MAHLOG Mahindra Logistics Swing Trade Setup Mahlog is currently trading at 500.75
- Mahlog has a huge demand side imbalance on the left that needs to filled
- The base looks strong and the lows are being respected as well
- Couple of Liquidity raids can be seen on the chart
- 490-492 can be a very conservative entry to chase 6-8% for Mahlog
Mahindra
Mahindra & Mahindra update 500 pointsmahindra and mahindra reached 500+ points from given level
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Mahindra and Mahindra updatecurrently market is on extreme supply
if market breaks above 3000 we can expect level up to 3200
if else market can take a retracement for strong demand near 2800 or sell will be continued
Hit the like button to Rock !! Show some energy !!
Note :
⨻ Check the live market updates and analysis yourself before buy or sell.
⨺ Am not giving any advisory or signals its just my idea for upgrade my knowledge in trading for myself
⨹ This is my pre and post market analysis and my trading journey. Not a suggestion to buy or sell.
⫸ You are responsible for your trading not me ⫷
happy trading 🥰
SPX Levels // 45 MinHello Everyone 👋
Support Levels:
First Support: 4,500
Second Support: 4,480
Third Support: 4,460
Resistance Levels:
First Resistance: 4,520
Second Resistance: 4,540
Third Resistance: 4,560
These levels are derived from technical analysis and can help identify potential entry and exit points for trading
ICICI BANK Levels // 1 HourHello Everyone 👋
Support & Resistance Levels:
Support: ₹1,000
Resistance: ₹10,000
Trend Lines from Daily Chart:
These trend lines provide important support and resistance levels for intraday trading.
Keep an eye on ICICI Bank’s stock price performance, which has increased by 1.08% in the past 24 hours1. If you’re a swing trader, these levels can help guide your trading decisions. Remember to consider other factors and perform your own analysis before making any trades. 📈👍
Additionally, did you know that SEBI (Securities and Exchange Board of India) is planning to introduce a one-hour settlement system by the end of the current financial year (March 2024)? This move aims to enhance efficiency in the secondary market
Kotak Mahindra Bank - Range ConsolidationKotak Mahindra Bank Limited offers a range of banking services covering commercial and investment banking on the wholesale side and transactional/branch banking on the retail side.
Book Value Per Share: 562.55
Dividend Yield: 0.08
TTM EPS: 86.40
TTM PE: 21.12
P/B: 3.25
Sector PE: 25.38
Positives:
Company with high TTM EPS Growth
Effectively using Shareholders fund - Return on equity (ROE) improving since last 2 year
Efficient in managing Assets to generate Profits - ROA improving since last 2 year
Growth in Net Profit with increasing Profit Margin (QoQ)
Increasing Revenue every Quarter for the past 4 Quarters
Annual Net Profits improving for last 2 years
Book Value per share Improving for last 2 years
Company with Zero Promoter Pledge
Companies with current TTM PE Ratio less than 3 Year, 5 Year and 10 Year PE
Brokers upgraded recommendation or target price in the past three months
Decrease in NPA in recent results
Mutual Funds have increased holdings from 9.45% to 9.63% in Sep 2023 qtr.
Negatives:
Declining Net Cash Flow: Companies not able to generate net cash
Seems to be overvalued vs the market average
Lagging behind the market in financials growth
Net Profit TTM Growth % - Low in industry
Price to Book Ratio - High in industry
Promoters have decreased holdings from 25.94% to 25.93% in Sep 2023 qtr
NOT A RECOMMENDATION. JUST FOR EDUCATION.
Long Setup in Mahindra &MahindraA Bullish Flag and Pole Chart Pattern Breakout happened on the weekly Time frame of NSE:M_M
Price Action is well supported by the volume.
The stock is currently in uptrend making higher highs and higher lows.
One can add this stock into their stocks to buy list.
Initiate the long trade only according to the levels mentioned.
Stop loss will be on weekly closing basis.
Trend Analysis :- UP Trend
Chart Pattern :- Bullish Flag and Pole
Technical Indicator :- Positive MACD Crossover
Head and shoulder pattern break out in M&M.Mahindra & Mahindra is forming a new ATH and has closed above the neckline of the inverted head and shoulder pattern.
The shock on the weekly time frame has given a nice closing near the ATH and on the daily time frame test the 20 ema after taking a retest from the resistance zone then giving a breakout.
Sector and stock both has closed near the ATH. There is a much chance of carrying on with the break out and hitting 1.618 and 2.618 Fibonacci levels.
Auto sector has also move more than 1.5% which also helps in carrying a bullish trade in this stock.
In the second half of the trading session the stock has consolidated on the higher levels and closed just around it.
3 point confirmation.
1. Break out of Inverted H&S pattern.
2. Retested before giving a breakout.
3. Auto sector also forming ATH.
Target:- 1628, 1700
Stop Loss :- Close below 1575 (hourly candle).
Stock can be bought for the targets. Even swing and positional trades can be carried in the september series.
Wait for the price action near the levels before entering the market.
[1H] M_M Mahindra &Mahindra SELL1. Chart clearly shows Support and Resistance Zone.
2. It takes two supports and one resistance with confirmation.
3. The confirmation candles is Bearish Engulfing candlesticks.
4. Trend is actually going down.
5. Pure Price Action with naked chart.
6. Stop Loss and Take Profit clearly mentioned in the chart.
intraday, swing, short term; min 70% returns
midcap stocks are going to boom.
long term investment; min 70% return
huge potential is there.
investment ;
wait for retracement and go for entry,
fundamentally good stock
try to hold for long term
but keep stoploss as we provided
incase of breaking our stoploss then there is a small down trend happens
(more probably it wont break it)
.
.
refer my old idea given below in the related ideas
Swing buy idea : MHRILWith stop below the second green line
a strong candidate for a 4 to 5% up move
Mahindra Holidays & Resorts India Limited is a leading Indian company that provides holiday accommodation and vacation ownership. The company is a subsidiary of Mahindra Group and was founded in 1996. Its headquarters is located in Mumbai, India.
Mahindra Holidays offers a range of services and products that include vacation ownership memberships, holiday packages, and associated amenities like resorts, clubs, and restaurants. The company has a portfolio of over 60 resorts across India and abroad, offering a variety of experiences to its customers.
Mahindra & Mahindra Limited Mahindra & Mahindra:- ascending triangle pattern has formed, keep your eye on the stock.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
M_M Stock Reaching Resistance - Time to Sell M_M Short Selling Recommendation
Introduction:
This report aims to provide a technical analysis of M_M stock and a recommendation for short selling the stock in the short term. The analysis is based on the latest charts and indicators, and is intended for investors and traders who are looking to capitalize on market movements.
Background:
M_M is an Indian multinational conglomerate company. The company's stock is listed on the National Stock Exchange of India (NSE) and is widely followed by investors and traders.
Analysis:
The M_M stock has been in a strong uptrend for the past few months, but recent price action suggests that the stock may be reaching a resistance level . The stock has been trading in a range between 1314.10 and 1343.70, and a breakdown below 1314.10 could signal a short-term trend reversal.
The technical indicators are also pointing to a potential sell-off. The Relative Strength Index ( RSI ) has been trending lower and is currently at overbought levels, indicating that the market is overbought and may be due for a pullback. Additionally, the Moving Average Convergence Divergence ( MACD ) histogram has crossed below the zero line, suggesting that the trend is losing momentum.
Furthermore, price action on the chart shows that the stock has reached a strong resistance level and is showing signs of a potential reversal, with bearish cand formation
Recommendation:
Based on the analysis above, we recommend short selling M_M stock if it breaks 1314.10 levels, with a stop loss of 1343.70 and a target 1 of 1284.50 and target 2 of 1271.00. This strategy aims to capitalize on a short-term trend reversal and capture potential profits as the market pulls back.
Disclaimer:
It's essential to keep in mind that the market is highly volatile and unpredictable. Therefore, it's recommended to keep a close eye on the price action, and use stop loss and take-profit levels to minimize risk and maximize returns. It's important to conduct your own research and analysis before making any investment decisions and always consult a financial advisor before taking any action.
Conclusion:
In conclusion, M_M stock appears to be reaching a resistance level , and technical indicators suggest a potential short-term trend reversal. Therefore, short selling M_M stock if it breaks 1314.10 levels with a stop loss of 1343.70 and a target 1 of 1284.50 and target 2 of 1271.00 is a recommended strategy for traders and investors looking to capitalize on market movements in the short term.
MAHINDRA CIE AUTO 15y BREAKOUTMahindra auto breaks 15 year trend line.
and closed strongly in monthly candle.
for stop loss and target comment below.
Mahindra CIE Making a triangular pattern at 2019 and a cup and handle pattern based on recent price action..
and a possible retest of support !
Buyers should consult their advisor before taking any action !!
M&M on a HnS Pattern, Confirmation of reversal !!!On 14th I had shared an idea that up side move on M&M is about to complete and we may see some downside move in this scrip.
The scrip tried to move up but failed to hold at higher level and now its formed an HnS and can be entered on breakdown.
#Note - The idea is shared for educational purpose and not a trade recommendation, Please trade after consulting your trade advisor. We don't give any assurance of profit or loss.