PENNANT SWING TRADE !

19 ביולי 2021

Mahindra and Mahindra is clearly forming a pennant pattern after a downtrend move. Stock is in downtrend since FEB 10 , 2021 . Although there is high chance of breakdown from this pattern due to down trend but we may also look for breakout. Enter only after a clear breakout/breakdown for more edge.
This analysis was done by me only for educational purpose , feel free to share your views/feedbacks.