Mahindra and mahindra would go on a bullish trend
rational: ascending channel, above 200sma
entry point above the trendline. stop loss at the support line. target at the resistance line created by the double top. Accuracy: 70%. hold period 3 to 6 months. back-test for false breakout
M_M
rational: ascending channel, above 200sma
entry point above the trendline. stop loss at the support line. target at the resistance line created by the double top. Accuracy: 70%. hold period 3 to 6 months. back-test for false breakout
M_M
Trade closed: target reached:
Target reached at 950