M&M

- Next Goliath in Asia?

The stock has given multifold return. Despite a bearish market it has been in a consolidation pattern which is similar to Flag, which is a trend continuation pattern Lastly, It is available at very strong support trendline drawn from 2020 Lows which coincides with Flag support line at 2800 - 2900. CMP is 2914 Given its upward thrust and momentum and confluence of support, upside projection when trend continues is at 4000+ in long term Keep this stock on your Radar.