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Umang_Sharma
21. Sept. 2020 07:14

M&M: Analysis Long

MAHINDRA &MAHINDRANSE

Beschreibung

Keep an eye on M&M it has given a suspected breakout from parallel channel and retracing back to original level. If this isn't a breakout hen their is a chance of upward momentum in upcoming days.
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Reason to Buy:
1) Possible breakout from parallel channel formed in daily time frame.
2) Holding higher levels.
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Safest entry point would be at 659.90 levels or above. Stop loss must be below the previous immediate swing. Calculate your RR ratio and trade accordingly.

Kommentar

Fake breakout market sentiment is negetive

Kommentar

Forming a parallel channel.

Kommentar

Still Range-Bound.

Trade geschlossen: Stop wurde erreicht

SL Hit Exited trade
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