M&M Finance SHORT , Descending Triangle

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The Short Setup is Very Clear here + on Friday there was a News Item: "RBI bars Mahindra Finance from using third-party recovery agents after Hazaribagh mishap" which is serving as the Catalyst for the Selling Pressure in this Stock. M&M Finance involved in Unethical Practices and hence the Stock Price is being Hammered.

A Classic Descending Triangle on the Hourly Time Frame
One can Short for

Targets:
T1= 185
T2= 182 - 180

with Stop Loss > 200

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أغلقت الصفقة: تم الوصول للهدف

One Good Trade