Wave 4 begins new low could be 948...

Feb 22, 2023

Another Adani pattern is on Mahindra and Mahindra. For M_M wave Elliot impulse Wave 3 ends and Correction of wave 3 (Wave 4 begins). Volume has decayed and new highs has been rejected. Lows could for 948 leve with an SL of 1380....This could be a good short opportunity.

Feb 24, 2023

Note

Trend continues.... Critical support at 1200 level. I am expecting this to be broken....

Feb 27, 2023

Note

Expecting a pull back till 1300 before final fall....

Feb 28, 2023

Note

A pull back and trend continues....

Mar 10, 2023

Note

Mahindra 1212 to act a temporary support... and eventually will be taken out...Fresh short can be initiated below 1200 level..

Mar 15, 2023

Note

And falls continues... headed for 1054 by March expiry...

Mar 29, 2023

Note

It should hold 1100 to 1150 level.