After a significant downtrend, Hammer pattern – green candle with smaller body, lower tail two times of its body size and small upper tail is seen in Tech Mahindra Limited. High volume is present. Long position can be taken when the price moves above the hammer day high.
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Stock Ticker – NSE: TECHM – Tech Mahindra Ltd. – IT
Bullish Trade plan:
Entry Level 640.4 Target 675.2 Stoploss 605.6
Analyst Rating – :4/5
View Posted on 2019-08-01