TECH MAHINDRA - SHORT below 950, Target 800
Currently Tech Mahindra is at a strong support of Fib retracement of 61.8 and round figure of 1000. There are other Fib points of confluence from 1000 to 975. So to be on a safer side, short when price closes below 950 to target 800.
Less likely scenario, alternatively, if u r already invested at high levels, hold if the price stays above 950
Less likely scenario, alternatively, if u r already invested at high levels, hold if the price stays above 950
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