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UmeshKanna

Long M&M

Long
MAHINDRA &MAHINDRA (NSE:M_M)  
UmeshKanna Updated   
NSE:M_M   MAHINDRA &MAHINDRA
Trend Analysis Chart Patterns Trend Lines priceactionanalysis Ascending Triangle
2
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trendanalysis chartpattern trendline priceactionanalysis ascendingtriangle
As you can see gaining trend line support strongly.
So went long at cmp 611 with a stop of 605 with a target of 620+
RR 1:1
Risky trade but taking it because forming a ascending triangle pattern if breaks out on top can see good rally
View negates once the stop hits
Comment:
Day high is exactly 620 as said yesterday
Comment:
Can see a good rally if it breaks the top
Trade closed: target reached
Adam umesh
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