Bullish Gartley pattern on 4H Chart of TECH MAHINDRA. BUY 718-719, SL 709.8, Target(s) - 726, 730. Not a textbook pattern, but there is a support around 720 so let's see how it turns out to be. 0.886 at 710.
Hello There Would Like To share Best Trading Set Up Of Tech Mahindra Presently Stock Is In good Uptrend Expecting Momentum Will Continue Once It Sustain Over Trend Line
The price is at a very crucial zone in the Weekly. A mountain pattern is forming in the Weekly. You can call it Head and Shoulders. Facing stiff resistance from the Weekly area.
In the Daily, the long term TL has been broken comfortably on 2nd Dec. The recent trend was already down. Price is seen moving in this parallel...
BOTH SIDE TRADE
Either buy from 753-754
SL = 751
Target 767
or short from 767
target = 754
Note : Trading in any financial market is very risky. We post ideas for educational purpose only. It is not financial advice. Do not hold us responsible for any potential loss you may incur. Please consult your financial adviser before trading.
Tech Mahindra Limited is engaged in the business of computer programming, consultancy and related services. The Company's segments include Information Technology (IT) Services and Business Processing Outsourcing (BPO). The Company operates in various sectors, including telecom business and enterprise solutions business. The telecom business provides consulting-led integrated portfolio services to customers, which are telecom equipment manufacturers, telecom service providers and IT infrastructure services, and BPO, as well as enterprise services (banking, financial services and insurance (BFSI), retail and logistics, and manufacturing, among others) of IT and IT-enabled services delivered through a network of various locations around the world. The enterprise solutions business provides IT services, including IT enabled services, application development and maintenance, consulting and enterprise business solutions, extended engineering solutions and infrastructure management services.
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TECHM
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