GO LONG IN MAHINDRA & MAHINDRA AS TRENDLINE IS BREAK RECENTLY HINTING POSSIBLE MOVE UPSIDE TILL CLOSING ABOVE 330 LEVELS.
First hour ,355 level should be watched carefully.
BEST POINT IS MARKED WITH TICK SELL BELOW GREEN LINE AND CAN BUY NEAR 503 WHICH IS HUGE SUPPORT STOCK HAS TAKEN SUPPORT 4 TIMES AS SEEN WITH GREEN TICK AND PINK CHANNEL HAS BEEN BROKEN ON CLOSING BASIS STOCK HAS TO ENTER THIS CHANNEL AGAIN TO GO UP TILL 595 TRADE AT YOUR OWN RISK
1. M_M BS IV cars parts are getting delayed in china production site, it will affect the stock for few weeks 2. Technical analysis shows a downtrend.
The stock registered a breakout this week and have managed a close above the clouds. The RSI has moved into the bullish zones with MACD above zero. The stock has become a long candidate an pullbacks. Levels of 560 – 545 may provide support to the stock and it may move up to 580, 590 & 620 levels. If the stock fails to hold itself at 545 levels then it may further...
Sell M&M Finance @ 780 Target 755-50 SL 790 closing
TREND ANALYSIS & TRADE SETUP Follow Chart Instruction. Do not be Hurry for entry. Wait for Proper Entry Setup. Buy/Sell with Best Risk Reward. Educational Chart Only. You can Comment and ask the TREND ANALYSIS of any STOCK/SCRIPT/INDEX/FOREX. Wait for entry setup, if available then Long/short. R:R is 7 to 10 times.
Sell JAN FUT at current level (542) Stop Loss at 1% (547) Book Profit at 530 to 520. Thanks ! Make profit and let me know in the comments...
Buy at CMP 531 Keep SL below 526 For Target of 536 - 546 Rs
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 TARGET ARE GIVEN AND SECOND TARGET ALSO GIVEN IF NOT TAKEN SUPPORT ON TRENDLINE STOP LOSS 537.10