MAHLIFE Bullish All Time High Breakout

MAHLIFE

Underlying : Mahindra Life

View : Bullish for Short term, Medium Term and Long Term

Finding : All Time High Breakout at 298.80 with volume

Observations:
1. Multiple time support zone 218 - 225 (1,2,3)
2. Resistance Tested 3 times and finally broke the Resistance with volume.
3. Nearest support : Refer Chart
4. Consolidation can be observed in chart with multiple time Resistance and finally both Resistance breakout with volume.

Recommendation: Immediate LONG, Buy on dips near support if opportunity arises

Kommentar:

All time high breakout and moving up BOOOOOOOOOOM