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robin-bull
Aug 7, 2023 1:12 PM

M&M financials consolidation complete  Long

MAHINDRA &MAH FINNSE

Description

After long consolidation, breakout with volume was established and previous highs of 2018 nearly 320-25 were broken. After that price has been consolidating to current levels of 280-295. The price is taking continuous support on important moving averages and making it a suggested buy at levels around 270-80-90 if it test these levels for a upside of 320, 345, ,365, 400 in 9-12months. A rounding saucer has been emerged which inherently supports the continuity of strong directional uptrend.
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