#Watchlist
#M_MFIN (W):-CMP 202 Looks Good Above 215/220 For More Upsides :)
#Disclaimer:-View shared is for educational purposes only. Conduct your due diligence before making any trading or investment decisions.
#StockToWatch
Chart -> Mahindra and Mahindra Finance Weekly
As we can see in the chart, whenever stock tried for an up move, it got rejected 6 times from the same resistance line in the last 4 years.
Now it has given a close above that trendline with a bullish marubozu candle, indicating completion of the bearishness.
One can accumulate in the medium to long term.
CMP: 197
A...
NSE:M_MFIN
as we can see harmonic PRZ (1=198.790, 2 = 201.05), still far from current price so one can still long till PRZ levels with closing basis stop loss (167.60).
******whatever charts or levels sharing here are just for educational purpose only not a recommendation. please do your own analysis before taking any trade on them....
M&M Fin is at crucial supply zone of 169. A closing above this level can trigger a good momentum move towards 180/196.
Happy Trading :)
Disc: Chart posted only for learning purpose.
short below 138.5 in intraday
For stoploss in Intraday use 5 minute chart and see nearest resistance.
for target use 5 min chart and fibonacci pivots as i don't keep predefined target.
try to book partially and trail.
Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as per technical analysis
NOTE: For Gapdown or bd before...
M_Mfin Long (3 Feb)
RSI-62
Inverse head & shoulders pattern
Buy at CMP- 169
SL- 160
Target- 183, 195
Disclaimer- We are not SEBI registered advisor.
Charts and views are only for educational purpose.
Looks good to buy above 166 or above 170 for target of 190+
SL can be around 150 or according to your risk appetite.
Please do your own analysis before making any decisions and also let me know if I missed something.
Let's learn together.
NSE: M&MFIN 197
-Fresh Breakout Pole and Flag Pattern
-Next level to watch 210/220 level
-Support near 180/185 level
-Volume And Price are Both strong
Like And Follow On Tradingview for more such charts
NSE:M_MFIN
#M_MFIN Formed #CupandHandle Pattern Broken with good volume, consolidating, Breakout the range will give good momentum.
Post Confirmation, One can go with 195 CE
Tried posting the levels from yesterday, but due to technical snag not able to.....
Have a Happy trading !!
M_M has been trading in a narrow range since last few months. Now it is ready to break the trendline.
Buy-Above 785
Sl-725
Target-855 930 980
Same kind of setup has been formed in Indusind Bank. I have given the trade of Indusind Bank just before the trendline Breakout. Trade is based on the same setup.
NSE:M_MFIN
Observations:
1) On Daily Time Frame: It has broken and taken support from 200DMA. but closed below it's long time critical zone 179-181 level range.
It is on verge of another breakout if it successfully stay/trade above 180 to 185 level.
Please refer below chart : Daily time frame.
-------------------------------------
Trade Setup for...
NSE:M_MFIN
Observations:
1)On daily Time frame It made double bottom pattern and gave breakout on 2-9-2021 and on 3-9-2021 it made bearish candle but closed above the breakout level.
Please refer below chart : daily time frame.
-------------------------------------
Trade Setup for Date 06-09-2021:
1) Don't Jump in to trade at the beginning of the...
