Today on 31 March 2014, we found a stock i.e Mahindra & Mahindra in our scan. Below are the reasons that why we are bullish on Mahindra & Mahindra.
Reason No.1:- It has confirmed a Doji and climbed above 30 days EMA(Exponential Moving Average)
Reason No.2:- RSI is bouncing back and stochastic are in the oversold territory which is an indication of a short term trade.
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