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Nseoptions

TechM Fair chance of Correction Price has reacted to a Fresh 3 Month Supply also there is a fresh 6 Month Demand formed, Hence we are expecting a Correction. After reacting to the Fresh Quarterly Supply, as per Weekly chart we have drawn trend-lines which also show the Support and then we see Price has violated the Support forming a new low, which indicates the sellers are coming in Power, Considering the previous low violation and the 3 Months Soucre Supply this is the Short position.
NSE:TECHMShort
by WavesandZones