CLOSED

TECHM
Manually Closed

991 -0.81%
Close Price
(2021-03-26 10:22:00)
999.1
Entry Price
(2021-03-10 09:19:59)
1080
Target Price
 
959
Stoploss
 
Enter at below 995.25 | Created on 2021-03-10 03:40:01 and valid till 2021-05-18 18:30:00

Trade rationale

Trendlines

Timeframe 75 minutes. Scrip trading near ATH and has broken above trendline resistance as depicted in the chart. Additionally, RSI has broken above 60 simulteneously. Low of the BO day candle shall be SL (958) for the trade whereas Target price will be just near ATH (1080). This presents an opportunity with Risk:Reward as 1:2.