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balaji_damo
Dec 16, 2017 5:02 PM

M&M - Short idea Short

MAHINDRA &MAHINDRANSE

Description

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.


Comment

Trade not yet active.... wait for a red candle....

Comment

This stock has gone for 1:1 bonus so trade accordingly....

Trade closed: stop reached

Will post a separate chart as there was a stock split...
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