techm - buyBuy around 1245 sl close below 1235.6 easy tg - 1270 Disclaimer : This is my personal analysis for study purpose not intended for trading.Longby ShreeGanesh_19910
TechM BreakoutThe area around 1155 (yellow horizontal line) is an important resistance on daily timeframe It was broken on 5 july with higher than average volume The next immediate resistance was 1199 (pink horizontal line) , which is now broken again with a good higher than average volume On a 2 hrly time frame , inverted H&S pattern has also been formed (neckline is blue line on the chart) The next immediate resistance are marked as white horizontal lines SL keep below shoulder 1160 Conservative Tgt around 1266 can increase trgt towards next resistance of 1284 and further based on candle and momentum The rise in ATR on breakout also provides confirmation Longby zenni_10Updated 1
TECHMWeekly range breakout with a confirmation candle. Awaiting a retest around 1180/1200 Buyable at dips for a good target of 15% to 20% Track TechM Longby PraneetBhatti0
Formation of Diamond Bottom Pattern in Tech MahindraThe Diamond Bottom pattern is a technical analysis pattern often used by traders to identify potential trend reversals in financial markets. It is characterized by a series of higher highs and lower lows that form a broadening pattern, followed by a narrowing trading range and an eventual upward breakout. During a downtrend, the price action forms higher highs and lower lows, creating the broadening pattern that resembles a diamond shape. This indicates uncertainty and consolidation in the market as both buyers and sellers struggle for control. However, as the pattern develops, the highs start to peak and the lows begin trending upward, narrowing the trading range. The significance of the Diamond Bottom pattern lies in the breakout that occurs when the price breaks upward out of the diamond's boundary lines. This breakout is considered a strong indication of a trend reversal, signaling the start of a new uptrend. Traders who recognize this pattern may take it as a bullish signal and consider entering long positions or buying opportunities. It's important to note that while technical analysis patterns like the Diamond Bottom can provide insights into market behavior, they are not foolproof and should be used in conjunction with other analysis techniques and risk management strategies. Market conditions and other factors can always influence the outcome, so it's essential to exercise caution and conduct thorough analysis before making trading decisions. Note for everyone who came across this reference: This chart analysis is only for reference purpose. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade. by hardeepssethiUpdated 3
$NSE:TECHM - Triangle breakout Educational purpose NSE:TECHM loking bullish now breaking his triangel breakout we could see good up move. Longby NivesharambhUpdated 3
TECH M 17/07/23Levels according to me For Education and training purposes Any views about this are welcomeLongby Aaryan-solo-traderUpdated 1
BREAKOUT, TECH MAHINDRA, 45% RETURNS!!!BUY - TECH MAHINDRA CMP - Rs. 1175 Target - 1: Rs. 1460 Target - 2: Rs. 1704 . Timeframe - Target - 1: 2-4 months, Target - 2: 5-8 months . Technicals - Trendline Breakout . This is just a view by an expert analyst, please invest at your own risk. . Follow me for more!Longby nilakshguptaUpdated 10
X-TRADERRectangle breakout TECHM. buy near 1225 and its first target is 1345 for swing tradeLongby manojmahato91141
TECH MAHINDRA | BREAKOUT🚀🚀🚀SWING TRADE OPPORTUNITY Stock has corrected last year by approx 50% from its high, and then consolidating from last year. Stock clearly gives breakout of this consolidation to give some good upward move. It is constantly taking supports from moving averages. Note: All IT stocks like infosys, TCS, etc seem to be giving new breakouts, looks like new uptrend has just started in this sector. Longby HARSH106211
Stage-2 breakoutChart -> Tech Mahindra Weekly After a sharp downtrend, huge consolidation, now ready for an uptrend as stage-2 breakout is on the chart. CMP: 1230 Good Range To Buy: 1165 to 1230 Targets: 1365, 1580 SL: 1130 Weekly Close Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking any action.Longby kathanthakkar4031
Tech Mahindra- Moving out of consolidationTech Mahindra can move towards 1500 and then 1700+ levels as it has broken out of 1 year of consolidation of weekly chart. Best buy price would be 1170-1190 for this.Longby Chartworld11
Tech Mahindra good break out Tech Mahindra good break out Buying range - 1228 Stoploss - 1050 Target - 1 -1445 Target - 2 -1729 by tradewithmev0
channel breakout channel breakout may give you handsome reward. Stop Loss 1130 Entry 1240 First target 1300 second Target 1390 Third Target 1539 Longby myveiw0
Tech Mahindra break out trade Please note this is for education purpose only.please do own research before you take a trade.Longby jaintprasad841
tech Mahindra Break out As US market hitting all time high's,, here in INDIA, tech Mahindra had been in the range bound, but today it has broken out on the upside and hitting 52week week high... #TechMahindra #niftyby Manoj-19991
TECHM BULLISH TRENDThe stock reversal from support and breakout the range with good volume Expected Target 1330 & 1550 by romeotherider227
Tech Mahindra - Gap Analysis The price analysed in daily and monthly time frame. Gap Analysis - the news based gap created in stock and price reversed to fill the gap. As mentioned in chart, now gap level acting as support and price closed above 200 ema. Monthly Chart - the fib level acting as support & resistance and volume strength visible in chart. Thanks -AJ Disclaimer - The chart analysed for educational purpose only. Longby IndieconomicUpdated 339
Short term view :enter btwn 1093 to 1098 to trgt abv 1116 TECHM could rally once it is corrected to a level between 1093 to 1098 support taking it goes to 1116 and above wait for support and take long positionLongby OsurikiranUpdated 0
Breakout in TECHMAHINDRA.=Today, Tech Mahindra showcased a significant breakout after consolidation within a parallel channel pattern across multiple time frame. =After undergoing of correction of over 50% last year this stock now seems to give a good momentum. We can reasonably anticipate a potential gain of at least 10% from this level. NOTE- Do prepare your setup and then Analyze. Not a recommendation from my side. by BullishLineUpdated 4414
TECHM BreakoutThis stock has formed a strong base of ascending triangle pattern breakout.Longby aman_saha2
Techm trying to coming out of sidewaysTechm 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 marketLongby PSYCHOLOGY_BREAKOUT_TRADER1
Tech Mahindra - Breakout Possiblehiii all, Greetings! For almost an year we have seen Tech Mahindra stock running side ways, few days back Tech Mahindra gave a breakout above 1140 levels. Yesterday & Today it has retested its support level. Hopping for strong up move. well the result season for IT stock has begun so keep an eye on results also. Thanking you Important Things 1. This is only for educational purposes only. 2. Never over trade. 3. Always keep Stop Loss. 4. Trade in limited quantity. 5. Taking a small loss is better than wiping up your whole capital. I hope you found this idea helpful. Please like and comment. Share with Your Friends. Keep Learning, Happy & Safe Trading Longby NikhilChoudhary20232220
this chart has somethin.........................................Hi, What is your view on this chart. I found the chart very interesting as the trading zone of the current cosolidation followed in the past also. Disclaimer: Content shared is for information and education purposes only and should not be treated as investment or trading advice. Please do your own analysis or take independent professional financial advice before making any investments based on your own personal circumstances. Investment in securities are subject to market risks, please carry out your due diligence before investing. And last but not the least, past performance is not indicative of future returns.Longby raigvivek5