Mahindra share @harishwaveanalystMahindra share elliot wave analysis for daily time full explain daily chart
current time price go down Wave c internal wave 1,2,3,4 or 5
M_mlong
Mahindra & Mahindra Fin. Services LtdSymmetrical Triangle on Weekly Time Frame ,Broke out already, Volume Squeezed, watch for entry , Keep Your Stop loss.
Bullish Butterfly Observed In M&MThis is one of the bullish harmonic pattern which is called bullish butterfly. Its also called XABC pattern which is auto enabled in trading view.
Harmonic pattern basically based on Fibonacci retracement. This is a very complex pattern to understand thats why accuracy of trades are higher comparative other patterns.
PRZ - 798-799
SL - 783.9
Target - 821/836/848/860
M&MM&M, This stock has taken support from lower Bollinger band and 40DEMA in daily time frame.
This stock has given breakout from resistance trendline in daily time frame along with good intensity of volume, also same candle closed above 20DMA.
Wave structure is also suggesting and supporting same view to go long.
Indicators supporting are mentioned below in snap shots.
Overall, one can go long with mentioned stop loss in the chart.
Weekly MACD is positive, uptick and above zero line
Daily MACD is now uptick above zero line and converging towards positive
rsi in weekly is uptick above 60 levels
rsi in daily is uptick above 60 levels
dmi adx is positive ungali setup in weekly
dmi adx is converging towards positive ungali setup in daily
Breakout with good intensity of volume in daily
Disclaimer
I am not sebi registered analyst
My studies are for educational purpose only
Consult your financial advisor before trading or investing
I am not responsible for your profits and losses
M_M Ready To BlastM_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.
bullish m_mdid you find any pattern in this chart I have observed a flag pattern that is going to break now
M_MFIN HOURLY CHART SETUP 🎊hello traders
the chart is not a call
do your own analysis too
ask your doubts in comments section
M_M Ready for Ballistic Up Move #M_M
Descending Triangle Breakout with good volumes.
W Pattern/Double Bottom
Support 730/740
