TECH Mahindra short setup (Bollinger bands strategy)

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

T1: 613
T2: 600
T3: 590

SL: 638

Kommentar:

as seen on hourly chart

Trade ist aktiv

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!

Trade ist aktiv:

Missed T2: 600 by just ₹1

Kommentar:

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

www.youtube.com/watch?time_conti...

Trade ist aktiv:

Maintain save profit at 627

Trade ist aktiv:

Typo:
Maintain save profit at 623

Trade geschlossen: Ziel wurde erreicht:

.

Kommentar:

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T2: 600 achieved

Trade ist aktiv:

Shift save profit to 618

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!

Kommentar:

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 :)