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Mahindra & Mahindra has been trading in a range since 4 months.
Now it has given a breakout with huge volumes.
Target: 742 2nd Target: 810
SL: Will update after tomorrow's price action.
Now it has given a breakout with huge volumes.
Target: 742 2nd Target: 810
SL: Will update after tomorrow's price action.
Comment:
SL: 692 (Today's low)
Trade active:
Made a low of 697.4 & our SL is safe. Expecting the stock to move further upwards on Monday.
Comments
@GareebGuy, Yes... If one has taken the trade, todays's low of 692 can be put as a stoploss.
If not, then one can enter after further pullback. Looking at today's long wick there'll definitely be a consolidation.
If one has capital to trade more than one futures lot, one can average till the yellow line.
If not, then one can enter after further pullback. Looking at today's long wick there'll definitely be a consolidation.
If one has capital to trade more than one futures lot, one can average till the yellow line.
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