TECH MAHINDRA NSE:​TECHM

See if you can see something in this.. i have kept it hidden !! above black line , i will initiate my trade and be wary of any traps to come .. if not then beast will be unleashed.

There is clear distribution seen in Tech Mahindra daily charts with clean divergence on RSI, As we can see on chart there is very good support around 720 levels which was earlier a strong resistance, also volume has spiked up recently during last couple of down days. TechM has been very resilient recently and despite the steep fall in Nifty we haven't seen much ...

I see some sort of correction in it sector to balance the one way rally ... but the correction will again get over soon looking at the earning season into picture as well as the usd inr depriciation will generate better revenue story for these stocks like tcs infy etc

Buy TECHM above 711 (for aggressive traders only) T1: 720 T2: 729 T3: 740 SL: 697

Techmahindra is at multi year support level as well, supported by the nifty support. Entry: 675-690 Sl: 660 Target: Take some at 715; next at 740 (One should notice.. If nifty slips further, which is though a bit unlikely to happen now, these stocks may crack below their strong supports as well.)

#TECHM CASH 09 OCT 2018 INTRADAY TRADE ONLY GOOD BUY ONL ABOVE 705 & DIPS AROUND 701-702 STOPLOSS 695 TARGET 714/719-720 (718-724 ZONE IS VERY STRONG RESISTANCE) CMP 696.1

See Chart

Refer chart

Watch out for TechM break above 766. https://twitter.com/Chartsandesh

TECHM Waiting for Flag BO. If BO done 100 points move expected Tar1:775 Support:725,722

Buy TechM between 760-756 t1: 795 t2: 840 t3: 905 t4: 985 SL: 596

#TECHM CASH 27 SEPT 2018 SELL ONLY BELOW 737 SL 746.25 TARGET 730-731/722/712 CMP 746.05

Weekly close above 750 can see Target of 950 with Stop loss at 700

Tech M looks bullish above 774

Buy after 30 min Candle close above yellow trend line. SL- 749.35 Targets- (785.4, 793, 799.1) RM- Combination

Short Term Outlook - October - Unless there is channel breakout, profit booking can be seen.

At Resistance Zone. Looks Weak Below EMA. Other Details Mentioned In Chart. Positional View For Educational Purpose Only. Please Consult Your Financial Advisor Before Taking Any Decision. I am not SEBI Registered Financial Advisor.

#TECHM CASH (09 SEPT 2018) TECHM CASH LOOKS GOOD ABOVE 780.1 & DIPS 776-777 SL 772 TARGET 787-788/800/808 CMP 772.20