Tech mahindra share on bearish trend.

Clearly, We have seen bearish trend in TechM share . The stock is trading below the 50 EMA. . More important we have seen the fallen window pattern during the last trading session so this will increase the probability of more bearishness in the stock. Thus we can take the short entry below the 550 level for the next target of 540. As we can see the Major support level at this point. Once this support level BO then stock may touch the level of 525-528. Thus add the stock in your watch list .

Always do trading as per your Reward to Risk ratio means Never risk more than you can afford to lose on a single trade. Please keep patience & wait for the levels means Sit and wait for the right opportunity. The idea sharing is for educational purpose only. In case any suggestion advice required feel free to ask .kindly follow & like for more educational ideas.

Dagangan aktif:

Made low 544

Dagangan ditutup: sasaran tercapai:

Made low 540.15 almost near target level given. look our SL still not hit the power of candlestick patterns.

Dagangan ditutup: sasaran tercapai:

made low