Tech mahindra stock to be taken for long entry.
clearly, we can see after the BO level of 630 stock has sustain very well & closing of the day is above the level. So now once again after the BO level of 655 we can take long entry for the target price of 670 & after 680 we can clearly see the 715 levels in the stock. but in case of weak global sentiment this stock can go in bearish mode. So the best practice is to keep the SL trailing in these type of stocks.
Always do trading as per your Reward to Risk ratio means Never risk more than you can afford to lose on a single trade. Please keep patience & wait for the levels means Sit and wait for the right opportunity. Request to like & follow for more such ideas of technical analysis learning.The idea sharing is for educational purpose only. In case any suggestion advice required feel free to ask .
Always do trading as per your Reward to Risk ratio means Never risk more than you can afford to lose on a single trade. Please keep patience & wait for the levels means Sit and wait for the right opportunity. Request to like & follow for more such ideas of technical analysis learning.The idea sharing is for educational purpose only. In case any suggestion advice required feel free to ask .
Trade attivo
Trade attivo:
High 666
Commento:
670 as per level given
Commento:
High 702