Jrkautilya9

Mahindra CIE nearing all time hgh

Long
NSE:MAHINDCIE   None
Mah CIE - 319
has made double bottom pattern.
has broken major resistance and now moving above it.
moving above 200 DMA.
RSI well placed above 60 no reversal sign for now.
MACD in bullish territory suggesting a buy call.
Fibo levels targets : 347, 460 in medium to long term.
hold the stock has capability of giving fantastic return, if we get dips itll be the fantastic opportunity as well.

Disclaimer: views are personal, please take your advisors advise before initiating.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.