Trade ideas
TECHM: Prepared for news highs After a considerable correction as a running flat , TechM is ready to break the recent high to trade above the all time highs in the uncharted territory. The correction was assumed as a fourth wave correction & the current rise can be considered as the fifth wave.
Trading strategy:
Buy techm with sl of 1020 for tgt of 1140-50.
TECHM ShortA break below 1068, stock might make a downward move towards 1060/1054/-
Trade void if stock continues upward movement above 1075 post the break .
Disclaimer:
The content of the idea and the interpretation of data are solely my personal views which being said I do not warrant its completeness or accuracy.
This idea published is purely intended for educational and informative purposes, I urge traders to make their own trading decisions based on their specific trading objectives and financial position.
watch for ath breakoutkeep a track on techm for all time high break. if the level is taken out we can see good move short term thankyou
TECH MAHINDRA-Stock forming rectangle pattern
-Stock break and sustain above 1082 Next level to1123/1148/1178 levels .
-Support is near 1050 level on chart.
TECHM It has given a break out from triangle pattern. Buy above 1080 TGT 8 to 10%. For educational purpose only. Kindly contact your financial advisor before taking any trade
#51 TECH MAHENDRA THE HUNT BEGINS 💰 #51(GENIE IDEAS): I will daily post intraday/swing/positional trading opportunities so u can analyse and get the most from it. if you like my analysis do like and follow me as a token of appreciation.and if you have any queries let me know. I have also posted my views on stocks which on the verge of breakout indraprastha gas, ubl , castrol, hindustan unilever, jindal steel, india bulls, dabur .
Leave a comment that is helpful or encouraging. Let's master the markets together .
My swing picksAfter the break out of multi year channel break out , price made a triangle pattern . Now break out the triangle
TECH MAHINDRA - DARVASBOX BREAKOUTSame as the IT index, tech Mahindra also ready to breakout from the 5 months consolidation zone.
keep watching...
LONG TECHMTrendline Breakout in TECHM , Upside movement is expected
TARGET : 1210
LTP : 1063
STOPLOSS : 990
DISCLAIMER : We are not SEBI registered investment advisors. Consult with your financial advisor before initiating any trade. We are sharing this analysis for educational purposes only. I may or may not hold any position in underlying security.
TechM on Verge of brekout of 5 long Months...!5 Monthsof Consolidation & now it seems to breakout above this level..
Go long Closing 1085 (Daily TF )...
Minimum... 10-12% upside Move..
Tech Mahindra ( near breakout)Buy level - 1060-1080
target- 1120-1150-1200
time- short
140 point target (13% return expected)
KAUTILYA can recover Your losses with Quantitative analysis and grow the CAPITAL
NOTE – EDUCATIONAL PURPOSE
(Consult your financial advisor before any decision)
TECH M M TFMULTI YEAR TREND CHANNEL BREAKOUT ON MONTHLY TECH MAHINDRA HOLDING PERIOD LONG TERM 1 YEAR TO 2YEAR STOPLOSS @ 895 TO 910
Tech mahindra looking good , breakout out of consolidationTech mahindra looking good , breakout out of consolidation
TECHM - Daily Breakout - Intra - SwingTech mahindra has broken out of this channel pattern. Looks bullish in all major time frames too. Long view above 1065.
TECH MAHINDRA Cup & Handle BreakoutA double Bottom is forming too.Can trail once reaches Target.Consult your financial advisor
