SML Mahindra Limited
Long

SMLMAH TRADE | SWING SETUP

203
Trade Type: Swing Trade
Time Frame: Short–Medium Term
Bias: Bullish
Trend: Uptrend continuation

KPI Strength Factors ✅

🔹 Price above key EMAs (20/50/100) → bullish structure intact

🔹 Higher high–higher low formation → trend continuation

🔹 Strong bullish candle with good close → buyer control

🔹 Volume expansion on upside → confirmation of strength

🔹 Holding above breakout / demand zone → no distribution signs

Swing Trade Plan:

Buy Zone: Near current levels / minor pullbacks

Targets:

🎯 T1: Previous swing high

🎯 T2: Next resistance zone (positional extension)

Stop Loss: Below recent swing low / demand zone

Swing View:
As long as price holds above the breakout base, SMLMAH is likely to continue its upward move with higher targets in the coming sessions.

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