MAHINDAFINANCE @ 306 UPDATE
Stock has formed multiple base formation between 285-280 spot levels on weekly time frame. Which makes 285—280 now new base support for trading on closing basis. As long as stock is trading above 285-280 now stock is ready for next leg of rally for 360 spot levels. Upside immediate hurdle is placed at 308-312 spot levels once stock gives continues 1-2 days close above 308-312 it may pick the momentum towards 360 spot levels.
NOTE: if stock breaks 285-280 spot levels than it goes sideways to weak so understand the importance of 285—280 spot levels on closing basis & act accordingly
