Mahindra & Mahindra (M&M) on demand zone

M&M on daily time frame is at its demand zone and also showing pullback currently from this level. But as it is also following downtrend trend line, I will be bullish once it gives close above that line otherwise it may continue to follow that line. Also it is below 50EMA currently.
Chart PatternsDemand ZoneTechnical IndicatorsmahindraandmahindraTrend Analysis

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