Tech mahindra read for markup after sufficient backing actionDisclaimer.. not an investing/trading recommendation
TECHM trade ideas
Techm ShortI hope you can now see how Techm represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
Thank You
Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these products are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
TECHMAHINDRA DISINVESTMENT / SELL VIEWTECH - MAHINDRA :
SELL VIEW 🗞
SELL IN FUTURES IN ZONE
803 TO 806 :
KEEPING SL AS 847:
POTENTIAL SHORT TERM TARGETS:: 791/780/765/
& AGGRESSIVE TARGETS:
739/702/685
STATUS ACTIVE :
TECHM - 1D TF - Bearish BatBearish Bat pattern forming on Daily Chart of TECHM. SELL 804, SL 845.1, Target(s) - 766, 756.
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.
