linkedin facebook twitter gplus

Mahindra Holidays and Resorts India


BSE: 533088 | NSE: MHRIL | ISIN: INE998I01010 | SECTOR: HOTELS
Accumulate @CMP 267 , Targets 350-450 plus , Stop 240.


  • Analysis: We have bullish view on Mahindra Holidays and Resorts India (MHRIL), On weekly basis price show upside trend reversal & prices has given positive breakout with high volume, After long term negative fall from all time high of 574 prices touch bottom level of 205.10 levels and currently rallying above 55 weeks moving average. We see Mahindra Holidays and Resorts India (MHRIL) will give first good positive rally now on, to first upside target of 350 levels in coming months.

We are expecting prices will rally in higher top & bottoms pattern, we advice to add more position in MHRIL at every higher bottoms levels.

We advice to accumulate Mahindra Holidays and Resorts India (MHRIL) at current market price of 267 for target of 350 - 450 plus with stop loss of 240.

{29.05.2014}





Mahindra Holidays and Resorts India (MHRIL)(Weekly chart)

























Disclaimer:All information given here is largely based on technical analysis which is highly dynamic in nature and relevant only at a particular point of time. Users are advised to pursue these recommendations only at their own risk and first consult their personal investment advisor when making investment decisions. We are not liable and we take no responsibility for any loss that you incure by trading/investing on our recommendations. these study are posted for educational purpose only.

Website Maintenance By : Aarav Infotech
All Rights Reserved By ntdtrading © 2016.