TECHM trade ideas
Strongest Buy/ Major Support/ Invest Idea #8Buy level: 850
Target: 1150 OR 'Hold for new high' if Ceiling broken on Daily closing.
"Aim 35% upside and more IT potential."
DISCLAIMER: THIS IS ONLY FOR SPECULATION AND NOT AN INVESTMENT ADVICE OR ANY RECOMMENDATION. KINDLY TAKE OWN DECISIONS FOR CAPITAL RISKS ASSOCIATED IN/WITH FINANCIAL MARKETS AND TRADE AT YOUR SOLE DISCRETION.
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Tech M - Intraday Trade SetupTech M CMP - 929.50
Looking bearish in higher time frame. One can go for Intraday Trade setup with the following entry, exit & targets
Sell At at Below 922 / Stop Loss 931
Target 1 - 917
Target 2 - 912
Target 3 - 908
Disclaimer: This is my view and for educational purpose only.
Tech mahindra breakout preparing for go beyond-900intraday-sell below 865.20 trgt-860-855 and buy-882-trgt-890.
it has made all time high breakout with high volume from the last 4month at-887 so
it can go to -920 in short term.
note-trade at your risk or watch my analysis.
plz like and comment my work.
Tech Mahindra breakout preparing for go beyond-900intraday sell below 865 trgt-860,855
and buy-882-trgt-890 it has made all time high
break out with volume at-887
last day volume is so high from the last4-5 month so it can go 920 in short term.
note-trade at own risk or watch my analysis.
plz like and comment my work.
TechM_Long Call_10.50% profit in 2 monthsDate: 24 Nov 2020
TechM (CMP:882)
After a good price rise in the recent past stock was seen consolidating for a short period. During the consolidation the chart formed an Ascending Triangle Pattern. The volume can be seen increasing towards the buy side and RSI is at 62 levels. This is a good sign for buy in short - medium term.
Price Target: 965
Target date: 12 Jan 2021
T1 - 903, T2 - 934, T3 - 965; SL: 850
Profit Potential: 10% ~ 10.50%