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manavtechresearch
Jan 18, 2021 3:18 AM

M&M FIN STOCK ON RADAR  Long

MAHINDRA &MAH FINNSE

Description

-stock is aour hot pick to track
-stock is looking to break above its bearish trendline on weekly chart
-close above 198 will give us confirmation
-but a weekly close above 200 will give us an additional confirmation
-its trading around its 200-ema on weekly chart
-can enter into multi-week bull run
-if condition fills in then buy around 200-203
-enter a stop below 185
-initial short-term target is 213-215
-positional swing target can be 232-245-261
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