Breakout - Retest - Rally !! M&M Finance Future looks Good, Stock already broke trendline Resistance and Retested The Breakout Levels and heading up again. I am looking to Go Long on M&M Finance Future around 200 Levels for the Targets of 220+ and Stoploss of 189 (Time Horizon 1 Month)
M&M finance buy at 175 SL 165... Target 185 NSE:M_MFIN1!
RSI was above 70, ADX above 25
Today market down hence we get good entry, it should resume trend as soon as market gets normal.
#M&M FINANCE close 161.05 and traded our resistense zone,
today if it break 160.7 it will move our tgt 153.
posistional tgt 146
once break our resistense level, it will move higher level.
Mahindra Fin giving clear bullish divergence over MACD on all time frame. Buy MFIN 156-160 for 180/190. sl 155 on CB. Trend reversal with gap filling process now starting.