M&M : Great breakout nearby, looks to move for 6-8% rise.

I always like a speaking chart. Have a look at, it is almost clear what it wants to say. Today, we got a breakout and closed on massive note. After a long long time we got a close above 20 EMA. This bounce is coming from a very close to support of 200 EMA. 

Index may consolidate but M&M should have a rise.

Support = 200 EMA - 730, 782 (Trading), 760-750

Resistance = 838, 875

Happy investing