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dhinesh

Study 2: Symmetrical Triangle - M&M

MAHINDRA &MAHINDRA (NSE:M_M)  
dhinesh Diupdate   
NSE:M_M   MAHINDRA &MAHINDRA
Chart Patterns
2
0
chartpattern
This is Just for study purpose. M&M seems to be forming a Symmetrical triangle(Pattern - WEAK, Confident - LOW). Based on breakout, it can be a LONG position or SHORT position.
Komentar:
It seems to be a breakout. I missed to follow. ENTRY could have been at 820.90. 791.30 is a good SHORT to book 3% profit. Expecting target to hit at 760. Lets observe.
Komentar:
SHORT POTENTIAL almost reached. This trade is closed now.
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