Mmfinance
Long on M&M finance,CMP 188.20, Multibaggerr 2X stock as per chrLong on M&M finance,CMP 188.20, Multibaggerr 2X stock as per chr
Targets are (sure 270),288,326.
M&M Financial Short Term BreakoutThe stock has broken out and took support at the previously upper trendline. Trade is supported by brokerage calls, and Supports Nearby.
The stock has previously broken out with good volumes and retested the upper trendline, the point of entry.
Risk Reward Ratio - 1:1.
SL is placed below multiple major support zones, and previously upper & lower Trendlines. Target is placed near the swing high based on fundamentals.
M&M FIN EW Wave analysis Wave 2 is 0.618 times of Wave 1,
Wave 3 was almost around 1.272 of Wave 1.
Wave 4 is 0.618 retracement of Wave 3.
Also ABC correction (Most likely Zigzag, I have not attempted to count it yet) is completed with C as 2.618 of AB.
Now we have a wave 5 play in progress.
Tgt would be 200 and 225.
M_M FINANCEI'm not an expert I'm just sharing my views on M_M FIN for next trading day
I'm not responsible for any profit or loss this is not a recommendation
