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stocksinboxx
Jun 17, 2020 10:29 AM

Mahindra & mahindra ....... Selling the area of confluence. Short

MAHINDRA &MAHINDRANSE

Description

This stock is showing some kind of a reversal at the weekly resistance. and you can see a bearish divergence on the RSI . looking to sell the area of confluence of the down trend line & weekly resistance zone.
Sell below 492 for a target of 488 , 476 , 466 . stoploss @506
Comments
praveen.gupta
my analysis using different approach also give same conclusion
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