TECHM trade ideas
#TECHM CASH : GOOD SELL ONLY BELOW 800#TECHM CASH
28.10.2020
SELL ONLY IF IT BREAKS 800 after 9:20 am..
800 Is good support ...
if opens gap down below 800...
avoid selling.
if u sell keep sl 820
tgt 782/765/752
cmp 805
TECHM short idea for intraday TECHM gave channel breakdown and also pattern looks like double top
Price is near neckline breakdown
Weak below 798 level
[Buddha] TECHM Inside Bar TradeLong if it breaks the high of the previous day with a stop loss at the previous day's low.
Short if it breaks the low of the previous day with a stop loss at the previous day's high.
In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed in first 5 minutes and follow ORB strategy.
A NEGATIVE CHARTTECH MAHINDRA IS A GOOD SHORTING CANDIDATE..AS IT SECTOR IS UNDER PRESSURE ..TECH MAHINDRA SEEMS WEAK ON CHARTS
EASY 1-2% SHORT TERM GAINS POSSIBLE
TECHM, Consolidation from Sell Zone !TECHM moved Rs.18 on downside from the sell zone (Blue Divergence candle) before reversing.
It is presently trading in “sell on rise” zone till it breaks resistance at around 875 in daily chart.
Indicator used TE REKAB, it captures reversals in the market.
This is my personal study & idea. Please take advice from your financial advisor before taking any investing decision based on above chart.
Happy Investing !
PS: If you appreciate my study, pls leave a like. My funda is to keep trading simple & stick to your conviction, once you are on the right side of on intra-day trade !!
just sharing my point of view on stocks and indices.just sharing my point of view on stocks and indices. TRADE RESPONSIBLE
FMI IPO REPORT BY RAJKUMAR GUPTA FOR TECH MAHINDRATHE FOLLOWING CHART IS ONLY FOR EDUCATIONAL PURPOSE.
TECHM, Selling divergence 15 min chartTECHM – Gave Rs 14 from the closing of selling divergence candle (live market).
Indicator used TE REKAB, it captures reversals in the market.
#TradingEdge Academy
The Indicator used shows Reversals forming in live market, it is a whole setup in its own and is very helpful for beginners. Contact : 8433624173 for more.
This is my personal study & idea. Please take advice from your financial advisor before taking any investing decision based on above chart.
Happy Investing !
Tech Mahindra is going to go for a fre-fallPlease follow these rules before taking a trade :
1. The breakout candle didn't have any volume (Checked).
2. It is at a major resistance (Checked).
3. The up-trend has to be broken and retested (Checked).
4. Take the trade only after the above these.
Do let me know if any doubt is there.
TechM consolidatingTechM – buy near 805 support zone and sell near 880 resistance zone.
Indicator used TE REKAB, it captures reversals in the market. Captured easy Rs. 9 per share effectively in above chart.
#TradingEdge Academy
The Indicator used shows Reversals forming in live market, it is a whole setup in its own and is very helpful for beginners. Contact : 8433624173 for more.
This is my personal study. Please take advice from your financial advisor before investing.
Happy Investing !
Tech Mahindra - Shows sign of reversalNSE:TECHM Chart is showing bearish signals, indicates pullback.
