Piyush-Gupta

M&M, How we earned 3% (Trade Analysis) - Learn & Earn

Long
NSE:M_M   MAHINDRA &MAHINDRA
M&M was given for long above 383.8 at 11:56AM today. Logic for trade was pennant or triangle formation and from previous behavior, it was high probable to give long breakout. Breakout did happen around 12:40 and from 383.8 it went till 403+
Book out was told at 403.
See below chart at lower TF to explain more details.

Also INFY was given for long which gave only 2 point and then reversed and exited with 2 point loss.
Price action is supreme and even in bearish market if you get pattern right, you can earn by long. Although priority is always to trade with trend.

Reach out for more details and learn price action.

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