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Small retracement on M&MFin

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NSE:M_MFIN   MAHINDRA &MAH FIN
M&MFin cash - Short
Entry : 206.40 (below 12pm's 15min candles low)
Stop loss : 208.40
Target : 204.40 & 202.40

The analysis is based on simple price action only. Entry point given are valid if the resistance / support breaks convincingly. For that learning candlesticks psychology is a must one.

Note : Don't jump in to the trade once market reach the entry level, most of the time will get better entry and that gives better reward. And always trial stop loss to take full target..

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