At weekly timeframe, Tech Mahindra is standing at strong support around 1000 which is also a round number.
Also, 0.618 fib level, 200 EMA & POC Level present at same area.
If we look towards RSI, it's also showing techm is at oversold levels.
We can go long and add some long position in portfolio with a SL of 940.
Follow rules for profitability.
Thanks,
Sumit Thakur
Also, 0.618 fib level, 200 EMA & POC Level present at same area.
If we look towards RSI, it's also showing techm is at oversold levels.
We can go long and add some long position in portfolio with a SL of 940.
Follow rules for profitability.
Thanks,
Sumit Thakur