Breakouts and Breakdowns | Teamlease And Tech M | ET Now
4Teamlease was spotted as a breakout stock today, with its stock price surging past a channel resistance. Furthermore, it has experienced a strong bounce from its 20-day Simple Moving Average (SMA).
On the flip side, TechM seems to be on a breakdown path as it breaches its 20-day SMA support, suggesting a short buildup in the stock. Watch this video to know more.
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