Tech Mahindra range breakout pre-empting

28 Haz 2023

tech mahindra in range from 22 august till now 28 june 2023
range is 999-1142 it has touched boundaries and the fall and rise happened
recent fall reverse from 1060 so i think now range breakout can happen
cmp 1108 sl 1060 above 1142 confirmation will be there
target 1284 and 1426

28 Haz 2023

Not

target
1142+142=1284
1142+142+142=1426

1426=62% retracement level

14 Tem 2023

Not

confirmation done now sl 1110
now nearing first hurdle 1238 -1248

14 Tem 2023

Not

wwekly gap are important can halt or reverse for some downmove and then again start new upmove

7 Ağu 2023

Not

stop loss hit but still can add again with 1070 it sector can outperform in 3-5 years so buy itbees for longterm