M&M finance is trading at a critical level of 132, which is a confluence of 20 and 50 EMA. Also, it is trading at the lower end of rising channel, from which a bounce can be expected. Keep a strict stop loss between 125-127 for first target of 142, translating into a potential upside of 6%
Also, while the earlier breakout was with high volumes, the fall was made...
M&M finance is making a 10 point move almost daily, albeit within the price value area with a few tails and excesses being quickly brought back into the area.
The control price and the value is marked on the chart.
M&Mfin has ready to go upside and the awesome oscillator shows the strength in the upside and closing is 166.55.
Buy above 169 and stop loss is 164 and target is 175-180-185+. If close above 185 then come to 192-200 again.