srikartiram

M&M | Comfortably broke the Long time resistance

Long
NSE:M_M   MAHINDRA &MAHINDRA
CMP : 552
(Consider buying in dips till 525)
SL : 511
Target : 680

Long time Trendline resistance comfortably broken, and crossed above 38.20 FIB level. Next FIB resistance @ 707

Excellent 1:3 Positional opportunity.
Trade active: Day high = 608/- 10% Profit as of now :)
Trade active: Revise the stop loss to 575/- (Recent swing low) and wait for our target !
Trade closed: target reached