Tuesday 5 March 2013

Technical view by Nooresh

Technical view by Nooresh


Mahindra and Mahindra – Breakout above 910-915 can see a quick jump

Posted: 05 Mar 2013 01:31 AM PST

MM thumb Mahindra and Mahindra – Breakout above 910 915 can see a quick jump

 

A few weeks back we had been shorting the stock consistently but the reversals after hitting targets is on good volumes and now the stock seems to be trying to breakout above 910-915 range.

 

Strategy should ideally be buy on breakout above 910-915 or at 895-908 with a stoploss of 875. Target price 960

 

ONLINE TECHNICAL ANALYSIS TRAINING on MARCH 16-17

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  3. Technical Analysis Training Session – Mumbai , Bangalore , Delhi and other cities.

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