TECHM : Will it move upward when all nifty going to down !!

General trend is bullish and it moves in a contracting channel. It tested the lower bound of the channel multiple times and bounced from it. Last candle bounced back with relatively good volume from the march 20th low confirming that buyers are still interested in 604 levels.

This trade will get invalidate once it breaks the lower bound of the channel.

Target : 650
SL : 602

Trade aktif