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Jha_Nidhi

M_M Bearish Divergence!!!

Short
MAHINDRA &MAHINDRA (NSE:M_M)  
Jha_Nidhi Updated   
NSE:M_M   MAHINDRA &MAHINDRA
Trend Analysis Chart Patterns Technical Indicators M_M mahindraandmahindra rsibearishdivergence momentumstrategy techincalanalysis technicalindicators
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5
trendanalysis chartpattern indicator m_m mahindraandmahindra rsibearishdivergence momentumstrategy techincalanalysis technicalindicators
The Price perfectly respecting the ascending parallel channel. Monthly chart showing 4 bar RSI Bearish Divergence as well as weekly chart also showing bearish divergence between price & its RSI momentum. Good opportunity to sell here as price also trading near all time high price.My target will be 1328---1267 & 1228 in coming day's.
Comment:
M_M:- 1372 TO 1325++ New Low
1st TGT Achieved
Comment:
M_M :- Made New Low Of.. 1311.15 ++📉✅
1372 To 1311.15 (+60.85 Points Done)✅🎯
Comment:
M_M :- Made New Low Of.. 1283.35 ++📉✅
1372 To 1311.15 (+88.65 Points Done)✅🎯
Comment:
M_M :- Made New Low Of.. 1248.40++📉✅
1372 To 1248.40 (+123.6 Points Done)✅🎯
Trade closed: target reached:
M_M :- Made New Low Of.. 1226 ++📉✅
1372 To 1226(+146 Points Done)✅🎯
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