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amar_gr

Mahindra and Mahindra Consolidating within a strong range

MAHINDRA &MAHINDRA (NSE:M_M)  
amar_gr  
NSE:M_M   MAHINDRA &MAHINDRA
Support and Resistance Fibonacci Multiple Time Frame Analysis
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supportandresistance fibonacci mtfa
Date: 25-May-21

M_M

Pro's:
  • -Consolidating within the top band
    -Likely to target 912-950 range soon, if continues to sustain above 800
    -Expect a range bound move within the range 695/730 to 870/950 for the next 8-12 weeks

Cons:

-F&O Stock, likely slow mover
-Sustaining Below 695, may most likely take it to 570-595 range
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