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MM Finance Broke its trendline and then took support
M&M FIN. SERVICES LTD
MM Finance Broke its trendline and then took support
By ritrade
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Updated
Mar 19, 2021
3
Cheer
Cheer
Mar 19, 2021
MM Finance Broke its trendline and then took support on its previous resitance.
Took it as a Swing Trade for the coming week
Date : 19th March 2021
Mar 19, 2021
Trade active
Such fall of stock back to previous resistance level, to take support is called "Pullback & Continuation"
Such pullback & continuation are one of the very good trades to take.
Mar 19, 2021
Comment
In 1hr time frame after moving above the support (prev resistance), the candle seems like a bullish hammer.
Chart Patterns
Trend Analysis
ritrade
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