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Enter Long above 944
Target 949 & 956
Levels mentioned in the charts .
M&M POTENTIAL SHORTING TIME
Based on my "xRWave-Blaster" predictive trading methodologies, its going to be a RED candle on 20-Jun-2018 for M_M
Sell Below(5Min candle close): 889.2 for targets -
Note: These calls are based on my own analysis. It may or may not work well for you.So please carefully consider whether it is suitable for you and please ...
mansoon season generally bring rally to such stocks!!!!
M&M has been in uptrend due to good results for few days
Whenever it makes tweezer top near trendline, tends to come down looking at history
Candlestick - Tweezer Top
MA- Price may take next support on 10 DMA
Volume - Good selling volume last day
RSI - Negative divergence from oversold
the above mentioned levels will act as a TWIST in tale .. the above level are not spontaneous but have a well informed analysis ,. ..
on hourly chart the stock looks EXTREMELY
after a great uptick ,
on daily charts moving side ways
and today closed belowan important mark of 970
can sell below 965 and can sell more below 950 for 935
Mentioned in chart
long Mahindra Tomorrow around 745 with sl 735
NSE:M_M printed Bearish Pinbar Around 742 ...which is now acting as a turning point ...my bias is negative (as i can see 2 bearsih pinbars back to back)... i will go short around 742-745 with stop loss of 752-755 for first target of 720...
m&m is break out and pull back also completed
Fib with Trend line Support. Bonus issue on the way 10 Trading Days for Bonus.
LONG TECH MAHINDRA
M&M is moving in a down channel for a while, currently on the edge awaiting breakout/reversal.
Buy M&M above 1280
Down ABCD pattern on M&M.
Long entry - 1307 to 1316
Target 1 - 1354
Target 2 - 1370
Stop loss - 1280