Tech Mahindra has formed Morning Star candlestick pattern indicating short term bottom formation around 1270 levels. Hence Keep SL @ 1265 and buy on dips should be the mantra n hold. Will definitely test all time highs in near future.
Similarly another IT firm has given a major breakout.
Wipro has given above 450 which was a key resistance for past 2 years.Now having crossed 450 it has confirmed double bottom formation and hence can buy with SL 445 n targets of 570 in a year.
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