TECHMNSE:TECHM
One Can Enter Now ! Or Wait for Retest of the Trendline (BO).
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
2. Close, should be good and Clean.
3. R:R ratio should be 1 :2 minimum
4. Plan as per your RISK appetite
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose!
TECHM
Tech MahindraAt weekly timeframe, Tech Mahindra is standing at strong support around 1000 which is also a round number.
Also, 0.618 fib level, 200 EMA & POC Level present at same area.
If we look towards RSI, it's also showing techm is at oversold levels.
We can go long and add some long position in portfolio with a SL of 940.
Follow rules for profitability.
Thanks,
Sumit Thakur
#ANGELONE #ZERODHA #EDELWEISS #ANANDRATHI #ISEC #MOTILALOFS #IT#ANGELONE
NSE:ANGELONE
NSE:ANGELONE
CMP: 1452.50
Entry Price 1440
Target: 1900+
SL: 1170
RR Ratio > 3
Return > 45%
Time Frame < 6 months.
Factors:
BULLISH WEDGE BREAKOUT
Trend Following
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.
If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations.
With 💚 from Rachit Sethia
TECHM LONGCurrently at a very crucial support zone. If it bounces back from this level, it will be a good stock for the upcoming weeks.
If it completes the double bottom formation, we can also see it going above 1570 levels.
Trade safe. Manage risk. Be profitable.
Please follow us for more simple trading analysis and setups. Also let me know in the comment in case you have any queries.
Disclaimer :- This is just my view. Please analyze charts yourself and then decide to take any trades.
Redington #Redington 166.75 to 230 #INFY #TCS #WIPRO #NIITLTD #Q#REDINGTON
NSE:REDINGTON
NSE:REDINGTON
NSE:REDINGTON
REDINGTON CMP 166.75
TARGET 220+
SL 155
TF < 6 months
RR > 3
Return > 40%
Factors:
BULLISH WEDGE BREAKOUT
Trend Following
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.
If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations.
With 💚 from Rachit Sethia
TECHM looks good for upside momentumHey guys!
The few last stocks I gave have all the target except ICICI bank which is still consolidating.
This TECHM was bought to us on right time today by one of our member of the small group of traders and I also analysed it & it definitely looks good to me too.
All the info for buying has been provided in the chart above along with the targets, this can also be done in Intraday tomorrow.
BUY ABOVE: 1555
Target:1575 and above as in charts, one can also aim for ATH(all time high)
RSI supporting
MACD showing bears retreating
Please LIKE, COMMENT and SHARE to motivate and support me. I'll keep on posting new ideas on Indices & Stocks. Be sure to follow so that you don't miss any good trades that might have been rewarding.
Any comments and critiques will be appreciated even if it's of opposite view as a trader can also be right so many times.
TECHM LONG INTRADAY 10 JUN,2021Dear trader,
If u look at the chart of TECHM (analysis based intraday only) the TECHM Buy at 1070 and Target at 1080
Best Buy at 1068.
Our Best Buy is based on high quality research and when the instrument reaches this level , it’s a jackpot trade.
Best Buy level might be executed or might not be executed.
The chart clearly indicates Bullish Trend you can also see the candle stick patters for more indepth analysis.
In Intraday most important thing is to enter and exit points.
Our signals are based on analytics, algorithms, mathematical derivatives.
Always be a responsible trader, kindly trade only when you have maximum opportunity in the market with minimum risk and with keynotes like data, analysis and proper strategies.
Kindly message us for strategies and analysis.
TECHM SHORT INTRADAY 27 APR, 2021Dear trader,
If u look at the chart of TECHM (analysis based intraday only) the TECHM SELL at 945 and Target at 934
Best Buy at 940.
Our Best Buy is based on high quality research and when the instrument reaches this level , it’s a jackpot trade.
Best Buy level might be executed or might not be executed.
The chart clearly indicates Bullish Trend you can also see the candle stick patters for more indepth analysis.
In Intraday most important thing is to enter and exit points.
Our signals are based on analytics, algorithms, mathematical derivatives.
Always be a responsible trader, kindly trade only when you have maximum opportunity in the market with minimum risk and with keynotes like data, analysis and proper strategies.
Kindly message us for strategies and analysis.