praveen.gupta

M & M Ltd Long @ Rs 750 or below

Long
praveen.gupta Updated   
NSE:M_M   MAHINDRA &MAHINDRA
M_M
Entry 750 or Below
Target 820 +
SL 729
Time: 3-4 Week
MM is moving around the demand zone for a long time , It has strong demand below 750 so the downside price is protected
. on the upside there is no strong supply or resistance , all are tested on so if movement comes it can easily break them.
820 looks easily achievable target then rally may continue and stock can move to the new all-time high price also.
Buy and hold for the 6-8 weeks.


Disclaimer: the author may enter in trade, take your own decision , This is a trading idea, not an trading or Investment advice


Trade closed: target reached:
Target Reached , taken more time than expectation
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.