M&M - Intraday Inverted Cup and Handle.
Updated
Hello All,
I've been tracking M&M whole day today. M&M is forming a inverted Cup and Handle pattern as drawn in the chart. It has a very crucial support of 600 which it tried to break a lot of times but failed.
I think it will breakout downward tomorrow.
Can be shorted below 599 and target of 580 and 590 respectively.
I've been tracking M&M whole day today. M&M is forming a inverted Cup and Handle pattern as drawn in the chart. It has a very crucial support of 600 which it tried to break a lot of times but failed.
I think it will breakout downward tomorrow.
Can be shorted below 599 and target of 580 and 590 respectively.
Note
I guess this worked. Didn't give a great target but did breakdownTrade closed: target reached
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