Tech Mahindra - Gap Analysis

1. Apr. 2023

The price analysed in daily and monthly time frame.

Gap Analysis - the news based gap created in stock and price reversed to fill the gap. As mentioned in chart, now gap level acting as support and price closed above 200 ema.

Monthly Chart - the fib level acting as support & resistance and volume strength visible in chart.



Thanks
-AJ

Disclaimer - The chart analysed for educational purpose only.

3. Apr. 2023

Anmerkung

runaway gap filled.

12. Apr. 2023

Anmerkung

17. Apr. 2023

Anmerkung

domino effect 🙃

21. Apr. 2023

Anmerkung

opportunity to accumulate as stock at support level with stop loss of 7%

28. Apr. 2023

Anmerkung

bullish candle from support level at Rs 980.

19. Mai 2023

Anmerkung

gap filled.

31. Mai 2023

Anmerkung

Retest and Tweezer Candle.

30. Juni 2023

Anmerkung

14. Juli 2023

Anmerkung

breakout in Tech M, safe entry at retest confirmation.

If someone did the bottom fishing, definitely enjoying the return of 20% on positional basis.