Stock Analysis of Mahindra CIE

Price - 180.70 Dt. - 27-02-2021

The stock is moving in a range and given a breakout on 15th Feb. and on 16th Feb it continued the rally but profit booking forced the stick to close in red and since then it kept falling till the support line placed at ₹177. it looks like the stock is ready to move up again. RSI is neutral and stock is above 21DEMA. If open in green then it can go up to ₹200.


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