Wait for the triangle breakout with volume. After the breakout, BUY position can be taken for 12% potential profit in a short term. The RR > 3.6 and the stock is trading above EMA20 and EMA50, indicating bullish trend.
M_M Making higher high if NIFTY is positive in next week go long in M_M. Good stocks for swing trade / Positional
Currently near trend line support, above 857 can give good move.
As per Maruti / M&M spread chart. Maruti could outperform M&M from here onwards. A retest of 9 is possible provided 8.20 is not breached. The pair chart is suggesting Maruti will rally more and fall less than M&M Pair Spreads are high risk management set ups. They are not to be done in isolation but in sync. Those not affluent with them should refrain.
Hit The like button if you liked the idea --- Trade was given on 24 - NOV -2020 ---Trade is Closed in PROFIT on 8- FEB -2021 FULL TARGET done... everyone exit now 🎯 bought @ 716 booked @ 932 PROFIT booked = 30 % 👇👇👇👇👇👇 CLICK the chart for the proof 👇👇👇👇👇👇👇
After some fall is available near the support levels which is a good buying area.
Stock in range bound look for a buy above the high sell below low of range bound , still have strength to upside till its hit the upside one day chart resistance trend line , im suggesting buy on the stock . but buy from any logical place not from no ware of a price
M&M, Daily Chart. Given Beautiful Break-out of 2 years Resistance Trendline. CMP 828, Support Zone 770 - 790 Targets are 905 & 980. DISCLAIMER EDUCATIONAL PURPOSE ONLY. CONSULT YOUR FINANCIAL ADIVOR BEFORE TRADING OR INVESTING.
NSE:M_M has shown bullish breakout with a higher volume in the last trading session. In the last 2 weeks, 4 brokers have given BUY rating for 15% plus potential profit. The MACD is bullish as well as EMA20 > EMA50. The risk reward ratio is also around 4.
Details are explained in my you tube channel Search Antony Sebastian plz have a look Note:- im working on 5 minute Time Frame ,look at in 5 minute time frame for better Idea
Details are explained in my you tube channel Search Antony Sebastian plz have a look Note:- im working on 5 minute Time Frame ,look at in 5 minute time frame for better Idea
details are explained in my you tube channel link on comment bar plz have a look Note: im working on 5 minute Time Frame ,look at in 5 minute time frame for better Idea
Mahindra and Mahindra Intrday Today M&M made low to the support level one and made a pull back breakup if its sustain to that level its but see the details i mentioned in the chart for trade plan Note: im working on 5 minute Time Frame ,look at in 5 minute time frame for better Idea
#Nifty #Auto Bounced from resistance turned support and looks equally strong relative to Nifty. Continued momentum in Nifty might see new highs made in Auto large caps. YoY Dec-20 quarter results are hinting at a recovery too
NSE: M&M Looking Bearish Go For Short-Selling