koolshanin

M&M swing trade to 1323 coming

Long
NSE:M_M   MAHINDRA &MAHINDRA
M&M after completing a Ending diagonal in the downward impulse made the thrust up. Expected Wave could could be A completion.

Entry: two part entry at 1283 and 1277
SL conservative: 1260
SL aggressive: 1271
Target: 1323 and if like part booking 1310 is a option
Expected hold period minimum: 5days.

Entry 1280 Average entry 1283 & 1277
SL 1260 Conservative SL
Target 1 1310
Target 2 1323
Reward min 30
Reward max 43
risk 20
ROR1min 1.5 At first part book level
ROR2max 2.2 At last target

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