#Techmahindra #breakout Tech Mahindra: Inv H&S and falling trend line BO is in place on LTF. Looking good to buy between CMP - 1490 SL 1475 Tgt 1700 - 1750
TECHM trade ideas
Tech Mahindra Limited (Long)Its above 200 EMA on 1 Day chart
Good volume coming
its in downward channel
buy when resistance trendline of channel broken
rest all levels as mentioned on the chart.
Please do correlate by yourself also on charts. This is for paper trading and educational purpose only. Must consult your Financial advisor before investing.
Tech Mahindra India Sun Storm Investment Trading Desk & NexGen Wealth Management Service Present's: SSITD & NexGen Portfolio of the Week Series
Focus: Worldwide
By Sun Storm Investment Research & NexGen Wealth Management Service
A Profit & Solutions Strategy & Research
Trading | Investment | Stocks | ETF | Mutual Funds | Crypto | Bonds | Options | Dividend | Futures |
USA | Canada | UK | Germany | France | Italy | Rest of Europe | Mexico | India
Disclaimer: Sun Storm Investment and NexGen are not registered financial advisors, so please do your own research before trading & investing anything. This is information is for only research purposes not for actual trading & investing decision.
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TECHM ANALYSISCMP: 1389.70
Falling Wedge Pattern backed by downtrend and declining volume
Entry on upside break of the wedge
Target: 1500-1510
TECHM - TECHM - 200 ema support assisted by minor divergence.
The risk reward ratio is highly favourable here.
TECHM - Eleveted double bottomTECH M - Elevated double bottom.
If 1440 holds today, we can experience a god move.
Stop loss here is 200 ema.
TechM consolidation Yesterday techm trendline drawn failed.
Descending triangle pattern is a bullish signal if it breaks out the pattern.
It can give a good upmove before it breaks the triangle.
TechM long setupOn an hourly time frame it is respecting 0.618 (golden level) of fibonnaci retracement.
Its forming a desending triangle pattern on 30 minutes time frame.
A bullish breakout may give a good move.
TECH MAHINDRA BREAKOUTNSE:TECHM hit a fresh all time high when the overall market is very weak.
It gave a breakout from a rising wedge pattern.
Look to enter at CMP if it breaks the day's high. Enter with rest of the position once stock retraces.
Possibility of a fakeout is very high but the IT sector is the only sector outperforming in Indian markets.
Stock is also good for long term buy and hold.
Tech Mahinndra India Sun Storm Investment Trading Desk & NexGen Wealth Management Service Present's: SSITD & NexGen Portfolio of the Week Series
Focus: Worldwide
By Sun Storm Investment Research & NexGen Wealth Management Service
A Profit & Solutions Strategy & Research
Trading | Investment | Stocks | ETF | Mutual Funds | Crypto | Bonds | Options | Dividend | Futures |
USA | Canada | UK | Germany | France | Italy | Rest of Europe | Mexico | India
Disclaimer: Sun Storm Investment and NexGen are not registered financial advisors, so please do your own research before trading & investing anything. This is information is for only research purposes not for actual trading & investing decision.
#debadipb #profitsolutions
Techmahindra proper patternStock making inverted head and sholder pattern in 15min time frame. Bullish after candle close above resistance(orange) line .
Institutional zone analysisYesterday institutional zone combined with price action. there are more stocks which respected the levels, we have updates few for reference
TechmahindraTechmahindra made an hammer pattern on DAILY Charts.
Indicates trend recersal on the upside, could be bought for bigger targets or as BTST
TECHM broke short term supportThe stock broke its short term support in today's session with the Big Bear candle having good volume.
Now, sustaining below 1695, the stock could move towards 1550-1530 in the coming trading sessions.
Disclaimer : not a recommendation to trade
tech mahindra bullishprice, volume, oscillators points towards upper channel target , sentiment still needs to turnaround.
for education purpose only
TECHMAHINDRA SELLTECHMAHINDRA SELL for day trading if stock and IT sector also weak then we will short the stock...
INSIDE CANDLElooking good for intraday short side it made a inside candle in downtrend after breaking the Friday's low we can go for shortto target of 1% or 1674
Tech Mahindra - BreakoutBreakout in TECH MAHIDRA in Daily Timeframe.
Note: The ideas are only for educational purposes and not buy/sell recommendation. I am not SEBI registered.
update of tech mahindraI have updated the tech Mahindra stock and have detailed the correct trading approach. take care. enjoy
TEHCM - Fresh ATH breakout TECHM - Watch the breakout in price as well as RSI.
Increasing relative strength in this counter.
Tech Mahindra-BuyLooking bullish. One can go long with mentioned key levels in chart.
If you like this idea and this Analysis just please like this idea and leave a comment.
Disclaimer: Don't just blindly Trade or Invest, learn and then trade. Manage your risks properly.
This analysis is purely for EDUCATIONAL purpose
Buy Techmahindra Target 🎯 1800Buy Techmahindra Target 🎯 1800 because it's recently given major breakout.
