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Keep at The Top Of Watch list
MAHINDRA LOGISTIC LTD
Long
Keep at The Top Of Watch list
By Chart_analyser_NJ
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Oct 12, 2023
1
Oct 12, 2023
📊 Stock Analysis Snapshot 📉
From the peak of 800 in October 2022, the stock underwent a substantial decline, settling within the 350-360 range.
📈 Notable development: Recent weeks saw a positive divergence on the RSI.
Trading at 354, offering a potential entry point for those considering "bottom fishing."
⚖️ Exercise caution with a strict stop-loss range of 290 to 300.
🚀 For long-term investors (1-2 years), this presents a compelling opportunity, with the potential for nearly threefold growth.
🎯 A breakout above 430 could set sights on 700 by the end of the next year. #StockAnalysis #InvestmentInsights 📆📈
Chart Patterns
Technical Indicators
Trend Analysis
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