PranamGhagare

MAHINDRA AND MAHINDRA - 60MIN - M&M positive after 566 levels

Long
NSE:M_M   MAHINDRA &MAHINDRA
Mahindra & Mahindra is in a descending channel at a double bottom structure at a weekly support zone. The RSI suggests a positive divergence.
Target 1 - 566.
Traders can maintain a stoploss of 540

Traders can look for further targets after 566 levels have been broken.

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.