Mahindra & Mahindra - Potential Bullish Scenario
Updated
The price broke out of the downtrend line with high volume and rallied to change the market structure. There may be a retest of the previous high, 780-790 region. Long positions can be opened on this retest.
The target which I am looking at:
Target 1: 835
Target 2: 877
Target 3: 929
You are always advised to use an appropriate Risk-Reward ratio as per your strategy.
If you like my charts, make sure to share and comment.
P.S: This is NOT investment advice. This chart is meant for learning purposes only and is a part of my personal journal. Invest your capital at your own risk.
The target which I am looking at:
Target 1: 835
Target 2: 877
Target 3: 929
You are always advised to use an appropriate Risk-Reward ratio as per your strategy.
If you like my charts, make sure to share and comment.
P.S: This is NOT investment advice. This chart is meant for learning purposes only and is a part of my personal journal. Invest your capital at your own risk.
Note
Target 1 reached. ✅✅
Rajat Kumar Singh,
B.Tech (Delhi Technological University)
Global Community Manager, TradingView
✅ Telegram: t.me/johntradingwick
✅ Blog: tradingwick.in/
✅ Amorella: amorella.in/
B.Tech (Delhi Technological University)
Global Community Manager, TradingView
✅ Telegram: t.me/johntradingwick
✅ Blog: tradingwick.in/
✅ Amorella: amorella.in/
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