Buy At 564 Stoploss 555 Target 590 Reasons for Trade- 1.Price near to Important weekly support of 560 2.Price formed bullish candlestick pattern on daily chart 3.Price closed above important support 4.Risk Reward is 1:5
@NileshChavan, I have 200 Qty with price of 550 Should i wait longer or exit with loss ??
NileshChavan
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@Smeet_Raval, Mahindra is fundmentally strong company...you can hold it....recession in auto sector is bringing price downside. If you can keep holding for 1 or 2 year you will get price again 700 zones.
NileshChavan
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@Smeet_Raval, Next Support is 485....Can average near to this levels