Hi friends,
I think we have a small Trade setup in Tech mahindra.
Lets look at the chart.
From the chart we
can see that we finished
a squeeze abcde at 1700
levels and from there we
did a impulse up till
1880,And started a
correction for that we
have done a down and
b up now we in c down
Here we have a small
trade we can initiate a short at current market price or in rises stoploss at 1861 and
targets as 1778 and 1727 in case the wave stretches.
Lets see how the stock performs in coming days
Regards
Rish
I think we have a small Trade setup in Tech mahindra.
Lets look at the chart.
can see that we finished
a squeeze abcde at 1700
levels and from there we
did a impulse up till
1880,And started a
correction for that we
have done a down and
b up now we in c down
Here we have a small
trade we can initiate a short at current market price or in rises stoploss at 1861 and
targets as 1778 and 1727 in case the wave stretches.
Lets see how the stock performs in coming days
Regards
Rish
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