There is a big opportunity in Tech MahindraTech 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.
TECHM trade ideas
Tech Mahindra Analysis 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.
Cup and Handel formationPositive 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
Short Term Buy TECHMStock 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
A strong rally next week on cards!!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 with heavy volume. Retracements to 38.2% is yet another indication of strength. In short term am looking at 1240 and 1270.
Intraday 26 April_ Tech Mahindra_ SHORTIntraday 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 analysis before jumping into the trade. I shall not be responsible for the profit/loss in either way.
Investment_ TECHM (Tech Mahindra)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 do.
Anyways, TECHM is a stock, which have fallen around 48% from all time highs. Well, in my perspective, this stock, along with other technology stocks are on a sale . I would advice anyone to invest in because, it is a very good opportunity to do so. If you have been reading my articles, you will know why.
And remember, don't concentrate your portfolio in the IT Sector, by buying every stock in the sector. Please diversify.
You can either place GTT (Good Till Triggered) orders with your broker at a price 1017.50-1018 , or manually buy it if it crosses this crucial price level.
I would modify the entry, if it signals to do so based on my plan, and will update it here.
Q: Will it sky-rocket as soon as you buy.
A: NO. Investment takes time to show results, months or years. There are many many things which affect the stock performance. You can't figure out why is this happening.
What can you do is, buy and sell .
Please read previous articles, for reading more about the above thing.
Disclaimer: The analysis I have shared is based on my understanding and experience in the markets. Investment carries an element of financial risk. Please do your analysis and/or consult your financial advisor before investing. I already have some shares and will/may add more if I get another opportunity.
TECHM Head & Shoulder Pattern in 4 Hours ChartTECHM Head & Shoulder Pattern in 4 Hours Chart......
SELL BELOW 1188 SL 1217 TGT 1070/66 (Positional )
TECHMTECHM
Bouncing off important Support Zones
Consolidating in Range
Staying above 1136 may start to move towards 1200+ levels
TECH MAHINDRA - WAIT FOR THE BEST BUY#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.
Tech Mahindra will continue Downtrend 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 trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
TECH MAHINDRATechm 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
Tech Mahindra - IT dropAlong 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.
Technical Analysis TechM - Tech MahindraHi 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 hu, mujhe shok hai chart reading ka isliye, ye post daalta hu. is post ke according buy sell mt krna.
TECH MAHINDRA BULLISH# 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 right time.
Buy Tech Mahindra- 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
Stock for Intraday : TECHM 15min TimeframeTECHM forming traingle pattern, Also stock has given breakout of 1303.7 level with proper retest of resistance.
Techm Breakout & Reversal of a iT sector Giant!Tech Mahindra Breakout & Reversal
Hi mates, sharing daily chart of Tech Mahindra as you can see on this provided chart that after hitting a all time high of 1800 levels price came down and shifted in downtrend and since then trading in downtrend and consolidating in a parallel channel but by the last session of previous week it came out from a long consolidation (more then one year) and broke channel resistance and closed above which also was a lower high resistance too, so we can say it is breakout and can make a long in it for the target (1430 levels) i am taking height of channel which is near about 21% so i am expecting a 21% gains also after this breakout with taking a stop loss below 1150 levels closing on daily basis which is looking a good support now was acted a strong resistance earlier as you can see many lower highs was there at the same levels and got rejected from there many times.
This pattern are usually high working probability and good for a breakout retest too.
KINDLY NOTE-: This is not and trade or investment advice. This publication is meant for only learning purpose.
Best Regards-: Amit
Tech Mahindra - Channel Breakout CMP ₹.1292/-
Tech Mahindra looking good. Breakout happened in 1 year long parallel channel and 1 year long resistance trend line. Technically looking good but due to the overall blood bath in market recently, it is very difficult for the stock to survive and keep the trend. If it can outlive the whole market trend then a 40% move can be expected from here.
