Trend line support - Parallel channelPrice taking trend line support and trying to break the channel pattern. Price reached the channel resistance and it is looking strong. The best time for this buy trade is the trend line support, wait for it.
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TECHM trade ideas
[Buddha] TECHM Inside Bar TradeLong if it breaks the high of the previous day with a stop loss at the previous day's low.
Short if it breaks the low of the previous day with a stop loss at the previous day's high.
In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed in first 5 minutes and follow ORB strategy.
TECHM, Consolidation from Sell Zone !TECHM moved Rs.18 on downside from the sell zone (Blue Divergence candle) before reversing.
It is presently trading in “sell on rise” zone till it breaks resistance at around 875 in daily chart.
Indicator used TE REKAB, it captures reversals in the market.
This is my personal study & idea. Please take advice from your financial advisor before taking any investing decision based on above chart.
Happy Investing !
PS: If you appreciate my study, pls leave a like. My funda is to keep trading simple & stick to your conviction, once you are on the right side of on intra-day trade !!
TECHM, Selling divergence 15 min chartTECHM – Gave Rs 14 from the closing of selling divergence candle (live market).
Indicator used TE REKAB, it captures reversals in the market.
#TradingEdge Academy
The Indicator used shows Reversals forming in live market, it is a whole setup in its own and is very helpful for beginners. Contact : 8433624173 for more.
This is my personal study & idea. Please take advice from your financial advisor before taking any investing decision based on above chart.
Happy Investing !