TECH Mahindra short setup (Bollinger bands strategy)

5 févr. 2018

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

T1: 613
T2: 600
T3: 590

SL: 638

5 févr. 2018

Note

as seen on hourly chart

5 févr. 2018

Transaction en cours

6 févr. 2018

Trade fermée: cible de profit atteinte

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

Jai Bollinger baba!

6 févr. 2018

Transaction en cours

Missed T2: 600 by just ₹1

6 févr. 2018

Note

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 févr. 2018

Transaction en cours

Maintain save profit at 627

6 févr. 2018

Transaction en cours

Typo:
Maintain save profit at 623

7 févr. 2018

Trade fermée: cible de profit atteinte

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7 févr. 2018

Note

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T2: 600 achieved

7 févr. 2018

Transaction en cours

Shift save profit to 618

9 févr. 2018

Trade fermée: cible de profit atteinte

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 févr. 2018

Note

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 :)