M&M Looks Bearish near resistance.
One can short positionally around 900 with a stop loss of 910 on closing basis of 4 hour candle.
Target of 840 for short term.
One can short positionally around 900 with a stop loss of 910 on closing basis of 4 hour candle.
Target of 840 for short term.
Note
First target 860. Second target 850. Third target 840.Note
Trail stoploss to 890Note
First target reachedNote
Trail stoploss to 857Note
Second Target reached 850. Better to square of positions. Waiting for 840 will be risky.
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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.