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M&M

Discussion in 'Technical Analysis' started by sujan4bw, Aug 9, 2012.

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  1. sujan4bw

    sujan4bw Member

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    Hi All,

    M&M can be considered for short term 2 - 3 days.

    Break out of previous high today. M&M posted good results this time too.

    Regards
    Sujan
     
  2. shabbir

    shabbir Administrator Staff Member

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    On the results day you should be avoiding it. I have explained that why in my ebook
     
  3. sujan4bw

    sujan4bw Member

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    Thanks Shabbir for notifying. Will wait and see.
     
  4. sujan4bw

    sujan4bw Member

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    M&M rocking today. We can see W pattern, please find attached screen shot.

    It is trading at 762 now.
     

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  5. sujan4bw

    sujan4bw Member

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    Another Breakout pattern formed in M&M today.
     

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  6. aveerareddy9

    aveerareddy9 New Member

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    suggest us any call option for M&M
     
  7. smuthukri

    smuthukri Active Member

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    Looks like market in profit booking and friday mood .
     
  8. sujan4bw

    sujan4bw Member

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    Wait and watch Monday's sentiment ....accordingly u can take posiiton.
     
  9. sujan4bw

    sujan4bw Member

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    Shabbir, What's your view on M&M . Today breakout with high volume.
     
  10. shabbir

    shabbir Administrator Staff Member

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    880 is good level but SL is 820 and that is slightly lower for me. Still a good breakout I would say.
     
  11. sujan4bw

    sujan4bw Member

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    M&M is Rocking today.