M_M is showcasing significant potential for a strong upward movement. Here’s why:
1. Fundamental Strength • The company fundamentals are robust, with consistent performance and promising future growth prospects. 2. Technical Setup • The stock has broken out of a long-term trendline, signaling a change in market sentiment. • A successful retest of the breakout zone further confirms the validity of this move.
• Enter the trade within the range of ₹3010-3020 for an optimal risk-reward setup.
Disclaimer This analysis is for educational purposes only. Conduct your own research or consult with a financial advisor before making any trading decisions.