MAHINDRA & MAHINDRA : Break the Resistance Line

M&M Stock is going week on Daily TF. From last couple of weeks stock took the support at 1360 level which was break on Friday. Stock on last Monday made Spinning Top Candle with high volume which was a Bearish signal for stock, Again on Thursday Stock has made Shooting star Candle which is again Bearish Signal for stock and on Friday follow through the bearish candle and broken the 20day Moving Average also closed below the 20day MA.

Entry : CMP
Sl : 1370
Down Side Move : 1325, 1298