Wednesday, May 16, 2012

MAH&MAH(M&M)-A MultiBagger,Buy/Sell/Hold,Growth Pospects and Recomendation,News and Results,Target Price and Analysis,Views and Outlook,Hot Stocks/Picks


M&M Closes  at  `656.45   with a Gain  Of  +0.20% on 16 May 2012 with formation of  a Long White Candle on Daily  Price Chart .Technically, M&M is looking Good  on Charts. Major Momentum Indicators are also Bullish. W%R & zero Lagging MACD are moving Upward.
We Recommend to BUY:  M&M  at CMP
Target : `681.30/735.00
Stop: Loss :`626.85
Time Frame: 5-20 Trading Days
Editor’s Note : This Article is written by Vina S Singh, Senior  Chartist at  www.niftynext.com , which is a Technically Based Quant Research Firm at M/S Durgapur Holdings in Durgapur, West Bengal, India that covers all Stocks(Trades at NSE) & In-Depth Analysis of Indian Equity Market,Major World Indicies,Bonds,ETFs. We use Ami Broker Charting Software (V-5.50),Pattern Explorer & AmiTools-Power Scan(V-1.3.6).You can reach the Chartist here mail@niftynext.com Or Over Phone at +91 80171 98633 begin_of_the_skype_highlighting            +91 80171 98633      end_of_the_skype_highlighting Or SMS at +91 880 2230 836/ 8927670565.



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