nirav5

Bearish Butterfly on TechM

Short
NSE:TECHM   TECH MAHINDRA
89 views
6
Although I am bit late in publishing the post the first target of bearish butterfly has already been achieved near 489 (0.382) in techm .
Going ahead if TechM fails to regain and maintain at 490, then further targets can be 484 -> 478 on downside.
Comment: TechM achieved second target.
Trade closed: target reached: All targets achieved. One can continue the trade with the trailing stop loss.

Comments

Any view for dlf sir ,my friend short future @125
Reply
nirav5 bharathi1464
@bharathi1464, I think some resistance can come near 129- 130. Kindly suggest to short with strict SL as reversal is at distance.
Reply