afzal_57

Quickie in M&M

Short
afzal_57 Updated   
NSE:M_M   MAHINDRA &MAHINDRA
With a short bias already established through higher TFs and holding positional short (refer earlier post: ), intraday 15 min too presented a good opportunity to enter short. A big green candle rejected pivot and immediate 15 min resistance followed by a red candle where we took entry. SL at immediate resistance of 582.5. A close below 50EMA would be interesting.
Trade closed: target reached:
Worked great. Intraday 15 min trade. Minted 30k (check it our: t.co/CDgCTIeORV ). RR 1:5. Charts and views shared live, not after the trade.

Chartered Accountant | Trader | Trainer
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