M&M Finance Breakout Fail Strategy

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Hey Viewers,

Another stock to watch out for in May 2nd Week is M&M Finance, which tried to break the key resistance trendline in last week but failed.

I will be looking to find a suitable short trade on it's 1 hour chart as show in below illustration once I see price action for shorting on 5 minutes chart.

I am expecting it to open below the trend line on Monday, if it doesn't I will skip this script. This stock can remain side ways too, so one can their trades accordingly.

Symbol: M_MFIN

Selling Range: 165 -166

StopLoss: 168

Target: First target 160 & Second target 150 - 153





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Hope you and your family stay safe in this pandemic situation. Take Care..



Disclaimer: The article posted on my blog are only for educational purpose and should not be taken as investment advice.Any trading done based on the ideas provided on this blog are at your own risk. The blog author is not responsible for your investment or trades.

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1 comments:

  1. Thanks Bro! You made my day, got enough money for this month. Please keep updating tips, I will be checking everyday

    ReplyDelete