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kacharts
May 27, 2017 4:40 PM

mahindra and mahindra Long

MAHINDRA &MAHINDRANSE

Description

short term trader can buy stock with sl of 1330 for 1380 cmp 1345

weekly outlook- buy stock with sl of 1300 for 1500+ target

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Trade active

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revise sl 1390 for target of 1460

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book profit , move sl or wait for lifetime high in few days..

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one can go long for 1500 target
Comments
ManishD
Can we buy 1340 call@41-42 for a target of 150 in June expiry.
kacharts
@ManishD, yes u can but ur target is 150 which i m not sure about whether it wil achieved or not
kacharts
@KumarAbhilash, ur call made high of 112
Gururajr
yes 1302 to 1305 is a very good area for acquiring M&M. Now that is taken away, the next target could be 1385 from a very short period of point of view..say for a day or two
naizycm
Beautiful explanation of chart.
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