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Tech Mahindra: Breaking Downward Trendline

Oleh NeeteshJain
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It is been observed on daily chart that the price action is breaking out from a downward trendline with an uptrend channel formation. It is slowly and gradually moving up the price levels while respecting the resistance and support levels of the said uptrending channel. It shall further move up to the next resistance level at around 460-65 levels.

Target: 465
Stoploss: 425
Dagangan aktif
Dagangan aktif
Dagangan aktif
Dagangan aktif
It did well today as well, buyers still intact. Tomorrow, it shall further move up to targets. Regards
Dagangan aktif
Dagangan ditutup: sasaran tercapai
Target reached successfully in a week time, Regards
Dagangan ditutup: sasaran tercapai
Target 2 also reached successfully, Regards
CNXITParallel Channeltechmahindra
NeeteshJain

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