M&M | Buy | Target Price: Rs 990 InidaSun Storm Investment Trading Desk & NexGen Wealth Management Service Present's: SSITD & NexGen Portfolio of the Week Series
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MOM trade ideas
Mahindra & MahindraOn a monthly chart M&M seems to reached to previous congestion zone and it look like strong support on long term chart. The worst draw down seems to 10% from hereon but upside seems to be decent as MACD histogram is reversing. Seems to be good entry point for long term indicator.
Disclaimer: I am not SEBI registered analyst. This is not a buy or sell recommendation but it is for educational purpose only.