Tech Mahindra range breakout pre-empting
Updated
tech mahindra in range from 22 august till now 28 june 2023
range is 999-1142 it has touched boundaries and the fall and rise happened
recent fall reverse from 1060 so i think now range breakout can happen
cmp 1108 sl 1060 above 1142 confirmation will be there
target 1284 and 1426
range is 999-1142 it has touched boundaries and the fall and rise happened
recent fall reverse from 1060 so i think now range breakout can happen
cmp 1108 sl 1060 above 1142 confirmation will be there
target 1284 and 1426
Note
target
1142+142=1284
1142+142+142=1426
1426=62% retracement level
Note
confirmation done now sl 1110
now nearing first hurdle 1238 -1248
Note
wwekly gap are important can halt or reverse for some downmove and then again start new upmoveNote
stop loss hit but still can add again with 1070 it sector can outperform in 3-5 years so buy itbees for longterm
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