Thursday, June 19, 2014

Mahindra and Mahindra (M&M)supports the Trendline (Technical Analysis Mumbai Training.)

Today on 19th June 2014 our Technical Analysis  team has pulled a stock from Auto - Car & Jeep Sector– Mahindra and Mahindra (M&M). 

Here are some facts which we have gathered on M&M:-

1) Support the tested Trendline from 30th January 2014 to 19th June 2014.
2) Stochastic in Oversold Territory and moving upward direction.
3) Positive RSI: Here in the following image you can see that RSI in upward direction.
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