MAHINDRA & MAHINDRA LTD
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M&M... Ready for the Reversal .....??

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MAHINDRA & MAHINDRA LTD: CMP: 2585.10; RSI: 38.12
Mahindra and Mahindra stock is 21% down from its recent highs and in oversold zone. Script is below its all moving averages 10...200 days EMA. On daily chart Harmonic Shark pattern is visible . Current market price is, at its Potential Price Reversal Zone (PRZ), and price trend reversal can unfold in coming days. It can be rewarding bet for aggressive traders with risk to profit of 1:3.

Entry: 2510-2600;
Stop loss- 2425;
Targets:
  • Target -1- 2835 (Book 50% profit);
  • Target-2-2985



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註釋
Target-1 Met
Target -1- 2835 (Book 50% profit);
交易進行
Target-1 & 2 Met; Still upside left Taget-3 @ 3265

快照
交易結束:目標達成
快照
Closing the thread as Target nearly achieved and will come up with detailed new thread
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