I've tried to explain the lifecycle of M&M chart with different phases it has gone through, currently weekly candle has a possibility of breaking down a range which is formed at top and it could be a signal of distribution and stock entering into another consolidation/negative phase. Overall chart is showing weakness as of now
There is no buy or sell reco in this...
M&M has given strong breakdown below the crucial support zone. We can take a swing trade here.
Entry:
We can go long on open of next candle.
Stoploss:
We can keep stoploss above the support zone.
Target:
We can keep target near the next support zone as marked on chart.
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M_M - Flag Pattern - Looks like a Great Opportunity.
With SL 1280, we can aim for 1700 target from current price..
Note: I'm not a SEBI registered & This is not a recommendation , this is only for education purpose, please do your own analysis before taking trade.
M&M was traded within a range for long time and comfortably broke out the range today with huge volume .
Go Long for swing trade if opens and sustains for a 5min candle above 1380 or wait for retest to previous resistance 1367 price levels.
Target will be around 1420-1440
Happy Trading
M&M was traded within a range for long time and comfortably broke out the range today with huge volume.
Go Long for swing trade if opens and sustains for a 5min candle above 1380 or wait for retest to previous resistance 1367 price levels.
Target will be around 1420-1440
Happy Trading
M&M stage 2 continuation breakout chart.
Entry 1348-1369
Stop loss 1284
Position size - 10% of the trading capital.
Note : Only for learning, trade at your own risk.
Hey everyone this is me and today i am going to show you an Adam and eve pattern with a strong support at 1219 which has not been broken for 6 months and so for it can be down at anytime as two signals are telling us down Adam and Eve, and the 6 months trend-line also down from ma's.
Thank you if you got anything valuable pls do like and follow
NSE:M_M
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
2. Close, should be good and Clean.
3. R:R ratio should be 1 :2 minimum
4. Plan as per your RISK appetite
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose!
On 14th I had shared an idea that up side move on M&M is about to complete and we may see some downside move in this scrip.
The scrip tried to move up but failed to hold at higher level and now its formed an HnS and can be entered on breakdown.
#Note - The idea is shared for educational purpose and not a trade recommendation, Please trade after consulting your...
THREAD ON MAHINDRA & MAHINDRA
We are on the Weekly TF of Mahindra & Mahindra--
We have done the counting since the origin as per Elliott Wave rules.
Wave(1)of 1 completed@ 417/-
Wave(2)of 1 got completed in form of simple correction@312/-
wave (3) of 1 got completed in the form of normal wave 3 & got completed@ 717/-
Wave(4) of 1 got completed as a complex...
Sell if M_M sustains below 1160 for the lower marked targets on the chart.
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Reversal candle on a daily chart. Stock seems extended and expecting profit booking to continue here. Invalidation is 1280 and possible TGTS could be 1195-1175
NSE: M_M
Time Frame :- 1 Day
Patterns Name :- Elliott Wave
Conclusion :-
A Elliott wave which is completed now shows up a Bearish signal after the Uptrend which most probably shows up a Down trend .
We are not responsible for any profit or loss
Based on Your Own Risk this is only to Show you the Current Pattern
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NSE: APOLLOHOSP
If Breaks Then The Targets could be Taken at 4408
Time Frame :- 1 Day
Patterns Name :- Parallel Channel
We are not responsible for any profit or loss
Based on Your Own Risk this is only to Show you the Current Pattern
Comment Below If You want to ask me questions on this on any other idea
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Made...
