TECHM - Range Breakout!
Reasons to enter trade
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1. Price consolidating in a range for more than 3 months
2. Price sustaining above the range.
3. Price gets rejected from below the support line & immediately starts trading above the range again, indicating strength
4. A small trendline breakout given, triggering the entry
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Entry - 1694, SL - 1626, Tgt - 1827, RR - 1:2
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Disclaimer: This is NOT a trade recommendation, but my opinion. Please do your own analysis before entering any trade
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1. Price consolidating in a range for more than 3 months
2. Price sustaining above the range.
3. Price gets rejected from below the support line & immediately starts trading above the range again, indicating strength
4. A small trendline breakout given, triggering the entry
-----------
Entry - 1694, SL - 1626, Tgt - 1827, RR - 1:2
-----------
Disclaimer: This is NOT a trade recommendation, but my opinion. Please do your own analysis before entering any trade
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