M&M is coming off after a major upmove. The stock have given a PATTERN breakdown recently below 1220.
The structure is slowly turning BEARISH for medium term.
So if you are an Investor here; need to review your Holdings.
For short term 1200 is the final line of support.
Once breaks Targets of 1156 and 1100 is possible going forward.
The CYCLES are turning down here and ORBITS also are expanding lower. Watch out.
