Chart -> Mahindra and Mahindra Finance Weekly
As we can see in the chart, whenever stock tried for an up move, it got rejected 6 times from the same resistance line in the last 4 years.
Now it has given a close above that trendline with a bullish marubozu candle, indicating completion of the bearishness.
One can accumulate in the medium to long term.
CMP: 197
A good range to add: 180 to 195
Targets: 220, 245, 268, 290
SL: 165 on weekly closing
Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking any action.
As we can see in the chart, whenever stock tried for an up move, it got rejected 6 times from the same resistance line in the last 4 years.
Now it has given a close above that trendline with a bullish marubozu candle, indicating completion of the bearishness.
One can accumulate in the medium to long term.
CMP: 197
A good range to add: 180 to 195
Targets: 220, 245, 268, 290
SL: 165 on weekly closing
Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking any action.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.