Mahindra & Mahindra - Potential Bullish ScenarioThe price broke out of the downtrend line with high volume and rallied to change the market structure. There may be a retest of the previous high, 780-790 region. Long positions can be opened on this retest.
The target which I am looking at:
Target 1: 835
Target 2: 877
Target 3: 929
You are always advised to use an appropriate Risk-Reward ratio as per your strategy.
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P.S: This is NOT investment advice. This chart is meant for learning purposes only and is a part of my personal journal. Invest your capital at your own risk.
