TradingSutra

TECHM: Prepared for news highs

Long
NSE:TECHM   TECH MAHINDRA
After a considerable correction as a running flat , TechM is ready to break the recent high to trade above the all time highs in the uncharted territory. The correction was assumed as a fourth wave correction & the current rise can be considered as the fifth wave.


Trading strategy:

Buy techm with sl of 1020 for tgt of 1140-50.

Manish Bhardwaj (CMT L-1)
Analyst & Co-Founder
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