A flag pattern in M&M, entry on swing low

٢٥ نوفمبر ٢٠٢٠

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.

٢٦ نوفمبر ٢٠٢٠

تعليق

The support at the swing low seems intact.

١ ديسمبر ٢٠٢٠

تعليق

The support seems strong today also.

٨ ديسمبر ٢٠٢٠

تعليق

Taking longer than expected. But hopefully, the target might be achieved in 2 days time.

١٣ ديسمبر ٢٠٢٠

تعليق

The initial set up did not work out. Holding on due to some positive cues.

١٤ ديسمبر ٢٠٢٠

تعليق

Heavy Red candle formed today. Will consider squaring off in loss if going below 700 levels.

١٥ ديسمبر ٢٠٢٠

تعليق

Have taken support at 700 levels beautifully. Can consider holding till target.