SUMMARY:- -stock is has tested its major demand zone of 150-160 -with a strong upmove today and expectation that financials will lead the rally -one can expect m&m fin to outperform in coming days or weeks -one can enter a positional long with june contract -it is heavily oversold so expect short-covering in coming days TRADE:- M&M FIN JUNE FUT...
Buy with sl of 153 tgt: 168/180
#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...
Strong Resistance Turned into Strong Support Expecting to Consolidate & Bounce Back from Current Levels Risk to Reward is Very High
Price forming falling wedge pattern and it is exactly on the support. Good sign for upside breakout, wait for the break
Long M _M finance above 182 TGT 205 SL 172. After taking support stock is going up. good Risk to reward ratio. This is for your educational purpose only.
Pretty much self explanatory. Looking good, bouncing from good support after a huge selloff, could consolidate too, soo, will go long above the previous candle's high. Levels are marked too.
All the reasons for the trade have been explained in the image ---HAPPY TRADING
#M_MFin Descending channel or flag pattern #Breakout Keep it in your #watchlist .
#M_MFIN Bullish flag PATTERN Buy- 215-220 Stop Loss- 200 Target- 235-240
in Daily time frame breakout happened, now its consolidating.
ABOVE 224 VERTICAL UPFREEZEEEEE CIRCUIT LIMITS AWAITED WORLD WILL RUN MAGICBULLINDIA
Disc:- This is only for education purpose.
Above the given level, can move towards higher level as per weekly chart.
M&M fin has very well potential of going up, Good stock for long term holding.
Click on chart for more info
Price after hitting the Flag pattern target hanging around to make channel pattern in lower time frame and it is about to break. One can expect the price to break this pattern and reach the weekly resistance levels as shown in the chart. If you find my analysis helpful . . . . . Please show your support by hitting 👍 LIKE button, Your Support is very much 🙏...