Mahindra Lifespace - Volume expansion + Approaching resistance

Updated
Key Highlights:

1. Bullish market structure - HH, HL
2. Massive volume on the breakout
3. Currently at a major resistance zone
4. Close above 580 will trigger a massive up move
5. Target: 609, 649, 696. Stop Loss: 510

You are always advised to use an appropriate Risk-Reward ratio as per your strategy.

P.S: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.
Note
Target 1 hit ✅
Note
Target 2: Reached ✅✅
Note
Moving in Triangle:

snapshot
Chart PatternsTechnical IndicatorsmahindramahindralifesaceMAHLIFETrend Analysis

Rajat Kumar Singh,
B.Tech (Delhi Technological University)
Global Community Manager, TradingView

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