Chart Of The Day – Tech Mahindra retakes 50-DMA & 100-DMA post results

Tech Mahindra surges 8.6% after Q2 results beating street estimates. It reported PAT of Rs 1,064 crore, up 18.5% q/q. On sequential basis, its operating margin rose by 240bps to 15.3%. The stock retakes 50-DMA and 100-DMA on above-average volume.

Tech Mahindra_MarketSmithIndia