mounalai

Techm buy @1100 to 1110

Long
NSE:TECHM   TECH MAHINDRA
Day Chart/Weekly Chart/Monthly Chart

It is showing that the downtrend is breakout and starting uptrend, need to first confirm @ 1100 when crossing then buy. The range of buying price is @1100 to 1110.

The first target price is @1575 (43%) and the time period is 3 to 6 months.

The second target price is @1839 (66% Return) and the time period is 3 to 6 months.

The First Stoploss @1000 (10%)

The Second Stoploss @944 (14%)

The stock fundamentally strong ROE 21%, Sales Growth TTM 21%, Profit Growth TTM 13%
Maintaining a healthy dividends.

This idea is only for educational and training purposes. Please confirm your technical analysis then invest. thank you



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