To be honest it requires a Lion's heart to go for stocks and add them to your kitty when market is in downtrend. However one stock which can provide rich rewards and can be added with a long term perspective. Have a look at the below chart of Tech Mahindra which is in a long term bullish upmove. The stock is showing support at 983 and 917 and in its upmove it can target upto 1120 levels and ultimate resistance exists at 1170 level means that stock can target 1500 level.
So, we recommend adding Tech Mahindra stock as depreciation of Indian Rupee is very good for its financial health as it gets its revenues in dollars. Add the stock with a stop loss as 920. You can check out our short term stock which are helping our subscribers earn stupendous returns as we target great returns with a short period of holding.
Disclaimer
Our clients are long in Tech Mahindra stock.
