Marketik

Mahlog looking promising - showing strength from lower levels

Long
Marketik Updated   
NSE:MAHLOG   MAHINDRA LOGISTICS
-currently 50 ema is major resistance which it already tested and sustaining just below

-bounce from lower levels, formed base already

-significant rise in volume shows strength

-after a bull run mahrashtra logistics retraced and sustained in lower levels for a long time and formed a strong base for upside momentum .

-from here it is looking good for another rally
Comment:
14% up after i gave analysis here

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