surya89trade
Short

M&M - A downhill drive: GST rate & Raw Material Key Drivers

BSE:M_M   MAHINDRA & MAHINDRA LTD.
Large Candle trendline break down followed by retracement ... Excellent entry for shorts for a target of 1240 levels. Fundamental factors like Government considering to increase the GST rates on Auto, Commodities like steel, Aluminium prices increasing might have a impact on auto company margins which may drive the stock prices lower
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