#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.
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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
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M_M has been trading in a narrow range since last few months. Now it is ready to break the trendline.
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.
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...
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...
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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