Mahindraandmahindra
Buy M_M at the price of 547/-Buy M_M at the price of 547/- , One condition needed to be trigger today
MAHINDRA AND MAHINDRA LONGMOVING BETWEEN CHANNEL LINE NOW IT IS ON LOWER LINE AND SHOWING BULLISH DIVERGENCE SHOULD GO UP FROM HERE STOP LOSS IS 567
Quickie in M&MWith a short bias already established through higher TFs and holding positional short (refer earlier post: ), intraday 15 min too presented a good opportunity to enter short. A big green candle rejected pivot and immediate 15 min resistance followed by a red candle where we took entry. SL at immediate resistance of 582.5. A close below 50EMA would be interesting.
M&M Possible Short with the Higher Time Frames SupportMonthly gives a clear bearish picture as price has fallen drastically from Aug 2018 to Aug 2019. Then, it has made a shallow bounce back to test the support turned resistance zone. In the weekly, a good upper wick rejection is made at weekly resistance last week which gives a weak bias. Similar story is with Daily, price rejected Weekly zones with big red candles. However, the trend is in daily is still bullish and we need to wait for a break in Trend line, 50EMA and preferable monthly zone to confirm a bearish stance and enter the trade short with SL of 625.
BTST TRADE IN M&M !!(FUT)!!BTST TRADE IN M&M
VIEW
:-TESTING ITS 100-EMA
:-SUPPORT LEVELS ARE NEAR
:-TRENDLINE SUPPORT
TRADE IN 28TH NOV FUTURE CONTRACT
BUY@588
STOP@582
TARGET@600
LOT:1000
QTY:3
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!!
Mahindra buy itNear key resistance
Cup shape consolidation
Rising wedge pattern in support zone
Possible breakout in upper side
M&M SHOWING SOME SUPPORT GO LONG ON PULLBACKM&M showing some support in 503 zone....going long on pull back for 588 will be preferable...Respect Risk.....Happy Trading
M & M SHORT ( INTRADAY )M & M SHORT ENTRY 528, STOP-LOSS 531.60 , TARGET PRICE 518.65.
NOTE : CONSULT YOUR TRADING ADVISER BEFORE TAKING ANY TRADING DECISION.
M&M Ready for move now !! Guys do like and comment Guys do like and comments for such calls and follow us so u don't miss our updates
m&m shortterm but look for pull back.stop loss 628
don't short now wait for pull back
wait for pull back till 600 to 620 range.
1st target 548
2nd target 511
Disclaimer: All posts/views are for educational purpose only..!!
Kindly contact financial advisor before taking position/decision.
NIFTYAUTO | 7000 Support of Last ResortNIFTYAUTO index has been on a downtrend traversing through key supports. Now 7000 seems to be the support of last resort for the index.
(Disclaimer: Our charts and contents are just for the purpose of analysis, learning and general discussion. Do not consider these as trading tips or investment ideas. Trading in Stocks, Futures and Options carry risk and is not suitable for every investor. Hence it is important to do your own analysis before making any investment or trading decisions based on you personal circumstances and it is always better to take advice from professionals)
M&M Bearish Head & ShoulderM&M
Weekly Chart Shows Break Down of
Bearish Head & Shoulder Pattern
Broken Neckline of Pattern below 612
Now Going to test Support 570
Sustain below 570 will lead the Sharp fall to 540-520-485
Disclaimer: All the Recommendation/View Given in Arrowmoney are only for internal study purpose. Consult your financial adviser before making any investment decision.
M&M Forming Double Top Pattern.M&M Forming Double Top Pattern, one can go long if sustain above 652 but break the 652 resistance will take it to 642, 625 which is most likely.
Mahindra & Mahindra Open with Positive noteMahindra & Mahindra very high down trend stock now a days but next trading session M&M will be open with positive as usual back to again down trend
M&M - Good bet for a swingFalling wedge breakout.
Rsi Indicator is at strong zone.
Buy at Current levels.
Target 707 first. If it crosses, 800 is a good possibility.
Keep trailing stop loss now of 660 then the future targets.
Happy investing!
