Hi All,
Pyramid a winning trade is a very good idea to buy a stock that you already hold, than buying any new stock.
The market gives a lot of oppurtunities to enter in such a scenario.
I have marked all the important price points which are pullbacks on daily charts which can be bought by all the traders.
Ideally one should keep SL below the horizontal support...
M&MFIN | Flag pattern for 18%
CMP : 208 (Dip 198-200)
SL : 190
Target : 245,270
We already holding big trade in weekly time frame, its another opportunity for us to average or pyramid :)