Mahindra cie strong resistance area#mahindracie
Mahindra cie auto
Close to 14 years resistance breakout area.
Keep and eye and enter on breakout.
#vr
Mahindra
KOTAKBANK - INTRADAY SETUP- 01/07/2022KOTAKBANK --15 MIN CHART -- INTRADAY SETUP
1. STOCK Trading at upper channel at 15 closing candle seen hammer candle at channel lower support .
2. 200 HULL moving avg support ( blue line ) seen exactly at last hammer candle
3. all this indicators indicate stock will take support at this level and intraday upword move is possible
4. BUY intraday at lower level of hammer candle 16550 1658 target 1670-1680-1690 stop loss bellow 200 HMA support at 1640
** THIS IDEA IS FOR EDUCATIONAL PURPOSE
trade at own risk .!
HAPPY TRADING .!!
M&M ANALYSIS, Mahindra & Mahindra AnalysisGaps pending
Upside: 1043.9
Downside: 953.55
Supports: 982.95 (Very Imp) / 971.75 / 960.75
Resistances: 1008.6 / 1017 (Very Imp) / 1029.75
Note: OI & Volume to be considered in all the trades.
Conditions applied:
Con 1: If we witnessed Gap up opening nearby 1008.6, Wait for breakout & then take long position accordingly with the given levels, Initial target will be 1017.75 (VI).
Con 2: If we see sideways opening, then need to watch Volume & OI & then take position.
Con 3: If we witnessed Gap down opening, Wait for support breakout (982.95) in 15 min candle then only go with short positions.
Note: OI & Volume to be considered in all the trades.
Mahindra and Mahindra Chart Analysis !!📈 M&M 📉
My Findings :-
1. Breakout from downtrending trenline zone.
2. Higher High and Higher Low Formation.
3. Close Above March 2022 High.
Bias- Long
Target- 901 and 960
SL- 822
RR- 1: 2.5
All Important Supports and Resistances are drawn in chart. All levels are on closing basis.
Please have a look and revert back if you need some more study on it.
Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
NIFTY IT at risk level as you can see nifty IT daily chart , it taking support at trendline .
and it also broken all pivot lines support levels .
if weekly close below trend line may dangerous
and also it may take next support at 29800 if it continues .
whoever investing now can work with small SL .
do research & learn .
it also forming CUP & HANDLE .
do like my idea if you agree .
Long Mahindra CIE Auto...High Probability SetupMahindra CIE Auto
Cmp - 227
Stop - 200
Expectation -
T1 - 300
T2 - open, Review at 300
Expected Holding Period - 3 months or earlier for T1, 5 months or earlier for T2
View:- Swing/Investment
MAhindra & mahindra Trend Analysis MAhindra & mahindra Trend Analysis
1. bull flug pattern formation price movemtum
2. not break trend resistance so chance for down side
3. when break the supply demand zone confirmation of up side big rallly target 1 and 2
3. wait period right now chance accmmulation area after strong buy do not miss it
MAHINDCIE Keep an eye out for BO!MAHINDCIE trading close to 52wk high!
Keep it on your radar for a possible breakout as auto sector is doing good!
Buy above high on closing basis.
Target 300/320
Please do your own analysis before making any decisions and also let me know if I missed something.
Let's learn together.
M_M - Potential Cup & Handle formation - Swing TradeThe analysis is done on daily TF hence price may take few days to few weeks or even months in order to reach the targets.
Trade setup is explained in image itself.
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.