Mahindra & mahindra ....... Selling the area of confluence.
This stock is showing some kind of a reversal at the weekly resistance. and you can see a bearish divergence on the RSI . looking to sell the area of confluence of the down trend line & weekly resistance zone.
Sell below 492 for a target of 488 , 476 , 466 . stoploss @506
Sell below 492 for a target of 488 , 476 , 466 . stoploss @506