DeepikaMehtaCFA

M&M Finance : Break the trendline..

Short
NSE:M_MFIN   MAHINDRA &MAH FIN
5 Step Analysis

1. M&M Finance on Daily TF wee can see the stock has broke the trendline with high volume
2. Short & Medium Term Momentum going weak
3. From last couple of days stock made Evening star Pattern which indicates further downtrend
4. Stock has made on Daily TF Rising wedge Bearish pattern formation which is bearish signal for stock
5. Coming week we can see the further downside in stock at 215 to 210 levels.

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