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BharatJhunjhunwala

Levels of 560 – 545 may provide support to the stock and it move

Long
MAHINDRA &MAHINDRA (NSE:M_M)  
BharatJhunjhunwala  
NSE:M_M   MAHINDRA &MAHINDRA
Trend Analysis Technical Indicators Chart Patterns mahindraandmahindra bharatjhunjhunwala prorsi NIFTY budget options-strategy macdivergence
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trendanalysis indicator chartpattern mahindraandmahindra bharatjhunjhunwala prorsi nifty budget options-strategy macdivergence
The stock registered a breakout this week and have managed a close above the clouds. The RSI has moved into the bullish zones with MACD above zero. The stock has become a long candidate an pullbacks. Levels of 560 – 545 may provide support to the stock and it may move up to 580, 590 & 620 levels. If the stock fails to hold itself at 545 levels then it may further correct down to 535 & 510 levels.
Bharat Jhunjhunwala
MFTA,CMT,CFTe,MSTA
www.prorsi.com
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