M&M - Near TRIANGLE breakout - MACD above 0 - MACD Signal above then signal line We may see breakout here. For Educational purpose only
NSE:M_M Simple Trade Setup for M_M for 09-08-2021. Chart and levels are easy to understand. Do comment your doubt or suggestion. all the best for trading in next week.
Guys, keep eye on M_M. If market again become bullish then one can go bullish in M_M (for educational purpose only)
One can go long on M&M if it breaks the channel pattern. (for educational purpose only)
But having a risk that this quarter lockdown where performed so after results for some days it may perform bad...
Key Highlights: 1. Bullish market structure 2. Trendline breakout 3. Bullish above 785 4. Support zone: 736-753 5. Target: 816, 865, 911, 952 6. Stop loss: 730 You are always advised to use an appropriate Risk-Reward ratio as per your strategy. P.S: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.
If trendlines breaks with volume, initiate long above 825 RSI at levels of 41 Hold for targets of 861, 920
Notes Been in a very tight channel consolidation since 1st of June (797-820). Could give a good move on breaking either of these levels. Both long and short term MAs are currently converging which is further decreasing the range of movement within the channel. Volumes are also declining during the consolidation. Please note - Not a SEBI Registered...
After getting rejected near the POC of previous downtrend, now looking to move up again to 900 levels.
Holding above all MA's Accumulation Phase is ON Buy abv 818/820 on breakout with High Volumes Tgts 860/920
Take trade as per the values given in Fibonacci. always trail the stop loss. do your own analysis before taking trade Check these Upcoming ideas - STILL ACTIVE Check these successful trades & approach on Britannia , Mothersonsumi , DLF , Biocon , Daawat , Infosys , HBL power , HDFC life , Hind ZINC given below If you like my analysis do like & follow me as a...
Weekly Chart #DREDGECORP NSE: DREDGECORP Short Term Quick Profit CMP 428.25 Target: 480 SL : 402 Timeframe < 45 Days ITS A BULL MARKET RALLY. Bullish on whole INDIA! Corrections followed by another high! Factors: Inverted Head & Shoulder Pattern Forming Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with...
M_M - Cmp 797.70 Looks good for long with 730 sl on closing basis. Reason: 1. Breaking out from the downward trendline with good volumes.
Stock has been testing the long time S&R zone and in last 2 sessions has bounced from it with good volumes after making triple bottom. INTRADAY - If stock opens around 800, gives TL break out from bottom to top and sustains above 805.50 then can target for 820 levels tomorrow. On the flip side if stock opens big gap up - around 805 levels and first 15 minute...