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Dhwani Patel

14th Aug · SEBI-Registered Analyst

Tech Mahindra - Major Overhead resistance - Profit booking.

$TECHM is encountering major overhead resistance along a multi-year descending trendline near the ₹1,750–₹1,800 zone on the weekly chart. Traders should prioritize profit booking at current levels unless this primary trendline resistance is decisively broken. Immediate downside support is anchored near the ₹1,450–₹1,500 range should a pullback occur.

#TrendingSectors#SectorBreakouts#TimeToExit
Screenshot 2026-08-14 111046.png
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