M&M 5 MIN CHART 


As I had mentioned in my previous article that M&M stock will be going to rally towards 537 because it has broken the channel on the hourly chart & also witnessed a double bottom pattern.

Therefore, In the today morning when I witnessed buying in the stock & trade came in my setup I initiated long @ 527 & booked profit @ 536 with the risk-reward of 1:3.

Please refer to my previous article for this stock rally that I knew will going to occur.

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