balaji_damo
Short

M&M - Short idea

NSE:M_M   MAHINDRA &MAHINDRA
This stock has made 52w high expecting some profit booking and retracement.

Keep strict stop loss as this is giving breakout from inverted HNS pattern.

Wait for a red candle to enter.

Go short at or below 1475 with SL at 1511 for T1 - 1457 T2- 1434 T3 - 1420.


Dec 18
Comment: Trade not yet active.... wait for a red candle....
Dec 21
Comment: This stock has gone for 1:1 bonus so trade accordingly....
Dec 29
Trade closed: stop reached: Will post a separate chart as there was a stock split...
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