MyKEYtoSENSEX

M & M Positional View !!

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MyKEYtoSENSEX 已更新   
NSE:M_M   MAHINDRA &MAHINDRA
M&M : cmp : 1072.5
A inverse H & S kind of pattern had been formed in daily chart and BO done
near 940-960 level. After that made a high of 1062 level and retraced upto BO level.
Now trading near the breakout zone of 1070-1080 . If it surpasses and sustains
above the level a buying movement could be possible in the near term.
Closed above prvious high.
RSI & MFI trending up.
Buy on dips.

Accumulation zone : 1000-1040
Profit booking zone may be : 1120 - 1200
SL According to your risk appetite.

Positionally can move 1260+


July Future / July 1100CE can be look after.

Disclaimer: Ideas for learning Only.
Learn Regularly. Not occasionally
交易开始:
1st level reached.
交易开始:
Almost final target level reached. From 1040 to 1200.Only positional target left.
评论:
Almost positional target reached.
交易结束:到达目标:
positional target achieved.

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