MAHINDRA & MAHINDRA LTD
Long
Updated

M_M- Bullish Swing- Double bottom works??!!

746
snapshot M_M

12.09.2024
Buy-Above 2752
Target 01- 2847
Target 02-2968
Stop Loss-2679
Risk Reward- 1:3

1.Inside bar breakout
2.Price is under consolidation from past 3 months after uptrend
3.Strong rejection with healthy green candle at very strong key level
4.Very high good volume breakout and its above average volumes
5. Double bottom formation and under the formation of W Pattern.
6. Also found RSI double bottom at 35-40 levels
7. Auto sector has very good positive movement. Hoping to continue
8. Bullish flag formation in border view
Trade active
Trade active
Trade active
Almost at target
Trade closed: target reached
Target reached

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