portfoliomanagermohit

M&M - Trend Line Breakdown with Volume Support

Short
NSE:M_M   MAHINDRA &MAHINDRA
M&M has Broken a trend which it was taking support on since 2 months. The Break down is Volume supported. There are multiple support levels which are marked as Target, Ofcorse All targets may not be achieved, but On every target one may do their own analysis to decide whether to remain short for next target or Book Profits and Exit. Stop Loss is very Small giving a very favourable Risk Reward Ratio.
Trade closed: stop reached:
Fake Break Down
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