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surtijay19
Dec 17, 2023 3:29 PM

M&M Fin - Ready for an up-move Long

MAHINDRA &MAH FINNSE

Description

M&M is showing indications of breakout on Daily charts. A moving average crossover is seen on daily charts, with 20 DEMA crossing above 200 DEMA showing indications of potential up-move in short run. Further, MACD has crossed the zero line showing strength for the up-move. One can enter the trade at 286 with a Stop Loss of 270. Target for short run will be 300 and closing above 300 could lead a short rally to 320-330

Trade closed: stop reached

Book Loss. SL Hit
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