#techm
Timeframe- 4hr.
Tech Mahindra was stuck in range last from 23 aug to 21 sep almost a one month and today it had given the breakout from the range in upside direction so the bulls have won the battle.
Study purpose only.
Timeframe-Monthly
Tata steel has resisted on the ratio 1.618% of trend based Fibonacci extension and now it is correcting itself. Also it has formed long legged doji at resistance level.
(Study purpose only.)
GESHIP stock had given breakout of monthly falling resistance trendline as primary confirmation & RSI indicator also cross and close above the falling resistance trendline on monthly timeframe as a secondary confirmation. So we can enter in market at current market price and long-term target are 400,442 and stop loss will be 238. (Study purpose only).
