After consolidating in a TRIANGULAR PATTERN M&M has shown a breakout on weekly time frame chart.
Once it starts making a higher high and higher low pattern on the daily time frame breaking 792 levels it can give a whooping 22% return.
Levels for trading:
Buy if it breaks 792 with a good volume on a daily time frame and sustains above it for the week.
S.L. - Closing below the triangular pattern.
AUTO SECTOR has completed the corrective pattern of a-b-c according to the elliot wave theory and can start the impulsive wave on the longer time frame.
If you like my work please do hit the like button and follow me for more such content ahead!!
Happy Trading
Once it starts making a higher high and higher low pattern on the daily time frame breaking 792 levels it can give a whooping 22% return.
Levels for trading:
Buy if it breaks 792 with a good volume on a daily time frame and sustains above it for the week.
S.L. - Closing below the triangular pattern.
AUTO SECTOR has completed the corrective pattern of a-b-c according to the elliot wave theory and can start the impulsive wave on the longer time frame.
If you like my work please do hit the like button and follow me for more such content ahead!!
Happy Trading