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 broken (conservative) and we can also wait once it breaks neckline...
There 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 momentum with consecutive follow-through days. If crosses today's...
Techm Fut broke out of descending triangle pattern on an hourly chart with good OI. Could be bought with mentioned stoploss & target.
#TECHM trading 1118 formed bearish pattern, Today trading our retracement level, we can sell below 1113 and tgt 1090 SL: LIVE
#TECHM trading 1132 formed bearish pattern, Today trading our retracement level, we can sell below 1126 and tgt 1100-1085 SL: LIVE
#TECHM trading 1061 formed bulish pattern, Today trading our retracement level, we can buy above 1070 and tgt 1085 SL: LIVE
#TECHM trading 1467 formed bullish pattern, Today trading our retracement level, we can buy above 1469 and tgt for 1485 follow SL 1454
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 stoploss@1460. Why we like it: Trading above averages and its a buy...
1680 is a good demand zone for techm as per option chain for dec month data. significant long built up in stock and pcr is favourable at 1680 for long. plz dont trade its just a study. analyse yourself if uyou like plz comment
Can Buy in the levels 900-928, stop loss as per your risk profile/RMS Policy. Targets 975-1024. Less risky traders can buy March 960 CE.
Details on Chart. Note: This is for study purpose only.
Keep n eye, Long if stays above 1040 SL around 1018
buying idea for tech Mahindra in futures contract ( 31 DEC 20 FUT )
After the price and time wise correction. it may go upwards. Entry zone 845-855 TGT may be 878/892/909 SL 830 Disclaimer: Ideas for learning Only. All IT stocks will be in focus.And in this sector Wipro and Coforge is in good buying range. So keep an eye on this two.
With Indian IT sector looking strong, there are a few potential opportunities . HCLTECH was posted earlier TECHM is another one. Look for new highs while the support holds
Techmahindra fut CMP 791.25 - 15 min analysis Short below 784 for Target 780- 777-770-760-750+ Buy only above 800 Closing basis - 15 min candle Target 810-820-830-840+