TECH MAHINDRA GOOD OPPORTUNITY FOR SHORT TERM

✍TECH MAHINDRA GOOD OPPORTUNITY FOR SHORT TERM

Tech mahindra holds best IT companies in  india ..

✍If you have seen the chart pattern of TECH MAHINDRA ..   You will be surprise reason behind this is .. when corona virus came all companies fallen from its high and made a new low .. but this company bounced again from its trendline in daily timeframe below i will post ..a image there you can clearly see the pattern and technicals also ..

✍Now this company has trading near its all time high and today it broke ..all time high and close above its ath (All time high .)

✍So is it a good place for buying at current price or we should wait beacuse its broke its ATH

✍If we talk about strategy and if we explore about strategy you will see and read about this ..  

if any company break its all time high then we should enter and .. wait for good move in short time 

TECH MAHINDRA GOOD OPPORTUNITY FOR SHORT TERM
TECH MAHINDRA GOOD OPPORTUNITY FOR SHORT TERM

 

✍In the above image you can clearly see the pattern 

✍Previous two times high was 846.50 but today it will break its all time high and opened at near 854.95 and it was today high means  open=high  happens today in TECHM   means full profit booking .. 

✍Now if we have to buy . we should wait till today high .. means 855 

✍Above 855 we  may buy .. if this level dont come then we can again see some retracement .. till 830-835

 

current price – 847.40 
 
Buy above –855  or wait till 830/835 -good zone to buy .
Target near –  1st tgt – Near 880
ABFRL SWING OPPORTUNITY CLICK  HERE 
LIC HOUSING SWING OPPORTUNITY  CLICK  HERE 
  • Disclaimer :– Its my analysis it may give you loss or profit so its all depends on you and if you are taking any trade behalf of this you will be responsible for this .. 

 

 

 

 

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