Investment_ TECHM (Tech Mahindra)

업데이트됨
Namaste!
I have selected another stock, which looks good to invest in. You must have wondering, why am I sharing only technology companies? Well, it is the sector which have fallen mostly.
I don't like to buy at highs. I like to buy at correction, when there is fear, when the weak-hands get panic and selling it. That's what many of the great investors do.

Anyways, TECHM is a stock, which have fallen around 48% from all time highs. Well, in my perspective, this stock, along with other technology stocks are on a sale. I would advice anyone to invest in because, it is a very good opportunity to do so. If you have been reading my articles, you will know why.
And remember, don't concentrate your portfolio in the IT Sector, by buying every stock in the sector. Please diversify.

You can either place GTT (Good Till Triggered) orders with your broker at a price 1017.50-1018, or manually buy it if it crosses this crucial price level.
I would modify the entry, if it signals to do so based on my plan, and will update it here.

Q: Will it sky-rocket as soon as you buy.
A: NO. Investment takes time to show results, months or years. There are many many things which affect the stock performance. You can't figure out why is this happening.
What can you do is, buy and sell.

Please read previous articles, for reading more about the above thing.

Disclaimer: The analysis I have shared is based on my understanding and experience in the markets. Investment carries an element of financial risk. Please do your analysis and/or consult your financial advisor before investing. I already have some shares and will/may add more if I get another opportunity.


액티브 트레이드
노트
The stock has shown a strength of not falling below 50% from all time highs (Feb 2015 to Jun 2017) and (Apr 2019 to Mar 2020). The stock is currently trading in a consolidation range of (Jan-Jun 2021). The breakout above this range may give targets of Rs 1300 or Rs 1500 so holding it is a good idea.
매매 수동청산
Tech Mahindra isn't looking good to me, it should be sold at Rs 1200 levels. I have 3 reasons. One: Declining EPS since last 3 qtrs. i.e. 11.47, 7.10, 5.06 respectively. Two: Technology sector is overbought and I think it will take longer time than expected to recover. Three: My bearish instinct. Please take actions at your own risk and/or watch the stock prices for educational purposes.
노트
I expect anyone who is reading my writings to know that there is nothing "certain" in the markets. Neither the %gain on stock nor "out-performance" or "under-performance". There is a risk and opportunity cost involved in both, buying and selling. Selling at any price can often result in "opportunity loss" when the stock moves higher and higher. Human psychology is a culprit here. For e.g. I post any stock which seems undervalued or overvalued to me on tradingview. When anyone makes money on that, they wont appreciate me "a single word". But when they lose or it results in opportunity loss, they are bound to blame me. I don't criticize any person, because I know their psychology has defeated them. At last, there is nothing like "easy money" in the markets. The survival of the fittest holds absolutely true here.
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