TradingView
TheChauhansView
Dec 13, 2018 6:56 AM

M_M : Sell as soon as this UP move is over.. Short

MAHINDRA &MAHINDRANSE

Description

As per my wave analysis, this UP move is short lived and as and when it will be over, we expect to the prices to go down to the levels as indicated in the chart.

Be ready to buy at this point..

Comment

Comment

As been forcasted, that prices will drop to the green box, and we should be ready to buy.. prices are almost near the green box now. Are you ready to buy long term for the UP move!!
Comments
praveen.bhatiya
Good Analysis Thanks
TheChauhansView
@Praveen.bhatiya, Thanks bro. U r good too buddy.
parvejahemad
Bro as per me it has resistance at 777 and from there it should come down, price weekness can also be seen in form of candle
TheChauhansView
@parvejahemad, Thanks buddy, I do not trade candle forms. Sorry. I trade as per my wave analysis only. So cannot comment on any S/R as i do not look at these parameters at all. I purely trade on my wave analysis, fibs and chart patterns.
parvejahemad
@richie.Chauhan, It makes sense, there are n number of indicators and one should use in which he is comfortable. I am happy to know you that you are focused in your zone and not confused by using various indicators. Best of luck!!
More