Warning-
as we can see that Tech Mahindra is showing strong momentum buildup after recent results, supported by improving deal wins and operational performance. The company reported ~16% YoY profit growth along with strong deal pipeline, which is improving overall sentiment in the IT sector
On the technical front, RSI is currently in the 60–70 range, indicating a strong bullish zone, and in some readings even approaching overbought levels—this typically reflects momentum strength rather than immediate reversal . Such RSI behavior in trending stocks usually supports continuation.
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