TECH MAHINDRA LTDPanjang
PURE PRICE ACTION - BULLISH BREAKOUT
With tech stocks in great momentum TECHM is all set for a upside rally.
Breakout from the previous support turned resistance with heavy volumes clearly indicates the charge of bulls confirmed by the strength in momentum by RSI>60.
May show some profit booking/correction on intra day basis but buy on dips will be a good bet for a short term perspective as a price action is quite bullish. Wait and catch the right price action.
Disclaimer: Take this view for educational purpose. Trade on your own risk.
Happy trading. Happy investing!
Breakout from the previous support turned resistance with heavy volumes clearly indicates the charge of bulls confirmed by the strength in momentum by RSI>60.
May show some profit booking/correction on intra day basis but buy on dips will be a good bet for a short term perspective as a price action is quite bullish. Wait and catch the right price action.
Disclaimer: Take this view for educational purpose. Trade on your own risk.
Happy trading. Happy investing!
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.