tradewidmufeeth

M&M Breakout Trade

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NSE:M_M   MAHINDRA &MAHINDRA
The stock has broken out and retested the upper trendline and looks to undergo a rally. Trade is supported by brokerage calls, 200 EMA and Supports Nearby.
Risk Reward Ratio - 1.5:1
SL is placed below multiple support zones, 200 EMA, Lower Trendline. The target is placed based on fundamentals.

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