General discussion about Mahindra & Mahindra Ltd.

26 Apr, 2018 15:21
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The stock price of M&M has been hitting 52 week highs. Decent monsoons supported by high sales in its tractor division are the catalysts. One can profit from this breakout and profit for short term gains from current levels. The undercurrent is strong. ( CMP- Rs.856.3) There is strong support at Rs.803-805 levels where fibonacci retracements and and 15 day SMA intersect.

 
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