M&M Financial Services Harmonics Level | M&M Financial Chart Analysis
Mahindra & Mahindra Financial
M&M financial Services Harmonics levels
In M&M financial services, the stock is in bearish sentimental value.
I have made some analysis on the daily chart of the stock with some indicators.
As per harmonics, the stocks can show a potential reversal from the marked levels(140 to 125).
A good buying opportunity can be considered in the underlying stock as it has corrected almost 36 percent in 3 months.
Fundamentally company is good, there is no red flag within the company.
Important levels-
Buying position in between 125 to 138
Stop-Loss – 110
Target – 170 & 190 respectively.
Risk Reward- 1:1.8
All levels are for Cash Markets only.
*Just for educational purposes, no recommendation.
I’m just sharing what I’ll do in this if the above levels are achieved in the underlying.
Article By- Mr. Soumitra Saboo
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