TECHM - Breakout Candidate. Buy for 1040 in short term.
The stock is trading near its strong support area and has given a breakout on 1 hour time frame.
Best Buy at 960 with a stop loss of 930 (Daily Closing Basis) and target of atleast 1040 in short term.
Risk/Reward (1:2.7)
Best Buy at 960 with a stop loss of 930 (Daily Closing Basis) and target of atleast 1040 in short term.
Risk/Reward (1:2.7)
Note
The stock has given a breakout with higher volumes indicating strength in the stock.CMP 985 (+2.6%)
Wait for retest of trendline to enter again if missed the opportunity.
Trade active
Almost near to our target of 1040.Will hit our target in this week.
Trade closed: target reached
Target achieved and closed the trade with some extra profits at 1070.Gain of 11.45% in a 45 days.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.