This is Just for study purpose. M&M seems to be forming a Symmetrical triangle(Pattern - WEAK, Confident - LOW). Based on breakout, it can be a LONG position or SHORT position.
Comment:
It seems to be a breakout. I missed to follow. ENTRY could have been at 820.90. 791.30 is a good SHORT to book 3% profit. Expecting target to hit at 760. Lets observe.
Comment:
SHORT POTENTIAL almost reached. This trade is closed now.