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surya89trade

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

Short
MAHINDRA & MAHINDRA LTD. (BSE:M_M)  
surya89trade  
BSE:M_M   MAHINDRA & MAHINDRA LTD.
Trend Analysis Chart Patterns Beyond Technical Analysis
3
0
trendanalysis chartpattern beyondta
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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