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PriceWorksIndeed

cup and handle like chart formed

Long
MAHINDRA &MAHINDRA (NSE:M_M)  
PriceWorksIndeed Aggiornato   
NSE:M_M   MAHINDRA &MAHINDRA
Cup And Handle Volume Bullish Patterns
23
2
cupandhandle volumestudies bullish
closing above 780 would make the breakout on daily chart.

SL: 750


Target: 860/900/975/ATH.


Reason: New Launches , Govt. PLI scheme .

Risk : Auto Industry facing Semi conductor Issue which may resolved by the mid of next year.

Commento:
Mahindra & Mahindra: The company is weighing options to raise funds for its Automobili Pininfarina unit as it seeks to bring a delayed $2.2 million electric hypercar into production, people with knowledge of the matter said.
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