Wednesday, September 19, 2007

Tech Mahindra

TECH MAHINDRA

Price: 1350

Target 1440 and 1560

Action: Buy if closes above 1366

Tech Mahindra closed at 1350 which is above its three months average of 1347. It is also close to its resistance line. On break of 1360 and close above 1366, Tech Mahindra would be initiating a fresh rally and can be held for targets of 1440-1560.


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