Breakout in Mahindra Financial

787
After spending 8+ months in consolidation, M&MFIN has finally broken above a well-defined descending trendline – a bullish technical development with solid confirmation!

🔍 Technical Highlights:
🔴 Multiple rejections from the trendline in the past – now successfully breached
📊 Volume spike on breakout day → strong buyer interest
📈 RSI above 65 and rising → momentum strength
🟢 Trading above key EMA50 → trend reversal signal

Disc: for study, not a recommendation. DYOR

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