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Tech Mahindra may test Rs 445-447: Mitessh Thakkar

Mitessh Thakkar of miteshthacker.com is of the view that Tech Mahindra may test Rs 445 to Rs 447.

March 27, 2017 / 15:55 IST

Mitessh Thakkar of miteshthacker.com told CNBC-TV18, "Tech Mahindra to me looks like a stock which is broken down below the 200-day moving average as well as the swing support of around Rs 472 to about Rs 470. I think that could be a stock which could see more pressure. I would look at target close to about Rs 445-447 to begin with."

Tech Mahindra closed at Rs 468.35, down Rs 5.95, or 1.25 percent. It has touched an intraday high of Rs 477.65 and an intraday low of Rs 463.70.

first published: Mar 27, 2017 03:45 pm

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