NeeteshJain
Long

Mahindra & Mahindra Flag Breakout

BSE:M_M   MAHINDRA & MAHINDRA LTD
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18
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It is been observed on the daily chart that the price action firstly forms a double bottom at 1140 levels and then went up and breaks above the previous resistance of 1215 levels. Then it consolidates in a downward channel or flag formation and now it has broken and closed above the channel/flag indicating further bullish move ahead.

Target: 1250

Stoploss: 1200
Jan 24
Trade active
Jan 25
Comment: Reaching to Target
Jan 26
Trade closed: target reached: Target reached successfully, now, it shall move further up. Regards
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