Mahindra Lifespace - Volume expansion + Approaching resistance
Key Highlights:
1. Bullish market structure - HH, HL
2. Massive volume on the breakout
3. Currently at a major resistance zone
4. Close above 580 will trigger a massive up move
5. Target: 609, 649, 696. Stop Loss: 510
You are always advised to use an appropriate Risk-Reward ratio as per your strategy.
P.S: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.
1. Bullish market structure - HH, HL
2. Massive volume on the breakout
3. Currently at a major resistance zone
4. Close above 580 will trigger a massive up move
5. Target: 609, 649, 696. Stop Loss: 510
You are always advised to use an appropriate Risk-Reward ratio as per your strategy.
P.S: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.
Comment:
Target 1 hit ✅
Comment:
Target 2: Reached ✅✅
Comment:
Moving in Triangle:
Rajat Kumar Singh,
B.Tech (Delhi Technological University)
Community Manager (IN), TradingView
✅ Telegram: t.me/johntradingwick
✅ Blog: tradingwick.in/
✅ Rounding Top pattern: tradingwick.in/chart-patterns/rounding-top
B.Tech (Delhi Technological University)
Community Manager (IN), TradingView
✅ Telegram: t.me/johntradingwick
✅ Blog: tradingwick.in/
✅ Rounding Top pattern: tradingwick.in/chart-patterns/rounding-top
