TradingEdge_Academy

TECHM - UPWARD TRENDING CHANNEL

NSE:TECHM   TECH MAHINDRA
#TECHM

- HAD A STRONG BULLISH RUN TODAY.
- MOVING IN AN ASCENDING CHANNEL .
- BROKE 100EMA WITH VOLUME .

INDICATORS:
RSI IS BULLISH
CVD IS POSITIVE
BSM IS IN BUYING ZONE
TT2 TREND IS BULLISH AS WELL

COMMENTS:
1. BUY ABOVE 608.5
SL 562
TGTS 200EMA/ 400EMA/ 681

2. SELL ONCE LOWER CHANNEL IS BROKEN
SL 606
TGTS 541/ 526/ 500

KEEP AN EYE!!

NOTE - BREAKOUT HAS TO HAPPEN WITH MORE THAN AVERAGE VOLUME AND THE FOLLOWUP CANDLE MUST SHOW CONVICTION!!
***Always keep buffer with target and SL level
***in case of GAP opening, the given levels become invalid.
***this is my personal view. Please take advice from your financial advisor before investing.

-
Garey
Whatsapp - +91 9999 504 500
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