Observations: ----> Trendline Broken. May again retest to trendline. ----->> Strong Rise from Previous Support, leaving a demand zone @1020-1035 range. ------>> Bearish gap may be fill.
NSE:TECHM Gain: 20% Duration: 3 months *Not a financial advice to buy or sell. Do your own research. My charts speaks louder than words. I'm a chartist. I paint charts.
Tech Mahindra reports Q4 earnings. Net profit at Rs 1,117.7 cr Vs Expection of Rs 1,275 cr I will prefer to go long near 800/900 Zone for target of Life High with 1 year
I think bottom is in as 1000 is the strong support. Planning to build some position and see if it goes as per the plan. Bit risky as this share have been not having much momentum lately.
NSE:TECHM As You See The Charts Are Back To Old Levels Of 2022. It's A Clear Buy For Short Term To Long Term. One Can Have A Stoploss Of 910 And Buy For It.
Price hasnt shown violent downward moves here as compared to the other IT stocks, The Reward to Risk ratio been amazing suggesting to Buy!!! ENjoy!!! Cheers!!!!
TechM has created inverted H&S pattern on hourly TF. Confirmation can be done via a candle closing above 1115 level for target of 1145/1150 DISC: Please consult your advisor before any investment.
Tech Mahindra SYMMETRICAL TRIANGLE PETTEN Buy1120 Target 1132/1144 SELL 1110 Target 1098/1086
Tech mahindra is trading at near strong support zone if it hold this zone then can expect a bullish move. this is the best zone for long term investment can start buying because this stock is already down by 44% from it's all time high.
Tech M should fall on the 5th of Jan. Should sell for a tgt 1 - 1014, tgt 2 - 1006. Imp levels mentioned on the chart
Some of IT stocks showing some reversal pattern and same is happening with Tech M as well. The scrip has formed an Inverted HnS in 1 hour TF and we may see some bounce in this scrip. day trader can keep this scrip in radar.
Day chart of tech mahindra in which 940 is strong support and also this stock is in triangle pattern
NSE:TECHM has been corrected 61.8% as per Fibonacci. I will be best to take entry at level of 993 with stop loss of 943 (-50 Points Risk Only). Upside I can expect is 1067 & 1150. This could be low risk and high reward idea. Note: This is my personal analysis, only for learning. Thanks.
Tech M CMP 1050 A Chart with alot of words in it With sl of 1040 ... I would only buy Vedang :) Chart is for study purpose only!!!
*Everything is mentioned on the chart. I hope it is easy to understand. *Don't jump in to trade at the beginning of the market. let it get settle for 5 min 15MIN first and judge price action. *Avoid gap up or gap down chase. Wait and trade between level. Note :Trade with strict stoploss. It may or may not hit all the levels. So one can book profit / loss at...
*Everything is mentioned on the chart. I hope it is easy to understand. *Don't jump in to trade at the beginning of the market. let it get settle for 5 min 15MIN first and judge price action. *Avoid gap up or gap down chase. Wait and trade between level. Note :Trade with strict stoploss. It may or may not hit all the levels. So one can book profit / loss at...
*Everything is mentioned on the chart. I hope it is easy to understand. *Don't jump in to trade at the beginning of the market. let it get settle for 5 min 15MIN first and judge price action. *Avoid gap up or gap down chase. Wait and trade between level. Note :Trade with strict stoploss. It may or may not hit all the levels. So one can book profit / loss at...
*Everything is mentioned on the chart. I hope it is easy to understand. *Don't jump in to trade at the beginning of the market. let it get settle for 5 min 15MIN first and judge price action. *Avoid gap up or gap down chase. Wait and trade between level. Note :Trade with strict stoploss. It may or may not hit all the levels. So one can book profit / loss at...