A flag pattern in M&M, entry on swing low
Diupdate
Mahindra & Mahindra seems very bullish. Created a flag pattern on the 1H chart. Broke out from the flag and has slightly retested the support. Entered on the swing low where it touched the 20 EMA.
Strict exit on SL as there's no guarantee of an up move if the price reaches the SL area.
Strict exit on SL as there's no guarantee of an up move if the price reaches the SL area.
Komentar
The support at the swing low seems intact.Komentar
The support seems strong today also.Komentar
Taking longer than expected. But hopefully, the target might be achieved in 2 days time.Komentar
The initial set up did not work out. Holding on due to some positive cues.Komentar
Heavy Red candle formed today. Will consider squaring off in loss if going below 700 levels.Komentar
Have taken support at 700 levels beautifully. Can consider holding till target.
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