Mahindra
Mahindra CIE - Positional LongMahindra CIE - Vixfix reducing and OBV steadily inceasing.
Go Long as positional trade at CMP with target of 140
Long! Mahindra & Mahindra with Descending Triangle
1. On 6/5/20 , Broke the Descending Triangle Pattern on Mahindra and Mahindra.
2. Price may fall from 403 , as it is a 78% Retracement level.
3. Buy Above 390 Target: 398 , 402 Stop Loss :383
4. If Price broke 403 level. One can go Buy above 410 Target: 417, 421 , 427 Stop Loss: 403
IF YOU LOVE MY STUDY PLEASE LIKE IT. IF YOU WANT MORE STUDY LIKE THIS FROM MY SIDE PLEASE FOLLOW MY PROFILE.
TECH Mahindra gets Bowled!As published earlier with little bit information about TECHM, i am feeling very bearish on this stock of upto levels of 465, and beyond that is a bonus one can dream of.
A complete beautiful inverse bear pennant. it will follow the yellow line towards the last white line. if not will consolidate but not break the red line (Unless with volume) which is unlikely impossible! Short below 500 and see wonders. ALSO if it breaks green line, it cant break orange line. Have peaceful profits!
MOMENTUM TRADE IN M&M FIN !!(FUT)!!MOMENTUM TRADE IN M_M FIN
VIEW
:-CROSSING ITS MAJOR HURDLE OF 361
:-AFTER A VERY LONG TIME NEEDS A CLOSE ABOVE IT
:-LOOKS A TEST OF 200-DMA IS ON THE WAY
:-SWING TRADE IS POSSIBLE WITH A GOOD RISK-TO-REWARD
TRADE IN 28TH NOV FUTURE CONTRACT
BUY @364
STOP @358
TARGET @376-78
LOT:1250
QTY:2
LONG ADDED IN M&MMOMENTUM TRADE IN M&M
VIEW
:-MOTOR COMPANIES ARE SEEING BUILT-UP
:-RISE IN OI+RISE IN PRICE+RISE IN DELIVERY VOLUMES
:-LOOKS LIKE ITS ON THE VERGE OF TESTING ITS 200-DMA AROUND 625
:-IT HAS BROKEN THE CRUCIAL RESISTANCE OF 603
:-PRICE AND VOLUME BREAKOUT CANNOT BE RULED OUT
TRADE IN FUTURES 28TH NOV CONTRACT
LEVELS ARE ACCORDING TO SPOT PLEASE ADJUST FOR FUTURE PRICES
BUY@610
STOP@602
TARGET 1@625
TARGET 2@650
LOT:1000
QTY:2
PLEASE NOTE:
ALTHOUGH REAL OI DATA WILL BE AVAILABLE ONLY AFTER 6/7 PM
!!PLEASE NOTE TRADE WITH CAUTION AND AT YOUR OWN RISK PROFILE!!
!!PLEASE DON'T OVER TRADE!!
!!LIVE TO FIGHT ANOTHER DAY!!
!!HAPPY TRADING!!