Buy Mahindra and Mahindra for Swing Trading

M_M

Reason for Buying -
1. 0.786 Fibo Support
2. Support trendline
3. Stock in continuous downtrend without any pullback

How to trade it? -

For Swing Traders - Buy at cmp keeping 658 as sl and keep trailing as stock reverses and moves up

For Positional traders - buy on smaller 1 hr timeframe keeping recent low or 700 as sl, then trial as stock moves in your favor