2025-08-07 11:02:16 am | Source: Religare Broking Ltd
Stock of the day : Mahindra & Mahindra Ltd by Target Rs. 3425 - Religare Broking Ltd
Mahindra & Mahindra Ltd
Buy Mahindra & Mahindra Ltd CMP 3227.50 Range 3220-3230 SL 3120 Target 3425
* M&M is approaching its all-time high, upheld by a robust ascending trendline that signals continued short-term bullish momentum.
* The price action demonstrates a higher high and higher low pattern, confirming an uptrend, with key support from the 21- and 50-period EMAs.
* Weekly charts reveal an inverse head-and-shoulders pattern, currently approaching the neckline, suggesting a potential strong upside breakout.
* Investors may consider initiating long positions at recommended entry levels.
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