Tech Mahindra - Long Setup (Swing Trade)
Updated
Tech Mahindra has confirmed a breakout above the entry zone, setting up for a potential swing trade. Here’s the trade setup:
Entry Price: 1654.85 (Confirmed after the 15-minute candle broke above the entry zone at 1640.25)
Target: 1785.05
Stop Loss: 1567.85 (Stop loss will be triggered if a daily candle closes below this level)
With the entry price confirmed at 1654.85, the setup offers a favorable risk-to-reward ratio. The stock is targeting a move toward 1785.05, with a well-defined stop loss at 1567.85 for risk management.
Disclaimer: This post is for educational purposes only and is not financial advice. Always manage your risk and trade responsibly.
Entry Price: 1654.85 (Confirmed after the 15-minute candle broke above the entry zone at 1640.25)
Target: 1785.05
Stop Loss: 1567.85 (Stop loss will be triggered if a daily candle closes below this level)
With the entry price confirmed at 1654.85, the setup offers a favorable risk-to-reward ratio. The stock is targeting a move toward 1785.05, with a well-defined stop loss at 1567.85 for risk management.
Disclaimer: This post is for educational purposes only and is not financial advice. Always manage your risk and trade responsibly.
Trade active
Entry Order Filled at 1654.85
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