RK_Charts

M_MFIN ( intraday levels )

Corto
NSE:M_MFIN   MAHINDRA &MAH FIN
Mahindra & Mahindra Finance, this stock is showing weakness on daily and weekly chart, if it breaks down the level of 138.50, then possibly more bearishness could be seen on chart, one can go short if this level is broken or if any Shorting opportunity is seen on 5 minutes time frame, with Stoploss of 138.50 & above, for targets of 133.50 or upto 128.55. Sell only Below 138.50 in intraday and Buy only above 146.50 in intraday.
Support area
Macd in daily is negative
Macd in weekly is also Negative
Rsi in daily below 40 and down tick

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My studies are Educational purpose only
Please consult your Financial advisor before trading or investing

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Disclaimer.
I am not sebi registered analyst.
My studies are for educational purpose only.
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