra to shortShort Tech M below 1000 Target 945 - 920-900 with SL 1025. Negative divergence & RSI below the level of 40 . Stock in sideways movement for long time.
This is for your educational purpose only.
#Techm cash : Looks good above 1010.10#Techm cash
15.04.2021
Looks good above 1010.10
stoploss 1000
target 1018-1020/1028
Cmp 996
Tech Mahindra 15 /04/21 Thursday Trade Wisely and Smartly.
Bullish signs can be observed.
But still pay attention to overall trend and signals of sectors.
TECHM LONG VIEWTECHM LONG VIEW - Inverse H&S Pattern with good buying volume.
BUY TECHM SL: 895 CMP: 1000 TARGETS: 1080/1140/1160/1200+ 30 days to 90 days view
#Techm cash : Looks good around 1040-1043#Techm cash
11.04.2021
Looks good around 1040-1042
stoploss 1025
Tgt 1068/1098
cmp 1053
Tech Mahindra Chart AnalysisTech mahindea
cmp 1053
Bullish Above 1080, Target 1151
1) Pattern rounding bottom
max extend to 1080, then one dip to 1010
2) Down trend line breakout - at 1032
best Buy above 1080 with SL 1040
3) Rising wedge
Any breakdown of bottom line, more fall to
come towards 915
cmp 1053
View - Best buy above 1080 SL 1040
Best sell below 1020 SL 1040
TECHM can give 20% returns I will buy TECHM because :
It has been taking support at the trend line .
It has touched the support.
So will be looking at buying opportunities.
If it breaks the support look at shorting
Entry : 941
Target : 1012/1078
Stop loss : 905
Tech Mahindra CMP 1053 buy for Target 1080- 1100- 1150-1200 - 13Tech Mahindra CMP 1053 buy for Target 1080- 1100- 1150-1200 - 1300-1400+
if get @ 1000 levels buy again
Sl below 950
TECHM - Inv. H&S Pattern break-out (D)Go long in the 975-1025 Zone; STOP below 960; Tg . 1080, 1150.
Weekly Flag Breakout : Tech Mahindra #Techm #flagbreakoutWeekly Flag Breakout : Tech Mahindra #Techm #flagbreakout
Weekly flag break out on Tech Mahindra can see 1650 levels in momentum with current week low as stoploss.
Note: flag formation might have not completed yet.
Tech Mahindra : Inverse Head and Shoulder Buy it above 1080, that is immediate resistance above neck of head and shoulder. Target : 1180 to 1190, Duration: 16 to 20 Days.
Tech M Stock is trading with positive bias and all MAs are positively stacked. Stock may cross 1100+ levels in coming days. SL could be around 980
TECH MAHINDRA: Beautiful Cup Handle Pattern Breakout! ☕Targets are mentioned. SL: 1017. Recent swing high broken today with a big bullish candle.
TECHMNote:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
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3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions...
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Keep an eye ladies and gentlemen. Cheers and Happy Trading.
Buy Tech Mahindra Buy Tech Mahindra near 1020-1025 area Stoploss 1000 Target above 1050
Study: Double bottom Breakout ..It can be called as Triple Bottom and stock is trading near retesting Zone
