TechM - Bullish Engulfing at 21 EMANote: This is for educational purpose only. 21 EMA is above 55 EMA which indicates short term uptrend. 21 EMA has been acting as dynamic support previously as well. Moreover, there seems to be a bullish engulfing on 21 EMA. RSI above 60 indicates bullish momentum.Longby kalyangangulyOct 20, 20206623
TECHM, Selling divergence 15 min chartTECHM – Gave Rs 14 from the closing of selling divergence candle (live market). Indicator used TE REKAB, it captures reversals in the market. #TradingEdge Academy The Indicator used shows Reversals forming in live market, it is a whole setup in its own and is very helpful for beginners. Contact : 8433624173 for more. This is my personal study & idea. Please take advice from your financial advisor before taking any investing decision based on above chart. Happy Investing !NShortby c4dilipOct 19, 20201
Tech Mahindra is going to go for a fre-fallPlease follow these rules before taking a trade : 1. The breakout candle didn't have any volume (Checked). 2. It is at a major resistance (Checked). 3. The up-trend has to be broken and retested (Checked). 4. Take the trade only after the above these. Do let me know if any doubt is there. NShortby Abhishek_TradersSinUpdated Oct 16, 20200
TechM consolidatingTechM – buy near 805 support zone and sell near 880 resistance zone. Indicator used TE REKAB, it captures reversals in the market. Captured easy Rs. 9 per share effectively in above chart. #TradingEdge Academy The Indicator used shows Reversals forming in live market, it is a whole setup in its own and is very helpful for beginners. Contact : 8433624173 for more. This is my personal study. Please take advice from your financial advisor before investing. Happy Investing ! NShortby c4dilipOct 15, 2020221
Tech Mahindra - Shows sign of reversalNSE:TECHM Chart is showing bearish signals, indicates pullback.Nby AksTechOct 14, 20202
Tech MahindraTechm looks weak holding 850 as resistance. Might look further till 830-800NShortby TheinvestorshubOct 14, 20200
Tech Mahindra viewBerish Below 501 Bullish above 535 Reverse trade if stopped outNby nikhilgodhaniUpdated Oct 13, 20201
MUlti-year Blue Sky Zone Breakout in TechMahindraBlue Sky Zone Mega Breakout means all time high price breakout in TechMahindra stock . Stock has try to breakout in Feb. 2020, April 2019, Feb 2019 but not succeed. In Feb. 2019/Sept. 2018 stock has broken high of Rs 740 of year 2015 and make new high just close to the same after share price falls from the new peak. Now, share gives multi year breakout and IT sector is already providing strong rally. The company consistently providing good profit results from last five years and providing average five year revenue growth of 11% and cash rich company. My Fist Target is Rs 960 and second target Rs 1050 and third target Rs 1140 with Stop loss of 710-720. Long term investment horizon for 3 months to one year.NLongby DrDavinderChechiOct 13, 20200
#LETSTALKABOUTMARKETS - Tech MahindraTech Mahindra seems exhausted now and is not participating in the Amazing IT rally that we have seen. It can be considered the weak link in the It index even though it has given a wonderful return. Technically TechM has closed with a graveyard candlestick which indicates a reversal in the uptrend. One can enter into a short position around 870-875 with a strict SL of 910 and for a target of 800. It also has a negative RSI divergence as marked in the charts. Do like and comment your views. This is my personal opinion and purely for educational purposes. NShortby je_shOct 8, 20201
TECHM long term buy signal if it breaks 851 resistance.The price has not been able to move above 851. 851 is major resistance for TECHM if the price breaks the resistance we can see upward move up to 1120 if it does not break the resistance then the price may fall up to 540. IF THE PRICE BREAKS THE RESISTANCE (BUY) Entry : 851 Target : 1120 Stop loss : 840 IF THE PRICE DOES NOT BREAK THE RESISTANCE (SHORT) Entry : 851 Target : 540 Stop loss : 860Nby Deepak_dc93Updated Oct 8, 20204
Major resistance Break, firing in uncharted territoryIt breaks a multi year resistance. Spread chart shows a breakout before than the stock itself. It has shown Relative strength (not RSI) wrt to benchmark index. It is showing same chart formation as KPIT tech, TCS, Niit LTD. All three have given a spectacular move. IT sector also in flavor.NLongby Dr_Aditya_JalanOct 6, 20201
buybuy around 811-807 sl 789 target 860-870. Disc : It's not an advise to buy or sellNLongby TukkaNomistUpdated Oct 6, 20200