#M_M Descending Triangle Breakout with good volumes. W Pattern/Double Bottom Support 730/740
M&M SPOT STRONG RESISTANCE ZONE @710-30. If Breakout Resistance Zone and hold then go Long for Levels - 811/899/979. VIEW NEGATED BELOW - 689 (DCB).
M_M is given a breakout from the flag pattern with a good volume. Expecting a 1:2 risk-reward.
#M&MFIN NSE:M_MFIN CMP: 154.50 Target to be 208 real quick. Might hold for higher returns. Factors : Earnings & EPS positive Dividends Payout high 50% Fibonacci retracement Spike coming soon. Peers: NSE: BAJFINANCE NSE: BAJAJFINSV NSE: MUTHOOTHFIN NSE: SRTRANSFIN NSE: BAJAJHLDNG NSE: MANAPPURAM If you like my work KINDLY LIKE SHARE & FOLLOW this page for...
M&M share price forming Head and shoulder-like pattern and finding support at neckline area.
Positional Trading opportunity ! Weekly Chart Alert ! NSE:M_M Technical Reasons to trade :- 🧢 1> Big breakout 2> Huge volume ever M_M recieved 3> Accumulation for 17 weeks straight 4> Retracement areas are shown through arrow. Some fundamental NEWS :- ⛳ 1 )Mahindra & Mahindra Unit Set to Manufacture New Tractor Series for Domestic and Global...
Watch out the chart for multiple bullish confirmations
Triangular pattern Enter with proper risk to reward ratio follow @prmshwrn to get more patterns and analysis.
Breakout on either side can give a good swing trade
Stock is slowly falling after forming triple top. Today it broke the support zone but bounced in last 15-30 minutes. Looks good to short in coming days. Intraday : Looks good below 731 for few quick points Swing : Good if 30/60 minute candle closes below 727 P.S. Zone can act as good support, so Ignore if stock starts trading above 750/755 levels
BUY @ current price, Target are mentioned on chart. It's moved outside the orbit but soon gravity will fix it.
M&M looks good on chart.. it is trading near a short term trendline and can show retracement. A good RR trade can be done after retracement gets over. (for educational purpose only)
* M_M at an important support level * CNX Auto at a support level * Nifty is bullish
Note: 1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR. 2. Always remember SL is your lifeline, not the big target... 3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns... 3. Views given here is not a tip rather it is for educational purpose... Aftermarket...
Stock's range is getting smaller daily which indicates there is movement going to happen soon. It has formed Symmetrical Triangle on Daily TF, breaking the triangle will bring decent move on either side