TECHM, Consolidation from Sell Zone !
TECHM moved Rs.18 on downside from the sell zone (Blue Divergence candle) before reversing.
It is presently trading in “sell on rise” zone till it breaks resistance at around 875 in daily chart.
Indicator used TE REKAB, it captures reversals in the market.
This is my personal study & idea. Please take advice from your financial advisor before taking any investing decision based on above chart.
Happy Investing !
PS: If you appreciate my study, pls leave a like. My funda is to keep trading simple & stick to your conviction, once you are on the right side of on intra-day trade !!
It is presently trading in “sell on rise” zone till it breaks resistance at around 875 in daily chart.
Indicator used TE REKAB, it captures reversals in the market.
This is my personal study & idea. Please take advice from your financial advisor before taking any investing decision based on above chart.
Happy Investing !
PS: If you appreciate my study, pls leave a like. My funda is to keep trading simple & stick to your conviction, once you are on the right side of on intra-day trade !!
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