MAHINDRA CIE AUTO

NSE

MAHINDCIE

keep stops at 260 . tgt 300

Can move swiftly towards 281 with SL 250 The candle breaks into the new conductive zone CCI(M) > 100 EMA Aligned NimblrTA Score 21

strong buy

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Weekly TL breakout with good volumes. Retest of the breakout also done. With a SL of 250 weekly closing one can invest for target of 400 and above. A monthly close above 290 and fireworks should happen in the stock. A R:R of 1:4 also makes it a good bet.

Details Marked in Chart

Technicals looks good, trading above important moving averages with possible cup and handle BO, with upcoming Horizontal BO

MahindraCIE . Buy abv 313 only for safe trade/investment. CnH formation

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,...

Long term Investment call. Target would be 500+

based on chart pattern, it should ride up on Feb 28th

Cup and Handle formation. Also it tested its support line. Will continue its upward journey from hereon.