Stock has been in a range for a while from August 2022 till now
Start of 2023 is gonna be a trending move for M&M.
Currently Either there is an accumulation or Distribution phase going on.
A close below 1215 will confirm that the stock was in Distribution phase and a sell off can be seen in this stock.
If Stock moves above 1330 , Fresh buying towards New life high will start again
Plan Accordingly
Start of 2023 is gonna be a trending move for M&M.
Currently Either there is an accumulation or Distribution phase going on.
A close below 1215 will confirm that the stock was in Distribution phase and a sell off can be seen in this stock.
If Stock moves above 1330 , Fresh buying towards New life high will start again
Plan Accordingly
Comment:
Going towards the upper range..