Tech Mahindra - Long Setup (Swing Trade)
Tech Mahindra has confirmed a breakout above the entry zone, setting up for a potential swing trade. Here’s the trade setup:
Entry Price: 1654.85 (Confirmed after the 15-minute candle broke above the entry zone at 1640.25)
Target: 1785.05
Stop Loss: 1567.85 (Stop loss will be triggered if a daily candle closes below this level)
With the entry price confirmed at 1654.85, the setup offers a favorable risk-to-reward ratio. The stock is targeting a move toward 1785.05, with a well-defined stop loss at 1567.85 for risk management.
Disclaimer: This post is for educational purposes only and is not financial advice. Always manage your risk and trade responsibly.
Entry Price: 1654.85 (Confirmed after the 15-minute candle broke above the entry zone at 1640.25)
Target: 1785.05
Stop Loss: 1567.85 (Stop loss will be triggered if a daily candle closes below this level)
With the entry price confirmed at 1654.85, the setup offers a favorable risk-to-reward ratio. The stock is targeting a move toward 1785.05, with a well-defined stop loss at 1567.85 for risk management.
Disclaimer: This post is for educational purposes only and is not financial advice. Always manage your risk and trade responsibly.
Trade active
Entry Order Filled at 1654.85
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.