TECH-MAHINDRA ANALYSIS 24 APRIL

At first look at the charts....

5 Yrs Weekly chart

 

1 Yr Daily

 

6 Mth Daily

 

Now you can clearly see that this stock is going to fall and we should wait around 900 Rs. because it is its previous support level.

You can point out that H&S just on top and its effect on this stock so we can expect it to come down further more.

But the RSI is showing some divergence.
We should wait for a white candle and then a confirmation after which we should enter in this stock.