In case of M&M, all the dips gives you opportunity to BUY only. The stock has strong upward momentum, but there can be corrections which can come which is healthy.
For Intraday, it may not give much momentum for today. So if you are trading in this stock have positive bias and hold the stock.
Since the major trading range for the day is over in this stock, there could be consolidation for intraday and it would not be advisable to trade in intraday. If you are doing, then have strict stop loss and be ready to book loss if it reverses.
It is very important to have the RIGHT TIMING and DISCIPLINE when it comes to professional trading.
Follow the rules and you are sure to make money.
For Intraday, it may not give much momentum for today. So if you are trading in this stock have positive bias and hold the stock.
Since the major trading range for the day is over in this stock, there could be consolidation for intraday and it would not be advisable to trade in intraday. If you are doing, then have strict stop loss and be ready to book loss if it reverses.
It is very important to have the RIGHT TIMING and DISCIPLINE when it comes to professional trading.
Follow the rules and you are sure to make money.
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