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if stock break 200ema in weekly chart go long in m&m fin.
M&M Finance is currently at a make or break price, stock is resisting its previous long term uptrend line, and its trying to break the long term downtrend line.
M_MFIN is trading in //lel channel and we can see possible reversal from upper line. Incase if recover and cross the channe - strong upside is in store. If reversal continue - possible downtrend in next couple of sessions. Add to watch list -- follow market trend
I'm not an expert I'm just sharing my views on M_M FIN for next trading day I'm not responsible for any profit or loss this is not a recommendation
BEARISH crab price need to follow Green Trend line & hit target If price Breaks Red Trend line is where EXIT before SL hits POTENTIAL SELL
BEARISH Crab @1.902XA price need to follow Green Trend line & hit target If price Breaks Red Trend line is where EXIT before SL hits POTENTIAL SELL
his analysis is purely based on price action and Chart Patterns. Analysis done in live market. Kindly do your own study before trading. The analysis is on 15min TF hence target can be achieved in intraday trade. Trade strategy is explained in image itself. Don't run after the price. Always plan your trade & trade your plan Keep trailing SL accordingly once...
M_MFIN FLAG BREAKOUT IS IN GOOD POSITION FOR HOLDING IF IT BREAKS AND SUSTANE
Inverse Head & Shoulder pattern occurred in this chart. if it follows the pattern then it'll go up. Peace!
M_MFIN ( DAILY) ( STOCH >25 <75 ) Trend line breakout applicable on 3 dates till 8th Oct 2020 , each color coded : From 16th Sept 2020 ( GREEN) 31st Aug 2020 (PINK) 22nd July 2020 ( WHITE) Buy above high of 18th Sept high @ 139.5 Targets could be pivots of PINK and WHITE OR Target height of trend line for Rs. 28 rupee move OR Target 2*ATR...