M&M BUY AT 820. TARGET 861. SL 790. HOLD FOR 7 DAYS
# After showing a minor declines/sideways consolidation, the stock price has shifted into an upside bounce.
# Today’s upmove could be considered as an upside breakout of the narrow range movement/immediate resistance.
# The short term trend seems to have turned positive.
# We observe a formation of positive candlestick pattern as per intraday/daily/weekly timeframe chart.
# Volume has started to rise along with the upmove in the stock price.
# The intraday/daily RSI is showing positive indication.
# The overall bullish chart pattern of the stock price indicate long trading opportunity. One may look to buy as per the levels mentioned above.
# Today’s upmove could be considered as an upside breakout of the narrow range movement/immediate resistance.
# The short term trend seems to have turned positive.
# We observe a formation of positive candlestick pattern as per intraday/daily/weekly timeframe chart.
# Volume has started to rise along with the upmove in the stock price.
# The intraday/daily RSI is showing positive indication.
# The overall bullish chart pattern of the stock price indicate long trading opportunity. One may look to buy as per the levels mentioned above.