Educational purpose only, trade as per your own risk!Enter around 1040-1050
Target 1135-1140
stop loss - 1020
TECHM trade ideas
Tech Mahindra With A Double Bottom??Tech Mahindra has formed a beautiful double bottom with a high volume confluence and a valid shakedown which increases the probability of the trade in our favour
It is currently resting under the 50EMA,
A break of the 50EMA and high marked in red
could see a potential to the upside with targets
1150 and 1250 for a longer trade.
Stop loss below the pullback near neckline should
suffice
Tech Mahindra Long NSE:TECHM
TechMahindra Looks Good for long position of one to two months , Target , SL shown on chart.
Disclaimer: author may enter in trade, take your own decision , This is an trading idea for training and education purpose. not an trading or Investment advice. Consult your Financial Advisor before Investing.
Tech Mahindra LTD - Trendline + Descending Triangle Breakout 📊 Script: TECHM (TECH MAHINDRA LIMITED)
📊 Nifty50 Stock: YES
📊 Sectoral Index: NIFTY IT / NIFTY 500
📊 Sector: Information Technology
📊 Industry: Computers - Software & Consulting
Daily timeframe Trendline + Descending Triangle Breakout.
Weekly timeframe Trendline + Descending Triangle Breakout.
Key highlights: 💡⚡
📈 Script is trading at middle band of Bollinger Bands (BB) and taking support of middle band which is SMA20.
📈 MACD is going to give crossover.
📈 Double Moving Averages crossover yet to come.
📈 Script is giving Trendline + Descending Triangle Breakout in both daily and weekly timeframe.
📈 Current RSI is around 56.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 1090
🟢 Target 🎯🏆 - 1185
⚠️ Stoploss ☠️🚫 - 1061
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat🔁
Happy learning with trading. Cheers!🥂
Breakout in TECHMBreakout in TECHM in Daily and Weekly Timeframe
Entry: Above 1135
Targets: 1190, 1290 & 1535
DISCLAIMER: The ideas shared are only for educational purpose. The markets are very volatile, so plan your trades accordingly. Please trade with stop loss. I am not SEBI registered.
Now stock given a good breakout , the red line is the stoploss the red line is the stoploss , and green lines are Targets
TECHMTechm cmp 1125 tg 1278 ignor below 1079 just education purpose only not buy or sell recommendation
swing traders keep a eye on this stockNSE:TECHM
let see the price action = trend line breakout
1 target = 1185
2 target = 1360
stop loss = 1050
let tell your opinion comment.
IT SECTOR READY TO BULL AN NEXT SUPPORT FOR NIFTY ONE WAY MOVETech M Daily TF Breakout we are seen from last few months it stock not moving much cause of some crisis if we are seeing on like chart if it starts to move it can make nifty to rocket like
tech mahindra back at where it started we can see double bottom , rsi positive divergence and now the price is above 75 ema so it is in buying zone and price already corrected from 52 week highs can accumlate for good risk reward ratio
TechM#TechM CMP 1127 Technically wait for close abv 1140
Tgt 1250/1350/1500
Showing good YOY sales growth.
Many Acquisitions in past 1-2 year. Hoping for better synergy.
Tech Mahindra Moving out of channel. One can target 1500 plusTech Mahindra Moving out of channel. One can target 1500 plus.
Tech Mahindra Stronger in IT SectorTech Mahindra Stronger in IT Sector. It is the example to good momentum better than sector average.
9 Sep | Nifty banknifty prediction | Best stocks to trade tomor9 Sep | Nifty banknifty prediction | Best stocks to trade tomorrow
Timestamps
0:00Banknifty analysis
2:15Nifty analysis
3:40Best stocks to trade tomorrow
Tech Mahindra for long - Swing
if break trend line it can entry @ 1085
First target, 1195
Stop loss 1060
RRR 1:4.5
c mp - 1063 - It is near and upper then 1 Month and 3 Month and 5 days point of control
Techm buy @1100 to 1110Day Chart/Weekly Chart/Monthly Chart
It is showing that the downtrend is breakout and starting uptrend, need to first confirm @ 1100 when crossing then buy. The range of buying price is @1100 to 1110.
The first target price is @1575 (43%) and the time period is 3 to 6 months.
The second target price is @1839 (66% Return) and the time period is 3 to 6 months.
The First Stoploss @1000 (10%)
The Second Stoploss @944 (14%)
The stock fundamentally strong ROE 21%, Sales Growth TTM 21%, Profit Growth TTM 13%
Maintaining a healthy dividends.
This idea is only for educational and training purposes. Please confirm your technical analysis then invest. thank you
Bearish flag pole on weekly...Stock has formed bearish flag pole pattern on weekly chart.
Short can be considered if any successful breakout of flag line on downside for initial targets of 980-960...
Kindly do your analysis before initiating trades.
ReverseTECHM Stock is raising after recovering from crucial support.Aggressive investor can buy now at the price 1076. conservative investor wait for the price 990.
Target 1:1283.3
Target 2:1494.8
Target 3:1730.95
TECHMTech M is looking weak on daily time frame , a fresh breakdown could take it towards 950 level . make short position with stop loss placed at 1080
TECHM long term upside target of 2000 intact but can pullback!This beautiful upside trend has some pullback left before it can resume on its upside trajectory. SO this setup is for long term investors only.
[POSITIONAL] TECHM LONG BET risk: Reward ratio is 1: 2
Rest as per Charts
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Note -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells “where” to act in “what direction. Unless it triggers, like, let’s say the candle doesn’t break the level which says “Buy/Sell if it breaks”, You should not buy/sell at all.
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I use shorthands for my trades.
“Positional” - means You can carry these positions and I do not see sharp volatility ahead.
“Intraday” -means You must close this position at any cost by the end of the day.
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Always follow a stop loss.
In the case of Intraday trades, it is mostly the “Low/High of the Candle”.
In the case of Positional trades, it is mostly the previous swings
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