TECHM - 1D TF - Bearish BatBearish Bat pattern forming on Daily Chart of TECHM. SELL 804, SL 845.1, Target(s) - 766, 756.
TECHM trade ideas
techM long positon just for practice | please comment if u likeNSE:TECHM
techM long positon just for practice
TechM - Go long if breaks above IB (Intraday / BTST / Swing)Go long around 788
Targets based on fibo
SL of 778
(ENTRY STRICTLY after breaking above Inside Bar)
#TECHM CASH : SELL ON RISE AROUND 802-807#TECHM CASH -Positional
21.09.2020
Good sell only on rise around 802-807
Stoploss 821
Tgt 760-764
Cmp 789
TECHM is Making Broadening Symmetrical Triangle PatternTech Mahindra Limited : Information Technology Company ( NSE:TECHM ) is Making Broadening Symmetrical Triangle Pattern (PATTERN BREAKOUT TRADE).
This can become a very good trade for INTRADAY traders.
Target + StopLoss: There is no target here. You keep the first target as much as the StopLoss you put. And the StopLoss will be the Low/High of the candle that broke this pattern. Or Low/High swing backward inside the pattern.
And as soon as you get a profit of 0.50% of your target, you will trail your StopLoss and bring it to the entry point. And as soon as your first target is hit, you will release half of your total quantity and continue to trail your StopLoss above the last swing Low/High.
Target and StopLoss are never already fixed in the chart pattern.
Thank you.
You always have to trade only by money management, position sizing, StopLoss trailing. This is the way to stay in profit.
Chart Published By Ravinder Sharma
distribution after upward channelthis is a best example of upward channel after distribution. But at when lower channel touch.
25 points to targetPattern breakout happened friday, still we got 25 points for the target. Look for retracement and enter again.
TECHM on bullish mode with 3 comformationTECHM on bullish mode with 3 conformation
1 short trendline break out
2 candlestick above Bolinger band
3 RSI above 60
