TECHM trade ideas
TECHMBuy on Breakout
Stock is consolidating in Channel Pattern
As IT Sector is bullish, so it is preferred to be bullish in stock Too.
Keep a trailing SL
TECHMNote:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
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Keep an eye ladies and gentlemen. Cheers and Happy Trading
Techm Is Taking Rest to Fly AboveAFter aa Bull Run ..Techm is taking Rest to Fly Further ... So AFter Consolidation good to Buy
TECHM: Double Bottom FormationTechM formed a double bottom on the hourly time frame. Right now price is trading near the supply zone. we may see some good movement in TechM in Intraday/Swing trading.
Levels are marked in the chart itself.
Flag Pole pattern in TECHMStock has been trading in a consolidation in the range of 1410 to 1480. Breakout on either side shall spurt the trading phase.
TECH-M intraday analysis and setup⚓Hello Traders👋
Today i have made a post on TECH-M 1hr timeframe
I hope you find this post helpful and informative👍
The targets and stoploss would be given in the charts or they would be according to pivot points
Thank You
—DISCLAIMER—
I am not a SEBI registered financial advisor
Please consider your consultant's advise a must , all the setups posted here will be considered as informative and helpful post
I shall not be responsible for your profits and losses
Intraday trade in Tech MahindraThis scrip had formed a symmetrical triangle pattern in 1Hr time frame also this scrip is in an uptrend for a long time, usually patterns in smaller timeframes cannot be much reliable so i say this one as a risky trade, better do intraday trade in it. If you don't mind booking losses then you may go for it if tomorrow's open is strong.
Tech Mahindra positional *For educational purpose only, it's not a call do your own analysis.
Stock is forming flag and pole pattern it can give breakout tomorrow. Keep in your radar.
Thanks!
#Breakouttrades.....
Tech M at channel support on hourlyCurrently tech m is in channel pattern on hourly chart and halt at support of channel also there is bearish divergences on daily, so look like 1454 will act as a resistence and 1430 is a short term support zone. Wait for a breakout or breakdown levels to understand the move. Let's see where it goes in next week.
This analysis is just for educational purpose.
TECHMBuy TECHM INTRADAY BETWEEN 1419-1422
with SL below 1411
TARGET 1445-1450
Note : Trading in any financial market is very risky. I 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-M HOURLY CHART SETUPnice trendline and forming new market highs
expected to bounce from fresh demand
targets to be taken from pivots
📈 Pre-open MTF #PriceAction Analysis by #KRMG (25 Aug)👉 Stock 2 - #TECHM
👉 Sector - IT
👨🏻🏫 Analysis Timeframes - Hourly and 15 min (Intra)
🎯 Commentary - It has shown good strength in Upward direction from 1330 Level as per Hourly timeframe and now trading to its ALL TIME HIGH Level
It has continued good Higher Low pattern as per 15- Min timeframe and also yesterday after strong opening it continued Upmove and then able to close to the Days High in Second half of Market
Now it has space till 1500 Level where currently it is trading to its ALL TIME HIGH Level and buy Trade can be taken only if breaks CZ with good volume
🎯 Coming to sectoral pattern - #NiftyIT a is now trading to its ALL TIME HIGH Level and currently big institutions increasing there stake in it
#KRMGPriceAction
#LearnWithKRMG
Tech Mahindra Trade IdeaTook good support at 23% retracement and made good rejection bullish candle.
can be considered for longs as IT sector is looking strong as well.
Long Term - Tech MahindraBuying Range 1 - 100 MMA High
Buying Range 2 - 100 MMA Low
Buying Range 3 - Trend line from 2009
**Buy Heavily - Rare Chances in IT**
TECHM is now at 1412 from 1080. 2 months 40% GainTECHM is now at 1412 from 1080. 2 months 40% Gain
Buy position was 1080.
Hope you liked it.
Stop Loss 988
TECHM: Analysis for Intraday.TECHM formed a pennant on a 15-minute chart after a large movement in the price.
TECHM buy above 1387Condition:
Market sentiment must be positive
Price at given level must be sustained
Always trail your stop plus
Note: It is only for educational purpose
don't understand what it is but it worksIs there any suggestion or any pattern you find then let me know. Why this go up anybody can explain
