TECHM - Trend AnalysisTECHM
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- Expecting to see price between 1044-1058
Invalidation
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- Idea will get invalidated if price closes below 986
TECHM trade ideas
TechM BuyTech Sector Gonna Be Very Bullish because of seasonal tendencies. SL And TP Are Mentioned, If You Like The Idea Please Support.
TECHM forms Bearish Divergence and price exptected to down Price is expected to reach 830 to 840 Level, because,
1. it formed negative divergence
2. its in channel top
** **Note: This View is Only for Educational Purpose and Not for BUY or SELL recommendatation. **
Parellel channel in TechmSupport and Resistance: Traders could open a long position when a stock's price reaches the channel’s lower trend line and exit the trade when price nears the upper channel line. A stop-loss order should be placed slightly below the lower trend line to prevent losses if the security’s price abruptly reverses and also vice versa .
Breakouts: Traders could buy a stock when its price breaks above the upper channel line of an channel . It is prudent to use other technical indicators to confirm the breakout. For example, traders could require that a significant increase in volume accompanies the breakout and that there is no overhead resistance on higher time frame charts
Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
What a move In TECH MAHINDRATech mahindra what a move in intraday five minutes time frame handing to 1040
Look my previous post I attached below this Post please guys find the right target and stop loss for your future trade help so read both of Chart previous and today’s
Learned and analysed stock as a beginerI am Farhan Khan
I am a beginner trader , trading stock after 2 years of learning although still i am learning ..
Making mistakes also not letting stock market go .
TECH MAHINDRA looking bullishtech mahindra looking bullish above 1000 target 1040 SL below 980 for intraday 22 march levels if open below 980 range than sort it for target 960 keep SL 1000
Techm Good short CandidateTechm Spot CMP :-1030
Bearish Shark Pattern formation.
TIme frame :- 120 mins
Targets :- 980-960-940
Good short candidate..
TECHMAHINDRA - Watch for tomorrowTEHM closed above the trendline. Can go long for the rest couple of days. Can be done both swing trade and Intraday above the mentioned levels only. ONLY for EDUCATIONAL purpose.
