TECH Mahindra short setup (Bollinger bands strategy)

5. Feb. 2018

Based on Bollinger bands strategy we can go short at CMP (627)

T1: 613
T2: 600
T3: 590

SL: 638

5. Feb. 2018

Anmerkung

as seen on hourly chart

5. Feb. 2018

Trade ist aktiv

6. Feb. 2018

Trade geschlossen: Ziel wurde erreicht

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T1: 613 achieved! TechM going to open at 601 just ₹1 above our T2: 600!

Jai Bollinger baba!

6. Feb. 2018

Trade ist aktiv

Missed T2: 600 by just ₹1

6. Feb. 2018

Anmerkung

Friends who want to learn this technique can watch this video by Mr John Bollinger himself!

youtube.com/watch?time_continue=1&v=jrCqYUS_YGg

6. Feb. 2018

Trade ist aktiv

Maintain save profit at 627

6. Feb. 2018

Trade ist aktiv

Typo:
Maintain save profit at 623

7. Feb. 2018

Trade geschlossen: Ziel wurde erreicht

.

7. Feb. 2018

Anmerkung

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T2: 600 achieved

7. Feb. 2018

Trade ist aktiv

Shift save profit to 618

9. Feb. 2018

Trade geschlossen: Ziel wurde erreicht

After booking partial profits at T1: 613, T2: 600 and exiting completely at save profit of 618, TechM hit our final target of T3: 590 toay

All targets done!

9. Feb. 2018

Anmerkung

Will come up with another Bollinger Bands special trade soon for high reward with tiny risk!
Hope you all had fun riding KPIT and TechM short ride :)