Mahendra and Mahendra Finance Long

Long Updated   
Hi Traders,
As expected in previous idea ("Mahendra and Mahendra Finance"), Stock is preparing to go up. Once it break resistance line (138.50), there is a possibility of temporary retracement to suggested resistance line (138.50). If so, you can open new orders based on price action.

Stock Analysis
* Stock is in a range and developing higher high and lower low pattern between this range with support of trend line .
* It is trying to close above resistance line (138.50).
* Once it break resistance line (138.50), uptrend will be started.

Buy Level
131.80(Given in previous idea)

Target Level
TP1= 148.70
TP2= 153.10
TP3= 160.20
TP4= 171.70

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