STOCK IS CURRENTLY TRADING IN A STRONG CHANNEL AND IS CURRENTLY AT THE HIGHER END OF THE CHANNEL SOME CORRECTION IS EXPECTED AT CURRENT LEVELS RSI AT 54 WITH A SHARP DOWN TRIGGER MACD AT SAME LEVELS NEGATIVE CROSSOVEREXPECTED BY THE END OF THE DAY IT SECTOR IS CURRENTLY OVERBOUGHT MIGHT CORRECT EVEN MORE IN THE COMING WEEK CAUSE OF DOLLAR GETTING WEAKER AGAINST RUPEE ACTION: GO SHORT @485 TGT-473.50 STOP-495.80
Comment
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TECHM MOVONG AS EXPECTED HOLD OUR POSITION TILL 473
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AS MENTIONED BEFORE TECHM IS REWARDING THOSE WHOSE ARE TRADING THE CHANNEL BOUNDS HOLD ON TO THE STOCK OR ONE CAN LOOK TO BOOK PART PROFITS KNOW OUR STOP IS ENTRY PRICE