marketmoneymohmaya

TECHNOE - Weekly Chart Analysis

Long
NSE:TECHNOE   TECHNO ELECTRIC &
The strength is still intact. A new ATH after pausing for 4 weeks in a 15% range.
I will stay in the trade until the strength persist. It is trading above all its moving averages.
Would not recommend you to enter at current levels and would rather suggest to wait for another base to form. Keep it in your watchlist.

Disclaimer: Already entered @ 464.50. This is just an analysis and not a buy/sell recommendation. If you intend to trade this counter then do your own due diligence and trade at your own risk.

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