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Garey_Singh
Jul 13, 2020 5:33 PM

TECHM - UPWARD TRENDING CHANNEL 

TECH MAHINDRANSE

Description

#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.
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