M&M: Analysis

Keep an eye on M&M it has given a suspected breakout from parallel channel and retracing back to original level. If this isn't a breakout hen their is a chance of upward momentum in upcoming days.
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Reason to Buy:
1) Possible breakout from parallel channel formed in daily time frame.
2) Holding higher levels.
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Safest entry point would be at 659.90 levels or above. Stop loss must be below the previous immediate swing. Calculate your RR ratio and trade accordingly.

Kommentera:

Fake breakout market sentiment is negetive

Kommentera:

Forming a parallel channel.

Kommentera:

Still Range-Bound.

Trade stängt: Stopp nått:

SL Hit Exited trade