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
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.
Mahindra cie strong resistance area#mahindracie
Mahindra cie auto
Close to 14 years resistance breakout area.
Keep and eye and enter on breakout.
#vr
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