TradingView
Varthagam-Seivom
May 17, 2021 2:51 PM

Mahindra & Mahindra (Triangle Pattern or Cyclic Double Bottom) 

MAHINDRA &MAHINDRANSE

Description

Scenario 1: ( Triangle Pattern )

If M_M Price forms Descending Triangle pattern. Then is a Chance for Break out @ down side, If So

Then the Entry Price Should be730
1st Target is 681.25
2nd Target is 663
Stop loss is 742

Scenario 2: (Cyclic Double bottom )

If The price Breaks above 781

Then the entry price is 781 after retesting the Zone from 798.

Target is 823
Stop loss is 766
More