stock was coming down after explosive green candle, so likely to come down from a type 1 daily supply .
It reacted first days for that origin of the supply zone. Next day while all nifty stocks were coming down, taken the double confiormatio0n entry at the gap down area 1141
CMP : 1138 and in profit...lets wait if the stock comes down more.
I will be squiring...
TechM is trying to break its Fib retracement level of 1,120 on a shorter time frame. Momentum is slowly becoming Negative. Profit booking expected. Sell if it breaks below 1,120.