Stock was forming consucutive rounding bottoms on chart followed by a big rounding bottom on weekly chart and also given breakout around 150 level after that stock easily achieved first target of 197 and ready for nex big move towards second target marked on charts..this is how price action works
Use trailing stop.
Once Target 1 is hit, new SL would be : 659.30
Use your own confluences before entering the trade.
Trade on your own risk.
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Price action on the Mahindra & Mahindra (M&M) chart has been similar for the last three days. High volume in the first hour of the day followed by cooling off for the rest of day as can be seen on the 15m chart attached.
This price action has led to a top wick on the daily candle with higher volume on each day. This is also supported by Bearish Divergence on...
