Mahindra & Mahindra is likely to rise tomorrow from 695 that is today's closing. Stock has taken support from 674 and closed at 684 on 5 th February and it is very likely to cross the 1st resistance of 700 if it crosses 700 then stock will be bullish tomorrow. I hope stock will respect rounding bottom pattern and will not breakup in between. If there is a breakup and stock closes below 686 then it can act as strong indcation of trend reversal. You can buy Mahindra & Mahindra at 690 Target at 730 and Stoploss at 670
Commentaire:
This idea is for today 7th February