Mahindra & Mahindra Ltd (M&M - NSE) As mentioned in previous updates, for 5th wave of impulse cycle, it is moving up. It completed 1st subwave and correcting down in 2nd subwave, which take little price down before going up in 3rd subwave up in 5th wave. The invalidation level for subwave is 495 level and target zone will be 595-600 level. Stay bullish in pull back and keey eye in 10 min time frame.
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