M_MFIN ( intraday levels )

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Mahindra & Mahindra Finance, this stock is showing weakness on daily and weekly chart, if it breaks down the level of 138.50, then possibly more bearishness could be seen on chart, one can go short if this level is broken or if any Shorting opportunity is seen on 5 minutes time frame, with Stoploss of 138.50 & above, for targets of 133.50 or upto 128.55. Sell only Below 138.50 in intraday and Buy only above 146.50 in intraday.

Support area

Macd in daily is negative

Macd in weekly is also Negative

Rsi in daily below 40 and down tick

Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult your Financial advisor before trading or investing