darshanwagh007

M&M - Intraday Inverted Cup and Handle.

Short
NSE:M_M   MAHINDRA &MAHINDRA
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.
Comment: I guess this worked. Didn't give a great target but did breakdown
Trade closed: target reached

Comments

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