rucheeragarwal

M&M Finance: TRIANGLE Pattern

Long
NSE:M_MFIN   MAHINDRA &MAH FIN
Analysis:

1) A strong triangle pattern is in formation.
2) The support and resistance lines are converged and the pattern is on the verge of breakout as can be witnessed from the chart.

The stock might give a bullish breakout and in that scenario 153 can be the stop loss level with 190 as target level.

Disclaimer: These analysis are only for educational purposes only. Plan your trade wisely. You are responsible for your own actions.

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