TECH MAHINDRA LTDShort
TECHM CAN BE BEARISH SOON
Other than the points mentioned on my instagram IGTV @kotfotrading , from a longer time frame the current price is near to Fibonacci 38.2 level.
Buyers are dying out and I think this could be the last rally before TECHM starts falling (for short term). Also the 700 price zone is a Value area and Point of control on Volume Profile. Market is closed on Monday so lets see how TECHM opens on Tuesday.
I could be wrong. Do your own research before taking any trade
Buyers are dying out and I think this could be the last rally before TECHM starts falling (for short term). Also the 700 price zone is a Value area and Point of control on Volume Profile. Market is closed on Monday so lets see how TECHM opens on Tuesday.
I could be wrong. Do your own research before taking any trade
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