vanathi
Long

M_MFIN - Resistance broken!

NSE:M_MFIN   MAHINDRA &MAH FIN
228 views
17
M_MFIN has broken its long term resistance at the level of 306 - 309 with high volume indicating the strength of the stock. Buy above 318 with the stop loss of 315. Targets are 325, 330 and 336.
Trade active: 320 on 3/27/17
Comment: Targets 1 and 2 reached on 3/28/17
Trade closed: target reached: All targets reached with out hitting stoploss on 3/28/17
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Comments

Check in 4 H candle and put Fibonacci from low to high in day candle you will come to know its on pullback to 306 resistance line , from their it will rebound towards your proposed target
Cheers
Reply
vanathi shiv2798
@shiv2798, Sure will check it. Thank you.
Reply
Looks good. Has tested resistance 3 times. Now resistance looks week and stock has all chances of moving up
Reply
vanathi DINESH1961
@DINESH1961, Yes, Thank you for sharing your view.
Reply
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