As we can see the channel pattern breakout and retest done, so we can see the buy opportunity
ENTRY = 256
TARGET = 260, 268, 277
STOP LOSS = 253.50
DISCLAIMER: VIEW IS ONLY FOR EDUCATIONAL PURPOSE, NOT A RECOMMENDATION FOR TRADING.
M&M forming failing three methods most probability of forming a red candle is high.
Entry 1265 SL 1272 Targets 1259,1260,1244,1236 Risk to reward 1:3 to 1:5 if you trail your Stop loss to target(s)
NSE:M_M
#NSE:M_M formed Bullish rectangle, Safe players may check post breakout zone,
and experienced/risky players may check support zones for entry points.
All the levels marked for practice only.
Complete April month performance shared for our friends, check out my signature for details.
Happy LEarning !!
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....
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
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.
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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.
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Trade Setup for Date 06-09-2021:
1) Don't Jump in to trade at the beginning of the...
NSE:M_M
Simple Trade Setup for M_M for 09-08-2021.
Chart and levels are easy to understand.
Do comment your doubt or suggestion.
all the best for trading in next week.
Take trade as per the values given in Fibonacci. always trail the stop loss. do your own analysis before taking trade
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