MAHINDRA AND MAHINDRA View

M&M. MAHINDRA and MAHINDRA. Giving an early signs of coming out of consolidation. But would conform only above 822 on cash for the HARMONIC TARGETS of 860 901 and 940 in medium term. It recently gave a Squaring Pattern Breakout above 792. So would surely make an attempt to test 820 in coming days. Above 822 it shall resume its uptrend. Auto as a sector has been going through a tough phase in recent months. But if things seems improving then M&M would be the first one to rally on upside.

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