M_M might move towards 900 levels
Mahindra and Mahindra saw remarkable moves in the last few weeks.
800 was the level, that the stock was resisting for many months, last month stock finally broke above and also managed to close above this level.
Currently, it is trading at 827 levels.
Now 800 level would act as good support, if any dips come, currently which looks unlikely, but yea, sustaining above 800, stock mostly be moving towards 860 - 900 - 950 levels in the coming weeks.
800 was the level, that the stock was resisting for many months, last month stock finally broke above and also managed to close above this level.
Currently, it is trading at 827 levels.
Now 800 level would act as good support, if any dips come, currently which looks unlikely, but yea, sustaining above 800, stock mostly be moving towards 860 - 900 - 950 levels in the coming weeks.
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