Mahindra & Mahindra : Technical analysis

258
Mahindra & Mahindra : 2023
Simply pointing some point to study the Mahindra & Mahindra chart.

* M&M in a uptrend, you can see that when a uptrend stock go blow 50 EMA we eventually thing its going down but basically its taking a retracement or finding supports.
* In longer term it can give maximum amount of return in short term.


1. Simply in a uptrend zone.
2. Above 50 EMA.
3. bullish for long.
4. Risks & Rewards (2:1)
5. wait for retracement
6. wait & watch.





Conclusion:
My analysis shows potential strong bullish run.


I am not a sebi registered analyst. My studies are for education purposes only.

Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.