Boss, first of all i do not see or check any fundamentals at all. I purely trade on technical analysis.
Secondly, i am a long term investor and only buy good shares at the lowest price and till such time.. wait.. wait.. wait.. M_M is only list, but since it is on the top of the price level.. even though all is good, the price is too high to buy now ( for me only). I am waiting for the right price to buy at the lowest price levels.
From here, the price even if it goes UP is temporary as per my MTF wave analysis. And i am not buying now.. AND if it goes UP from here and keeps going up.. i will never buy at these levels.
The script has been UP for years and then for years it is gyrating between a range - which is a correction for the UP move.
One Option is : It can continue doing so more for another some years, correction has no time limit as well as no one can predict how long a particular correction can last.
Second Option is : Time has come for a down move, a good down move.. which will hit 650 levels and go up or hit 600 levels and go up or can go down to 5xx levels and go up..
I am getting ready for this second option.. once it completes that, i would buy for longer term.
Hope this helps.
FYI, my analysis is only on the basis of waves count and Fibonacci..