InsiderB
Long

Bullish Flag Pattern : Mahindra&Mahindra

NSE:M_M   MAHINDRA &MAHINDRA INR5
Hi Guys,
As you can see from above post, M_M             is forming bullish flag formation with very lengthy flag pole on bullish move, so once the breakout happens we can expect market to move up. Incase, the breakout didn't happen on upper side and M_M             moves downside continuously this trade is invalid bcos price may reach 1400             easily.
So take this trade only on bullish breakout after confirmation. as Nifty             is also in bullish momentum we can expect stocks also to get in direction of Nifty             and with these pattern formations we get more confidence in the trades we take.

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Happy Trading !
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