Focus on M&M
M&M was travelling in a uptrend channel and closed above the channel support line
Go long if opens and sustains above 1250 for the targets given.
On a contrary, if it break the channel support line, then plan for shorting opportunities.
Note: Nifty Auto broke minor trend support and closed on price engaging line.
Keep an eye on Auto sector behavior on monday before taking a trade.
Go long if opens and sustains above 1250 for the targets given.
On a contrary, if it break the channel support line, then plan for shorting opportunities.
Note: Nifty Auto broke minor trend support and closed on price engaging line.
Keep an eye on Auto sector behavior on monday before taking a trade.
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