MNM spot cmp 825
Counter have given breakdown from symmetrical triangle formation.
Rsi is giving early indication of weak ness in counter,,
Counter is trading in range from long time..
Now in verge to breakdown,,,
Stiff resistance can be seen in range 528-537
view gets negated above 542 on hourly closing basis
Down side small support confluence around 794-790 levels
Below this levels 755-730-710 possible
Positional view..
Good short candidate...
Counter have given breakdown from symmetrical triangle formation.
Rsi is giving early indication of weak ness in counter,,
Counter is trading in range from long time..
Now in verge to breakdown,,,
Stiff resistance can be seen in range 528-537
view gets negated above 542 on hourly closing basis
Down side small support confluence around 794-790 levels
Below this levels 755-730-710 possible
Positional view..
Good short candidate...
Trade ativo:
mnm now at 791 from 825
35 points done in single day
5%
keep booking as per comfort
35 points done in single day
5%
keep booking as per comfort