M&M -Ripe for short term Delivery Buy - Upside TGT 4-5 %

13 Nis 2018

M&M breaks out of a pattern, shows a classical throwback. It inches up higher again and likely to confirm the breakout over coming days. RSI is seen breakout out of a formation. OBV forms a new high which is bullish. Bullish divergence on RSI is observed on both Daily and Weekly Charts.