Tuesday, November 6, 2012

M&M: Loosing its strength, good opportunity to short.

Hi friends, take a look on M&M both in Weekly and Daily chart it has lost its strength after a long long time, be cautious with your long position; one can short M&M @ 908-920 range with a stop loss 929, as per daily chart it has a DZ 781-803, though there is a crowd seen around 820-842, as per risk - reward  ratio crowed also good.

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