TECHMTECHM
Bouncing off important Support Zones
Consolidating in Range
Staying above 1136 may start to move towards 1200+ levels
TECHM trade ideas
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.
#Techm #Buy 1 Long year #Accumulation#BuyTechm #Techm
1 year of Consolidation was broken, #trend established, #retestdone. Stock will move higher.
#targets on chart.
TechM Breakout stock for Swing tradingChart type: Breakout
Trade type: Swing trading
Positive: Stock above 50 ema, higher than average volume and positive MACD.
Disclaimer: Remember, always perform your due diligence and analysis. This post isn't a buy or sell recommendation, but rather an educational insight into the world of technical analysis.
Negative RSI Divergence on weekly TechM is at the top of the long-term channel with RSI Divergence on the weekly charts. View is it will correct significantly from here in comming week(s)..let's see
Wyckoff accumulation formed in Tech Mahindra, TECHM closing above trading range which confirms the entry into 3th wave as it also made a retest and closed above 2nd wave.
Please use the Idea for learning alone, any decisions taken based on the provided analysis is not approved by the content creator, as the videos and Ideas posted are strictly for educational purpose.
Tech mahindra buy weekly consolidation finish in this stock
you can see consolidation in range bound market
now it has been done react as support
target i hv already mention
its good stock to buy
TECH Mahindra CUP & Handle breakout on hourly chartsTECH Mahindra CUP & Handle breakout on hourly charts - Possible Targets 1380 in 1-2 Months
LTP - 1259
SL - 1220
Targets - 1380+
Timeframe 2 Months
TechMIT sector is looking bullish.. TechM is giving a breakout.. keep in watch till second half for breakout confirmation
TECHM TECHM
After consolidating for months finally good got decent close above 1200
Long for Targets above 1500
SL below 1100
Decent risk to Reward
