Mahindra & Mahindra Financial Services Ltd – Technical View
Timeframe: Daily
The stock has formed a Head & Shoulder structure within a broader consolidation zone. After a decline, price is showing recovery from the lower support area, supported by a falling wedge breakout, indicating short-term strength.
Currently trading near the right shoulder resistance zone, momentum remains mixed but improving as long as price holds above key supports.
🔑 Key Levels
Immediate Resistance: ₹385 – ₹395
Major Resistance / Target Zone: ₹425 – ₹445
Support Zone: ₹360 – ₹350
Invalidation: Below ₹345
📈 Outlook
Holding above ₹350 keeps the recovery bias intact.
A sustained breakout above ₹395 can open upside towards ₹425–₹445.
Failure below ₹345 may invite fresh weakness.
⚠️ Educational view only. Not a buy/sell recommendation.
— AALGO BREATHS 📉📊