Mahindraandmahindra
Short M&M around 745 with Stop Loss 752 trgt 720NSE: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...
Mahindra & Mahindra Reversal???Fib with Trend line Support. Bonus issue on the way 10 Trading Days for Bonus.
M & M Channel BreakoutM&M is moving in a down channel for a while, currently on the edge awaiting breakout/reversal.
ABCD Pattern on M&MDown ABCD pattern on M&M.
Trade:
Long entry - 1307 to 1316
Target 1 - 1354
Target 2 - 1370
Stop loss - 1280
Mid term buy opportunity in M&MM&M is moving in a parallel channel and now it's available at the lower band with bounce from 100 MA.
Invest for mid term with targets of upper band with stop loss of close below 100 MA.
If you're a long term investor, keep accumulating at the lower band/100 MA levels
M&M - Breakout retestBuy ifthe close next hour session is above the red line.
Keep stop loss 1372 of for targets 1400, 1415 and 1430
M&M approaching crucial point before FY resultsM&M Mahindra & Mahindra approaching a crucial inflection point as per the weekly candles and RSI.
Trade carefully. Maintain strict stoploss and Results week, series end and NIFTY entered bubble zone
If results are positive, go long on futures! Otherwise, add in cash during the dips
M & MTarget according to next resistance matches with the fibonacci's next target.
Triangle breakout on daily chart and rectangle range breakout on weekly chart with great volume.
Keep stop loss at new support as shown in chart.
Mahindra Finance : Results are catalyst ( BSwing - 1)Enter the direction of breakout , usually rising wedges breakout to downside, but lets see. The advantage of anyside breakout trader and not guessing direction is , you can make money on anyside even if one side ( false break ) happens.
Today's BPrime : Mahindra &MahindraI hope we know the rules how to play, else refer Tatasteel & India Cements post.
Happy Trading !
Will it bounce back again like earlier attempts?It seems, M&M bounce backed with healthy volumes and high % returns in a day trade once it goes down. Considering that now again it went down and at support level, can we expect an healthy bounce back again?
M&M at crucial supportM&M is at crucial support and closed exactly at the support level. Will it bounce back and recover?
BB % also looks oversold!
Mahindra and Mahindra formed bullish hammerMahindra and Mahindra closed with forming a nice hammer,bulls have stepped in, we may see further upside in the stock up the next resistance around 1354
Mahindra and Mahindra approaching channel supportMahindra and Mahindra has been trading in uptrend in a channel it closed forming a bearish signal indicating further down up the channel support around 1308 in near term.
Wait And see!!! Mahindra....Will Mahindra & Mahindra { NSE:M_M } Complete the "head and shoulder Pattern" lets wait ......and move Accordingly...
Regards
Bibin
Mahindra & Mahindra to continue downtrendMahindra & Mahindra has been trading in down trend, and trading in bearish channel although there have been some false breakout but it continued in the same direction, it seem to be approaching the long term support around 1110, it closed today on weak sign and may go further down with target of 1120-110. traders may enter short in marhindra and mahindra with a target of 1120 and upside movement may be around 1195 as resistance.
M&M Turning Positive It is been observed on Daily and Weekly chart that the price action is indicating a positive turnaround at the strong support levels ranging from 1100-1160. It is indicating buyers coming back in market and taking control over the price action. It shall further move up to 1200 levels to its next resistance.
Target: 1205
Stoploss: 1150
Risk Reward: 2:1
M&M continue to is bearish journey,touching trend resistance.Mahindra & Mahindra has continued in bearish mode from last three months, it has touched trend resistance and we may see further downward movement in this stock with a target of 1294.00, traders may go short in this stock with a target of 1293.94 for better entry price wait for stock to move slightly upside, after reaching this level we may see further downside until trend changes with breakout. Alternatively we may see this stock to target 1200.00 if 1293.00 breaks.
