M&M has been moving in 30 day cycle inside the channel as shown
upmove roughly 19 days to the top of the channel, down move 11 days to the bottom of the channel
high of 1195 couldnt be crossed again and sold off even Nifty was strong
as per study 1195(SL) channel top and 1080 (target)channel bottom
looks the fall already begun today
1080 should be achieved by august 1st week
note: this is a study for reference. not a recommendation, please do your due diligence
upmove roughly 19 days to the top of the channel, down move 11 days to the bottom of the channel
high of 1195 couldnt be crossed again and sold off even Nifty was strong
as per study 1195(SL) channel top and 1080 (target)channel bottom
looks the fall already begun today
1080 should be achieved by august 1st week
note: this is a study for reference. not a recommendation, please do your due diligence
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면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.