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)

Kommentar:

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 ist aktiv:

Almost near to our target of 1040.
Will hit our target in this week.

Trade geschlossen: Ziel wurde erreicht:

Target achieved and closed the trade with some extra profits at 1070.
Gain of 11.45% in a 45 days.