Short trade on Tech Mahindra (NSE)

21 Tem

A rising wedge pattern has been identified on the daily timeframe for the stock.

Traders should wait for the trend line to be breached. Once it is broken, set a stop loss at the swing high and use a trailing stop loss. The three targets are based on the stock's immediate support levels.

Note - Please consult your financial advisor before engaging in trading activities, as this information is for educational purposes only. Trading futures and options involves significant risk.