As per triangle pattern goin on in Titan, we should wait and watch for breakout and then create fresh long or short position depending on which side it gives breakout. I am personally looking for upside breakout
As per chart analysis and movement of dollar in recent days, IT space looks slightly bearish in upcoming days. One can go for short in Tech Mahindra with sl above 720. This view is for swing traders.
As per daily candle chart, there is clear upside descending triangle breakout. Those who are looking for good investment opportunity can invest in this gem with stop loss below 720. The view here is for short to medium term.