मजबूत तेजी के साथ आगे बढ़ रहा है M&MFIN, नतीजों के बाद खरीदारी का बेहतरीन मौका।

Technical Analysis (Daily Chart & Indicators)

M&M Financial Services (M&MFIN) is showing prominent bullish momentum on its daily chart. The stock is trading near 299, supported by strong price action above key moving averages (green/blue/black lines on chart; likely 20, 50, 200 DMA). Parabolic SAR dots below the candles, upward-sloping EMAs, and positive MACD histogram—indicate continued buying interest. RSI stands at 65–66, signaling healthy momentum but not in overbought territory yet. Immediate resistance is seen at 302–305; a breakout can fuel fresh upside toward 320. Support zones lie around 285 and then near the 275 area. Short term: Bullish as long as price sustains above 285; any dips toward 285–290 may be considered for accumulation. Long term: Structure remains robust above major moving averages (260–270 zone)—ideal to accumulate on strong pullbacks for a multi-year investment. News & Upcoming Events •Q2 FY26 results will be announced on October 28, 2025; focus will be on loan growth, asset quality (especially Stage-3 & Stage-2 NPAs), and commentary on rural demand trends. •Recent analyst day highlighted digital transformation and rural expansion—sentiment is positive with consensus price target nudging up to ₹290–295. •Business update: Stage-3 loans at ~4.0% and Stage-2 at ~5.8%; stable asset quality outlook for Q2. Liquidity position stays comfortable. •No negative surprises expected in results; a solid commentary could lead to price overshooting resistance. Short Term & Long Term Buy Levels •Short Term: Buy near 285–290 if market corrects; Target 305/320, SL 275. •Long Term: Accumulate around 270–285 for multi-year holding, provided India rural demand and NBFC sector stay resilient.