tmfinsubs

MHRIL - Long - EW5 and Chart Patterns

Long
NSE:MHRIL   MAHINDRA HOLIDAYS
MHRIL has an interesting chart pattern

Bull Flag on 4h
Symmetrical Triangle on D
+ve Covid news will make it fly
-ve Covid new exit at 200

I would enter and exit at below price points

Swing Trade
Enter - CMP , SL - 200
1st Target - 218
2nd Target - 231.8
3rd Target - 242.5

If you want to play safe wait for the breakout and test of either Bull Flag or Symmetrical triangle

All travel and tourism stocks have similar chart and pattern
Trade closed: stop reached

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