Tech M : Updated Price Action
Updated
- We posted the initial analysis of Tech M on March 5th, 2023 which can be accessed below.
https://www.tradingview.com/chart/TECHM/6MTq8R2v-TECH-M-Retest-and-Continuation/
- Given that the price action changed with time, we decided to post the updated price action for the ease of our followers
- The chart is pretty self-explanatory
- The Price action is similar to that of
WIPRO . The price consolidated for over a year and finally gave a good breakout.
- Follow the comments below for regular updates on future price action 👇
- The Indian IT sector too is approaching its critical resistance for the third time.
https://www.tradingview.com/chart/CNXIT/jSHsn4ug-NIFTY-IT-Updated-Price-Action/
- Looks like we may see some good momentum in the IT Space. What do you think?
- We appreciate your support! If you liked our analysis, Do give us a 🚀
⚠️Disclaimer: We are not registered advisors. The views expressed here are merely personal opinions. Irrespective of the language used, Nothing mentioned here should be considered as advice or recommendation. Please consult with your financial advisors before making any investment decisions. Like everybody else, we too can be wrong at times ✌🏻
https://www.tradingview.com/chart/TECHM/6MTq8R2v-TECH-M-Retest-and-Continuation/
- Given that the price action changed with time, we decided to post the updated price action for the ease of our followers
- The chart is pretty self-explanatory
- The Price action is similar to that of
WIPRO . The price consolidated for over a year and finally gave a good breakout.- Follow the comments below for regular updates on future price action 👇
- The Indian IT sector too is approaching its critical resistance for the third time.
https://www.tradingview.com/chart/CNXIT/jSHsn4ug-NIFTY-IT-Updated-Price-Action/
- Looks like we may see some good momentum in the IT Space. What do you think?
- We appreciate your support! If you liked our analysis, Do give us a 🚀
⚠️Disclaimer: We are not registered advisors. The views expressed here are merely personal opinions. Irrespective of the language used, Nothing mentioned here should be considered as advice or recommendation. Please consult with your financial advisors before making any investment decisions. Like everybody else, we too can be wrong at times ✌🏻
Note
Retest and Continuation in play !!Note
And Boom !Note
Like every other IT Stock:Note
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Weird price movement on Management optiism.Note
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