Tech Mahindra had q great from 1800 level to 1000. This is 50 % fall from its high. Nearly one year had passed Tech Mah is hovering around 1150 to 1000 levels. Today ROC had broken above 0 line, 20 50 Dema is amvi g up and on macd had just crossed signal lines which put stock in Buy category. Target is 0.318 fibonacci level which is retracement level of fall from 1800 to 1000 k.
Trade ativo:
Tech Mahendra is showing resilience to Nifty. CMP 1125 buy given at 1120. Can Buy now also