#Techm Long (14 June)#Techm Long (14 June) Short term Buy at CMP-1050 SL- 1042 Target- 1065, 1072 Join us, Learn more, Earn more Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose. Longby ashwinjethwani14091
TECHM SHORT???TECHM has formed a clear Head and Shoulders pattern as depicted in the chart image. The neckline around 1350 is broken conclusively. I'm not a great believer of H&S always achieving targets but technically speaking, TECHM is a short with SL at recent swing high of 1300. The first target would be at Gap support line around 1163 which if & when broken should see TECHM dipping to 1026 levels which is approximately equal to the height of the Head from the neckline. IT sector seems to be taking quite a hit recently. Nasdaq has plunged heavily in the USA also. Let's see how all this pans out eventually. Of course, this analysis (and H&S pattern) will be negated once TECHM starts trading above 1350 levels comfortably on closing basis. The market is supreme. This is for educational purposes only and not to be treated as a recommendation to short TECHM. I'm not advocating bottom fishing either.Shortby punterpkUpdated 3
Tech Mahindra - 1st June 2022Stock holding Support Area. 3-4 successive Closes above 1182 levels can result in sustained moves higher as per the Chart shown. Plan accordingly.Longby thegutsy0
Weekly log scale . Depth of corrective waves (1) Wave (iii) is a wave with a 1st wave extension . It has corrected by wave iv till 38.2% . Wave iv has corrected to wave ii of one lesser degree as per Elliott guide line regarding depth of corrective waves . (2)See the alteration between wave (ii) - Flat and wave (iv) - Zig Zag . (3) Also see the weekly hammer . (4) As per Neo wave guideline a corrective wave i.e wave iv will be retraced by more that .618% .Later on we will see whether this becomes a triangle or not . Buy with a target of 1482 with an SL of 1040, Its a multi day swing trade RegardsLongby AJAYSHARMA0
Tech Mahindra reversal play for June monthCan we see a reversal on cards from next week? the grey horizontal support is crucial as close below this means booking your loss... price is also resting on an ascending trendline support...therefore might rebound upto 1330 level where resistance comes... one can take position for the month of June but it will take just one aggressive move by russia or china to spoil the carefully laid plans of the mutual funds to sore up their performances at end of Q1 so be wary of all long trades and track them even more closelyLongby Rocky_Chow0
TECHM FOR SWING OPPORTUNITYIF broke the support 1041 shorting opportunity is there but the market is going up so maybe it could be damand zone so watch above 1100 a strong buy . by Nahashamsudeen111
Tech Mahindra Chart Analysis !!📈 Tech Mahindra 📉 My Findings :- 1. Breakdown of Strong Support Zone. 2. Lower High and Lower Low Formation. 3. Close Below Seven Months Low. 4. IT Index also week. Check Chart below. Bias- Short Target- 1175 and 1046 SL- 1429 RR- 1: 2 IT Index Chart :- All Important Supports and Resistances are drawn in chart. All levels are on closing basis. Please have a look and revert back if you need some more study on it. Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis. Shortby ShelendrAgrawalUpdated 1
Tech Mahindra - 25th May 2022Stock Entering Value Buying Zone 1080 - 910 for Medium Term Investors.by thegutsy0
Tech Mahindra - LongTech Mahindra - Long when it cuts the current lower trend Bounce back when it reaches the accumulation zone... Educational purpose ...Longby ravi156841
intraday trading idea for buyintraday trading idea for buy intraday trading idea for buy intraday trading idea for buyLongby ProfitPicksUpdated 2
Tech Mah Expected Bottom out levelHCL Expected Bottom out level 1000 to 900 Concentrate in this levelby Tamilniftyanalysis1113
Trading further downtrend in TECH M through swing in PUT optionBasic Technical Analysis - 1. Scrip is in a downtrend, following a parallel channel on Daily TF. 2. Recently gave a breakdown from a long term (June'20) trendline. 3. Bounced back from higher TF (weekly) demand zone after breakdown. 4. Other marked DZ (green), SZ (red) levels are respected. 5. 2nd demand zone & approaching 200 EMA might now act as resistance in short term. Trade a 75min supply zone b/w these two higher TF demand zones. Options Trade - 1. ENTRY / TARGET as per spot chart - 1325 / 1275 2. SL using spot chart - 1350 3. RR - 1:2 4. Strike Price - TECHM 26 MAY 1260 PUT (little OTM having good OI) Other considerations - 1. Select strike price & set SL according to option capital needs, your risk appetite & market sentiment at ENTRY. 2. Time based SL not needed as this trade has the possibility to get over in just few days. Still can keep 50-55% of ENTRY - SL (in spot chart) as your SL. 3. Tech Mahindra Q4FY22 earnings is on 12th May'22.Shortby ht_rohitUpdated 223
TECHM LONGTECHM LONG Entry at given level and stoploss in mind daily base close sl dont apply in live marketLongby Price_Action_by_Ashok_Patel330
#TECHMBottom confirmation BO12 Increasing score Crossing 1295 towards 1390 SL 1263 (structure inavalidation on LTF)by krishnakhanna1
TECHM ANALYSISAs we see TECHM is taking resistence from the 200ema . we can long after it breaks 200ema .Longby yashjikathpal0
techm nse indiaIT stocks are trading in nearby 200dma using benifits with swing and daytraders, check it all it stocks.by Tradejackify0
#TECHM Harmonic#TECHM next harmonic Target -1497+ PRZ-1040 SL-888 CMP: 1231 @ 3 May 2022.by Shiv_Singh0
is techm getting ready for short tech m making head and shoulder on weekly chart ...lets wait for weekly closing by rachnaarodhia0
tech m head and shoulder potential breakout target 1150 there is a big possibility that the tech m will break the head and shoulder pattern. and market sentiment also looks bearish. Shortby adityapakhare3902
TECH MAHINDRA TARGET 1054TECH MAHINDRA under head and shoulder pattern. If it opens below 1410 and comes below and sustains 1327 it will come up to 1054Shortby ganeshkrupa112
take a look at this and please give me your reviews here i have seen a triangle pattern in tech mahindra sharesLongby lakshaydeep911119