TECHM CHANNEL BREAKOUT 30M

TECHM has given a channel breakout today in 30M timeframe. After the breakout a retest in also visible. The stock is now moving upwards and one can initiate a long position for a target of 948 which is a resistance point for TECHM. SL will be the nearest swing low i.e. 920. Risk management is the key and no trade setup is 100% working. The SL comes in place when a setup fails. Happy Trading!