On hourly chart we can see a flag and pole pattern formation, post breakout, we can see 4800 levels soon. Hold tight.... Bulls will come into action soon.
M & M had shown a very promising rally from last few weeks. As per chart it seems that the bullish trend has come to an end and we could see a double top reversal pattern on charts. In short term we can see 1200 levels. one can take entry now with SL at 1282 for targets of 1200 in 3-4 trading sessions.