Technical Analysis of M&M Finance
Updated
From the daily chart of M&M FIN, we can confirm the uptrend and RSI confirmation to buy has been crossed.
Wait for the stock to cross the trend line, as shown in the photo, after crossing it, buy the stock with the target of next resistance line.
Keep an eye on it.
Wait for the stock to cross the trend line, as shown in the photo, after crossing it, buy the stock with the target of next resistance line.
Keep an eye on it.
Trade active
Please wait for the confirmation. As you can see from 1-hour chart, the price is not able to break the trend line. There is a tough competition between buyers and sellers. Once the trend line is broken, we would really get good profits.Trade closed: target reached
You can see in the chart, M&M Finance made a high of 178 from 170, 8 points on a single day.Now I think it can reach till 182 resistance level in few days, but that is on you if you want to wait. For me 8 points was enough and so I have closed the trade.
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