Mahindra & Mahindra – Near strong support levels.- - Technical view by Nooresh

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RAJESH DESAI

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May 24, 2012, 11:56:26 PM5/24/12
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Technical view by Nooresh

http://www.nooreshtech.co.in

  1. Mahindra & Mahindra – Near strong support levels. - 2012-05-24 10:51:31-04

    MM thumb Mahindra & Mahindra – Near strong support levels.

     

    Mahindra & Mahindra :

     

    The stock has been finding strong supports around 620-640 levels almost for the last 1 year or more.

    Will it oblige and give a bounce – Seems probable. A price action above 660 with volumes one can take a trade with a stop of 640 and a target of 700.

     

    Happy Trading,

     

    Nooresh Merani

    Related posts:

    1. Larsen and Toubro , Mahindra & Mahindra Charts
    2. Few Large cap stocks – Reliance Inds, SBI and Infoys and Mahindra & Mahindra
    3. Nifty 4450-4550 and Sensex 14800-15200 are strong support zones. Buy on declines but slowly in quality stocks.



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CA. Rajesh Desai

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