Mahindra & Mahindra - Expecting long breakout Long

MAHINDRA &MAHINDRANSE

Description

⋅ Jul 6, 2020 9:49 AM

Note: This is for educational purpose only.

M&M might give a bullish breakout from the channel due to high volume pouring in. However, unless the channel is broken, we cannot say for sure if the breakout has happened. I waiting to see some consolidation near the resistance.

Comments

baluttp6

⋅ Jul 8, 2020 2:02 PM

target bro

kalyanganguly

⋅ Jul 8, 2020 5:15 PM

@baluttp6, The channel is not broken yet. So be cautious in taking any long positions now. I was expecting a bullish range breakout. :(