TECHM LOOKS GOOD FOR TOMORROW ! WAIT FOR CLOSING/RETEST ABOVE SUPPORT/RESISTANCE. IF OPEN BIG GAP UP/DOWN THEN AVOID OR TRADE ACCORDING TO PRICE ACTION ! TRADE WITH PROPER RISK MANAGMENT ! FOLLOW FOR DAILY ANALYSIS !
Techm is looking good to buy for target of 1300
THIS VIEWS ARE ONLY FOR EDUCATIONAL PURPOSE , NEVER FOLLOW ANYONE BLINDLY , TRADE WISLEY ! HAPPY TRADING !
#ABAN NSE:ABAN CMP: 31.30 Target: 50++ Stop Loss: 26 Time Frame: less than 2 months. Might hold above 50. Factors: Rising Volume with rising Prices. Channel Median breakout. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher High & Higher Low. Broken above resistance. Trading at support. Fundamentals are...
TECHM High Volumes Poor Result Moving in Symmetrical Triangle RSI (14) taking Support at 40
understanding trends through support and resistance.
I will buy TECHM because : It has been taking support at the trend line . It has touched the support. So will be looking at buying opportunities. If it breaks the support look at shorting Entry : 941 Target : 1012/1078 Stop loss : 905
Note: 1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR. 2. Always remember SL is your lifeline, not the big target... 3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns... 3. Views given here is not a tip rather it is for educational purpose... Aftermarket...
Along with IT Index TechM created triangle petter.....IT Index already given breakout so TechM should also. Keep watch
Breakout is veiled and rising volume is supporting
Price is expected to reach 830 to 840 Level, because, 1. it formed negative divergence 2. its in channel top ** **Note: This View is Only for Educational Purpose and Not for BUY or SELL recommendatation. **
Analysis mentioned on chart