srikartiram

M_M | Stable stock, looks good for 35% upside?

Long
srikartiram Mis à jour   
NSE:M_M   MAHINDRA &MAHINDRA
Weekly Chart - Broke the previous solid resistance and stable upside now.

CMP : 590
SL : 550
Target : 800

Beautiful 1:5 risk reward setup. Looks good for accumulation, since it is weekly pattern it may take few weeks to month to reach the target.

I love F&O stable stocks like this which respects proper support & resistance , so that we can create some option strategies and maximize the profits additionally.

(P.S : Previously shared this stock few weeks ago but for some reason it is deleted so posting again)



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