Technical view by Nooresh

TECH MAHINDRA — A buy for medium term

The stock has been on radar since the first recommendation at 700 odd levels.


It seems a nice cup and handle breakout on weekly charts and relative outperformance indicates the trend will continue.


tech mahindra


Look to buy at current levels with a stoploss of 1020 on closing basis.


Another stock which looks interesting at current levels could be Cipla at 360-365 with a stoploss of 350 and upside of 380-400.


Nifty continues to move around 5700 levels. As mentioned in previous post 5600-5650 is a good range of supports.


Will be posting a detailed video on Nifty/Bank Nifty and other stocks in next couple of days. Interestingly poised for some really good opportunities.





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Article by Nooresh Merani

Nooresh has written 2532 articles.

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