M&M finance is nearing it's daily support.
I am planning to go long in near future. The risk-reward looks very good (1:3).
Entry price, SL and Target will be posted afterwards. The stock should be added in our watchlist.
Disclaimer: You're sole responsible for your actions taken in the markets. I've shared my analysis for informational and educational purposes only.
I am planning to go long in near future. The risk-reward looks very good (1:3).
Entry price, SL and Target will be posted afterwards. The stock should be added in our watchlist.
Disclaimer: You're sole responsible for your actions taken in the markets. I've shared my analysis for informational and educational purposes only.
Order cancelled:
As per my strategy, this trade is cancelled.
Comment:
I expect anyone who is reading my writings to know that there is nothing "certain" in the markets. Neither the %gain on stock nor "out-performance" or "under-performance". There is a risk and opportunity cost involved in both, buying and selling. Selling at any price can often result in "opportunity loss" when the stock moves higher and higher. Human psychology is a culprit here. For e.g. I post any stock which seems undervalued or overvalued to me on tradingview. When anyone makes money on that, they wont appreciate me "a single word". But when they lose or it results in opportunity loss, they are bound to blame me. I don't criticize any person, because I know their psychology has defeated them. At last, there is nothing like "easy money" in the markets. The survival of the fittest holds absolutely true here.
SL 151.25
Target 181.75