Somanathrout

m & m buy idea

Long
Somanathrout Updated   
NSE:M_M   MAHINDRA &MAHINDRA
mahindra looking promising for 790 and 805 , long build up seen in this counter, swift movement likely to continue this expiry
Comment:
782 is 128 dsma, giving resistance. For a clean buy , better to buy after a close above 782 in one hour chart with stoploss of 770 giving an equation of appx 1:1 ratio.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.