MAHINDRA AND MAHINDRA-START LOOKING FOR SELLING OPPORTUNITIES

MAHINDRA HAS BEEN FORMING A RISING WEDGE PATTERN WITH RESISTANCE AT 450 (A STRONG SUPPLY ZONE). A CLOSE BELOW 400 BELOW WILL OPEN THE TARGET OF 380/330.WILL BE LOOKING FOR OPPORTUNITIES TO SHORT AFTER THE CANDLE FORMATION ON A CLOSING BASIS NEAR UPPER END OR DOWN END OF THE WEDGE.