Mahindra & Mahindra Financial Services Ltd – Technical View
Timeframe: Daily
The stock has shown a strong breakout from a long consolidation zone with good volume expansion, indicating fresh bullish momentum.
Price is above the 20-DMA and sustaining near the upper Bollinger Band, which confirms trend strength. The recent pullback was healthy and followed by continuation buying.
🔑 Key Levels
Immediate Support: ₹360 – ₹350
Major Support: ₹330
Immediate Resistance: ₹380
Upside Target Zone: ₹410 – ₹430
📈 Outlook
As long as the stock holds above ₹350, the structure remains bullish.
A decisive close above ₹380 can trigger the next leg of the rally towards ₹410+.
Weakness only if it slips below ₹330.
⚠️ Educational view only. Not a buy/sell recommendation.
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