praveen.gupta

M & M Ltd Long @ Rs 750 or below

Long
praveen.gupta Updated   
NSE:M_M   MAHINDRA &MAHINDRA
NSE: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
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