Trade Setup – NSE NIFTY, TECHM & BIRLACORPN

NSE TECHM has broken down a key support level. The ATR of the price is increasing rapidly.

The price is moving towards the 50 EMA (Exponential Moving average).

Bear traders can benefit from the weakness of the security.

A successful breakout of the channel can lead to a reversal, and traders shouldn’t miss the opportunity of the setup.