Tech Mahindra - Channel Breakout
CMP ₹.1292/-
Tech Mahindra looking good. Breakout happened in 1 year long parallel channel and 1 year long resistance trend line. Technically looking good but due to the overall blood bath in market recently, it is very difficult for the stock to survive and keep the trend. If it can outlive the whole market trend then a 40% move can be expected from here.
Tech Mahindra looking good. Breakout happened in 1 year long parallel channel and 1 year long resistance trend line. Technically looking good but due to the overall blood bath in market recently, it is very difficult for the stock to survive and keep the trend. If it can outlive the whole market trend then a 40% move can be expected from here.
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