Mahindra & Mahindra - Potential Bullish Scenario

The price broke out of the downtrend line with high volume and rallied to change the market structure. There may be a retest of the previous high, 780-790 region. Long positions can be opened on this retest.

The target which I am looking at:
Target 1: 835
Target 2: 877
Target 3: 929

You are always advised to use an appropriate Risk-Reward ratio as per your strategy.

If you like my charts, make sure to share and comment.

P.S: This is NOT investment advice. This chart is meant for learning purposes only and is a part of my personal journal. Invest your capital at your own risk.

הערה:

Target 1 reached. ✅✅