TECHM - TECHM - 200 ema support assisted by minor divergence.
The risk reward ratio is highly favourable here.
TECHM trade ideas
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
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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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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.
TECHM on the verge of confirming the breakoutTech Mahindra trying to come out of almost 2 month long consolidation and has already given a breakout only a good healthy candle is required for proper confirmation
TECHM NSE TechMhindra BullishView above 1600TECHM NSE TechMhindra is Bullish if 1600 holds. New LifeTime high. Fresh Breakout. Positive Trend.
***** Educational Purpose only.
Tech Mahindra - rectangle patternTech Mahindra..daily chart. Boundaries defined in the chart, if breakout above 1640 then may proceed towards 1800 and if closes below lower boundary 1466, then may test next support at 1364. RS positive and above price above 50 DEMA.
Only for educational purposes, not buy/sell recommendation.
#Techm cash : Good sell in down market#TechM cash for 2-3 days
05.Dec 2021
Looks good sell below 1580.10
stoploss 1600
Target 1560-1563/1546
Cmp 1593.30
(Resistance 1605-1610)
