In Uptrend on the weekly and daily chart
Price is respecting the trendline
When the price touched the bottom trendline Stochastic was at oversold and recently pierced up
Close: 916.25 | Pivot - 903 | R1 - 972 | R2 - 1013 | R3 - 1082
It seems, M&M bounce backed with healthy volumes and high % returns in a day trade once it goes down. Considering that now again it went down and at support level, can we expect an healthy bounce back again?