TechMahindra - Double Bottom TechMahindra has made double bottom and once the neckline breaks we can expect a movement beyond 1550. How to trade:
Option 1: we can trade now as it is following 20EMI till the neckline i.e.1311 and then once it breaks the neckline we increase position size
Option 2: Let's wait till neckline is b
Techm-If cross today's high it may touch 1300-1380There has been a significant breakout recently. Yesterday's market activity appeared to be a deliberate shakeout, eliminating weaker investors, followed by a notable price surge today. Both trading volumes and closing figures were favourable. The next observation will be whether there is sustained m
TECHM is a Longterm Positional Buy TechMahindra is a long term positional buy, this stock has trading near the support zone and expecting trendline breakout which already trading above the averages, Expecting the uptrend in few days so its a positional buy for long term also. Buy@1515 and for the Target1@1594 and Target@1646 and stop
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Summarizing what the indicators are suggesting.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
A representation of what an asset is worth today and what the market thinks it will be worth in the future.
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of TECH MAHINDRA FUTURES is 1,503.80 INR — it has fallen −0.78% in the past 24 hours. Watch TECH MAHINDRA FUTURES price in more detail on the chart.
The volume of TECH MAHINDRA FUTURES is 1.22 M. Track more important stats on the TECH MAHINDRA FUTURES chart.
Open interest is the number of contracts held by traders in active positions — they're not closed or expired. For TECH MAHINDRA FUTURES this number is 14.63 M. You can use it to track a prevailing market trend and adjust your own strategy: declining open interest for TECH MAHINDRA FUTURES shows that traders are closing their positions, which means a weakening trend.
Buying or selling futures contracts depends on many factors: season, underlying commodity, your own trading strategy. So mostly it's up to you, but if you look for some certain calculations to take into account, you can study technical analysis for TECH MAHINDRA FUTURES. Today its technical rating is sell, but remember that market conditions change all the time, so it's always crucial to do your own research. See more of TECH MAHINDRA FUTURES technicals for a more comprehensive analysis.