Mahindra and Mahindra

Spotted a very subtle trade idea.
M&M was in a downtrend for a while.
The trend has reversed and made clear higher highs and higher lows.
The stock has also taken support of the 20-period exponential moving average.
This looks like a promising trade for a risk to reward of 1:2.

Chart PatternsTechnical IndicatorsmahindramahindraandmahindramahindraandmahindraanalysisTrend Analysis

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