TECH MAHINDRA LTD
Long

PURE PRICE ACTION - BULLISH BREAKOUT

274
With tech stocks in great momentum TECHM is all set for a upside rally.
Breakout from the previous support turned resistance with heavy volumes clearly indicates the charge of bulls confirmed by the strength in momentum by RSI>60.
May show some profit booking/correction on intra day basis but buy on dips will be a good bet for a short term perspective as a price action is quite bullish. Wait and catch the right price action.

Disclaimer: Take this view for educational purpose. Trade on your own risk.
Happy trading. Happy investing!

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