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tradewidmufeeth
Aug 20, 2021 4:08 AM

M&M Breakout Trade Long

MAHINDRA &MAHINDRANSE

Description

The stock has broken out and retested the upper trendline and looks to undergo a rally. Trade is supported by brokerage calls, 200 EMA and Supports Nearby.
Risk Reward Ratio - 1.5:1
SL is placed below multiple support zones, 200 EMA, Lower Trendline. The target is placed based on fundamentals.
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