WaveTalks

M&M Finance - Did you come out of kitchen- Heated at 350 to 290

Short
WaveTalks Updated   
NSE:M_MFIN   MAHINDRA &MAH FIN
11
The fall looks impulsive & started falling from the top edge of the channel which was expected.

Previous Update - Can't stand the heat- come out of the fin kitchen

Trading Strategy
285-290 zone if holds next then it should bounce to 310-315 zone if achieved & we see resistance coming then we shall plan for sell on the bounce here as well.
Trade active:
10:10 Hrs 25th May2017

Lat Price@300

It started bouncing from yesterday's low of 290's
Trade active:
11:00 Hrs 16th May2017

Last Price@312

Day High@316 Bang on for the expected bounce -infact all done at 315 as stated above.

Trade closed: target reached:
12:09 Hrs 26th May2017

Last Price@310

Target achieved from 290's to 315 - done & out.

Best Regards,
Abhishek H. Singh
​Growth Director - TradingView India

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