Mahindra Logistics Ltd. Long

We have seen golden crossover in Mahindra Logistics before couple of days. i.e. 50 DMA is crossed 200DMA from its below. On 14th Sept-22, Stock has experience a very high volume with positive uptick. Low of uptick is 488. We may consider it as ultimate support level . As per the current trend ,stock is bullish .

Target Profit is 635
Stop Loss is at 488
Current Market Price is 522

Risk to Reward Ratio 1 : 3

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