MTECHTIPS:- M&M:- M&M is in HOLD LONG position Share has crossed the high but the trend was not strong and sellers was at high so for short term better buy above 1356.1 with stop at 1299.0 The M&M is now trading is approaching overbought level. The oscillator is showing SELL signal.The short term buy signal is supported by 50 % indicators.
Intraday trend-Buy is advised only above 1356.1 with a stop at 1327.8 Below 1320.2 go for sell and put stop at 1348.5 The intraday signal is BUY and it is supported by 78 % indicators.