Mahindraandmahindra
Mahindra & Mahindra (Triangle Pattern or Cyclic Double Bottom)Scenario 1: ( Triangle Pattern )
If M_M Price forms Descending Triangle pattern. Then is a Chance for Break out @ down side, If So
Then the Entry Price Should be730
1st Target is 681.25
2nd Target is 663
Stop loss is 742
Scenario 2: (Cyclic Double bottom )
If The price Breaks above 781
Then the entry price is 781 after retesting the Zone from 798.
Target is 823
Stop loss is 766
🚙 #mahindraandmahindra #m&m #niftyauto NSE:M_M
if one can find reversal at harmonic PRZ then only go for long with stop loss which comes at X point as mentioned.
******whatever charts or levels sharing here are just for educational purpose only not a recommendation. please do your own analysis before taking any trade on them. we are not SEBI registered.
M&M FIN- POSITIONAL TRADEGood time to buy for aggressive traders. The stock has given a closing above its 50D EMA in 15 min time frame. Reached the important support level in the 1D time frame and bounced back. Can give an easy target of 175 near its 200D EMA in short term. KEEP ADDING IN SMALL QUANTITIES. LET RSI LINE GO ABOVE 40.
Buy Mahindra and Mahindra FinanceBuy and accumulate Mahindra & Mahindra Financial Services for 20%-30% upside in 2-6 months period.
Target levels: 197,222,245.
Low Support Levels: 113, 79
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**Disclaimer: I am not a SEBI registered consultant/Advisor. It is completely my view and opinion. My intention is not to provide any financial advice, training advice, or any type of advices or any recommendations on stock buying or selling. Please do your own research and consult with your financial advisor before taking any action. I am not responsible for any of your action on buying or selling or holding the above mentioned stock or/and index.
Long opportunities for 15th April The key levels to watch out are mentioned in the video. Trade as per the levels mentioned after finding a suitable candle patterns at support and resistance levels.
For the accurate levels, Follow me on trading view and Insert this indicator from library or from my profile under Scripts.
Happy trading.
M&M - Multi timeframe + Fibo+ Triangle. The auto sector has been really strong lately. In 1 Daytimeframe stock is nearby its lower trendline, Currently closed to proper valuation as shown by the valuation band in 1st chart. Also taking support from Demand zone.
In the 1Hrs timeframe it has formed a triangle pattern. It has completed 38.20% retracement and also Supported by 50 daily ema.
The Indicator Used:
PANEL 1:
1) Daily Lines Plots Daily 20 (BLACK) & 50 EMA (GREY), BLUE (200 DAILY EMA ) Also On Lower Time Frame Charts.
2) Valuation band
KEYS: Red Faded Cloud: Over Valuation.
Grey Faded Cloud: Proper Valuation.
Green Faded Cloud: Under Valuation.
PANEL 2:
1) TE-REKAB - Proprietary Indicator
KEYS:
PB: Pullback
Blue Candle: Selling Divergence
Yellow Candle: Buying Divergence
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The analysis is my POV, hope you got bucks in your pocket to consult a financial advisor before investing :P :)
HAPPY TRADING!!!