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M_M

M_M is Making Symmetrical Triangle Pattern (Breakout Trade)Mahindra & Mahindra Limited : Vehicle Manufacturer Company ( NSE:M_M ) is Making Symmetrical Triangle Pattern (PATTERN BREAKOUT TRADE). This can become a very good trade for iNTRADAY Traders. Target + StopLoss: There is no target here. You keep the first target as much as the StopLoss you put. And the StopLoss will be the Low/High of the candle that BROKE this pattern. Or Low/High swing backward inside the pattern. And as soon as you get a profit of 0.70% of your TARGET , you will trail your StopLoss and bring it to the entry point. And as soon as your first target is hit, you will release half of your total quantity and continue to trail your StopLoss above the last swing Low/High. Target and StopLoss are never already FiXED in the chart pattern. You always have to trade only by M oney Management, P osition Sizing, S topLoss Trailing. This is the way to stay in PROFiT . If you want to get something good like this EVERYDAY then follow me here on TradingView now. Chart Published By Ravinder Sharma Thank U.
NSE:M&M
by R_Sharma
1
M&M is Making Rectangle Channel Pattern (Breakout Trade)Mahindra & Mahindra Limited : Vehicle Manufacturer Company ( NSE:M_M ) is Making Rectangle Channel Pattern (PATTERN BREAKOUT TRADE). This can become a very good trade for INTRADAY traders. Target + StopLoss: There is no target here. You keep the first target as much as the StopLoss you put. And the StopLoss will be the Low/High of the candle that broke this pattern. Or Low/High swing backward inside the pattern. And as soon as you get a profit of 0.50% of your target, you will trail your StopLoss and bring it to the entry point. And as soon as your first target is hit, you will release half of your total quantity and continue to trail your StopLoss above the last swing Low/High. Target and StopLoss are never already fixed in the chart pattern. Thank you. You always have to trade only by money management, position sizing, StopLoss trailing. This is the way to stay in profit. Chart Published By Ravinder Sharma
NSE:M&M
by R_Sharma
M&M: AnalysisKeep an eye on M&M it has given a suspected breakout from parallel channel and retracing back to original level. If this isn't a breakout hen their is a chance of upward momentum in upcoming days. . Reason to Buy: 1) Possible breakout from parallel channel formed in daily time frame. 2) Holding higher levels. . Safest entry point would be at 659.90 levels or above. Stop loss must be below the previous immediate swing. Calculate your RR ratio and trade accordingly.
NSE:M&MLong
by Umang_Sharma
M & M : Bullish BreakoutNSE:M_M Hi Traders, MAHINDRA & MAHINDRA remained range-bound throughout month. Now, it break resistance, close above resistance and make a new high as well. Entry and target level on chart. ********************************************************************************************************************************** If it is helpful for you, please show your support and hit the LIKE button. Provide some feedback below in the comment! This would give us encouragement to keep sharing our ideas here on this platform. ###Learn To Earn### * This analysis is educational/learning purpose only. * Trade at your own risk. Trade well, **********************************************************************************************************************************
NSE:M&MLong
by vimal.kr.pathak