This is a public swing trade idea (other private ideas accessible through website) and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. We would comment on any further updates on our entry, targets and stop-loss on this idea, so make sure to follow if you want to get further updates. Our...
Kiss(Keep it simple and straight)
In the chart I have drawn simply horizontal line on previous lows and highs where share price touched Max candles
These Lines will be our TGTS (Entry and Exit Levels)
Guys you have to just wait for 15 min candle break out with if you want to hold for week
For intraday trader wait for 5 min candle breakout
It has broken the...
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this is movement is most power full because the time is to buy and collect the profit and again to market down and sell to buy profit to tech Mahindra.
The I.T sector move has been exhausted and now it seems to me that the scripts will be touching their retesting levels before gaining momentum again.
Right now it's time for the finance sector to boom.
The RSI is weak
MACD below signal Line
Volume profile shows targets can be further below.
Sell Below 1780 (Wait for a small retracement)
Targets mentioned in the...
Been consolidating in a very narrow range
broke down from recent imp support and faced rejecton
rsi weekening continuesly
can see some profit booking even in whole sector
can sell 1800 call at 54 with a sl of 50 target of 30-35
in cash short at cmp with sl at 1800 target of 1:2
Most largecap IT stocks have been showing strength. They are also among the stocks being most accumulated by domestic mutual funds.
Long above 1840 with SL below 1730. This is a short term momentum trade for a Fibo + ATH breakout.
Refer the chart for entry, sl and target. Breakout with a big green candle and high volume the break had already happened a two days back and stock hasn't moved I feel we can still enter otherwise chart is self explanatory. Trade with proper risk management. Thanks. Cheers.
Hello,
Recently tech mahindra gives flag breakout. It seems tech mahindra forming a double top pattern. If it breaks support of 1770 then we can go for short selling trade opportunity for target 1720.
TECHM on daily timeframe analysis for swing trade opportunity.
With proper stop loss and target momentum can be benefited.
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Analysis is shared here is only for educational purpose.
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A Minor Pullback can be expected till 20 EMA but as it has broken the RSI Convergence Line, and also RSI indicating the same and is above 60, I will recommend an entry with caution for the Minor Pullback. I will recommend keeping 1630 as the initial Stoploss, then move along till RSI is above its Yellow MA Line and if you are checking the minor pullback, just...
