Buy Mahindra CIE for long term. The stock is buy on dips.s can be seen the price is trading above the Cloud decisively and is in line with the broader markets movement of Nifty. The issue can be added near kijun level. One concern is the flat Cloud B line which means stock is flat movement. therefore advisable to add small portions on dips and once conclusively trading above 260 with upward move of Cloud A and B line, the issue is ready to reach new highs.
Happy Trading /Investing
Shamoil
