POSITIONAL LONG IN MAHINDRA FINANCE (M&M FIN/M_M FIN) FUT
SUMMARY:-
-stock is has tested its major demand zone of 150-160
-with a strong upmove today and expectation that financials will lead the rally
-one can expect m&m fin to outperform in coming days or weeks
-one can enter a positional long with june contract
-it is heavily oversold so expect short-covering in coming days
TRADE:-
M&M FIN JUNE FUT
BUY@160
STOP@150
TARGET-1@172
TARGET-2@184
TARGET-3@197
QTY=4000
-stock is has tested its major demand zone of 150-160
-with a strong upmove today and expectation that financials will lead the rally
-one can expect m&m fin to outperform in coming days or weeks
-one can enter a positional long with june contract
-it is heavily oversold so expect short-covering in coming days
TRADE:-
M&M FIN JUNE FUT
BUY@160
STOP@150
TARGET-1@172
TARGET-2@184
TARGET-3@197
QTY=4000
Trade active
FIRINGTrade active
165 TILL NOW ONE CAN MOVE STOP TO TRAILING AND HOLD RISK AVERSE TRADERS CONGRATS YOU JUST MADE 20K PROFITS
Note
Trade closed manually
THOSE WHO WERE HOLDING PATIENTLY CAN NOW LOOK FOR PROFIT BOOKING 169-170 WILL ACT AS HURDLE
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