swing trade of M&M bullish Long

MAHINDRA &MAHINDRANSE

Description

⋅ May 18, 2021 7:43 PM

Reasons for pick up:

1. breakout channel with high volume
2. taken support from 200 EMA
3. break 50 EMA
4. auto sector bullish as nifty bullish
5. taken support previously tested levels

Target - 950

SL - below 725