On a monthly chart M&M seems to reached to previous congestion zone and it look like strong support on long term chart. The worst draw down seems to 10% from hereon but upside seems to be decent as MACD histogram is reversing. Seems to be good entry point for long term indicator.
Disclaimer: I am not SEBI registered analyst. This is not a buy or sell recommendation but it is for educational purpose only.
Disclaimer: I am not SEBI registered analyst. This is not a buy or sell recommendation but it is for educational purpose only.