Mahindraandmahindra
M&M : A vivid H&S in progress (Short term long TGT - 565)NSE:M_M
Go Long as near as 515 - 520 (SL - 513) or above 538 (SL - 530)
TGT: 560 - 565 - 575
Any weakness around any of the above mentioned upper levels will pave way for going short for TGTs of 505-502 levels.
MAHINDRA & MAHINDRA INTRADAY FOR 20 DECEMBER MAHINDRA & MAHINDRA INTRADAY TARGET ARE GIVEN AND SECOND TARGET ALSO GIVEN IF NOT TAKEN SUPPORT ON TRENDLINE STOP LOSS 537.10
Double Bottom (Volume Confirmation)M&M looks good for investment (buy on dips). Targets and SL mentioned in Chart.
mahindra & mah finance NSE:M_MFIN
BEST STOCK TO MAKE SOME REAL QUICK MONEY
SHARING CHART WITH LEVELS FOR DAY TRADING AND HERE IS THE CALL DESCRIPTION BELOW -
SELL SETUP -
we have a strong major support around 324.2
if it breaks then we can enter on sell side with targets 319/313/305 (always use trailing stop method to maximize your profits)
stop-loss is depends on tomorrow opening but for now 330
BUYING SETUP -
As i said we have strong major support around 324.2
if this support is being test and we see a pull back than we can buy above 330 level for the targets 334/338/342 and stop-loss would be lower low candle near major support
BTST TRADE IN M&M !!(DEC FUT)!!BTST TRADE IN M&M !!(DEC FUT)!!
VIEW:-
-SHORT COVERING
-SCALPING WITH MOMENTUM
-GOOD RISK-TO-REWARD RATIO
TRADE VIEW
DEC FUT
BUY@545
STOP@537
TARGET@558
LOT:1000
QTY:2
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
