MAHINDRA & MAHINDRA LTD
Long
Updated

Mahindra & Mahindra - Bulls are in....

M_M has crafted a pennant/symmetric triangle pattern ( T1 & T2 ) that has given us a successful breakout by breaking T2 and getting itself ready for a big bullish move.
One may initiate a long position with a stop loss below 797.50
Like, Follow & Share for new updates.
Note
Due to huge selling by the operators and institutions, it was dragged down on 9 and 10 June. Now, it looks like bulls are again taking their charge.
Note
Trail the SL to 800
Trade closed: stop reached
SL got triggered

Disclaimer