M&M Can Start new Rally based on Weekly charts. Breakout above 1400 will see good ROI on stock for coming few months. Strict SL can be kept near 1180. Risk Reward can be good 1:4 for investment done for next 6 Months. Happy Trading
SELL BELOW low of brakeout candle with 1:2 minimum take profit
M&M stocks has entered into a curcial zone and is looking bullish with increase in delivery percentage... can be a good buy Holding Period - few weeks/months targets- Long
In the context of technical analysis, a flag is a price pattern that, in a shorter time frame, moves counter to the prevailing price trend observed in a longer time frame on a price chart. It is named because of the way it reminds the viewer of a flag on a flagpole. The flag pattern is used to identify the possible continuation of a previous trend from...
We Can See Three White Solders in Daily TF near support zone Followed by Consolidation Candle Inverted H& S in 1 Hr TF And Dynamic Trendline Breaking Any Dip an be considered as buying opportunity keeping SL as 1135
Mahindra and Mahindra Limited is an India-based company that is primarily engaged in the mobility products and farm solutions. The Company’s segments include Automotive and Farm Equipment. On weekly time frame , the Chart is making a Broadening Triangle Pattern . A Broadening Triangle Pattern can be characterized as a bullish reversal pattern. This pattern is...
M&M has given strong breakdown below the crucial support zone. We can take a swing trade here. Entry: We can go long on open of next candle. Stoploss: We can keep stoploss above the support zone. Target: We can keep target near the next support zone as marked on chart. Please Like & Follow Me.
Weak Stock : M&M Sell At Cmp 1270.45 SL - 1326 ( Day Closing Basis ) Target - 1190
NSE:M_M is a good stock from the auto sector on a daily chart we can see the rounding pattern, so one can add this stock for the very short term target of 960
More than 4 months consolidation happened in a band . Stock is above 50 DMA and nearer to 6 months high. Strong chance for an explosion
M&M was traded within a range for long time and comfortably broke out the range today with huge volume . Go Long for swing trade if opens and sustains for a 5min candle above 1380 or wait for retest to previous resistance 1367 price levels. Target will be around 1420-1440 Happy Trading
M&M was traded within a range for long time and comfortably broke out the range today with huge volume. Go Long for swing trade if opens and sustains for a 5min candle above 1380 or wait for retest to previous resistance 1367 price levels. Target will be around 1420-1440 Happy Trading
M_M Short Selling Recommendation Introduction: This report aims to provide a technical analysis of M_M stock and a recommendation for short selling the stock in the short term. The analysis is based on the latest charts and indicators, and is intended for investors and traders who are looking to capitalize on market movements. Background: M_M is an Indian...
M&M ( leading auto sector brand ) is making a head and shoulder pattern in its daily chart and could go below 1000. One can buy january puts or short future according to thier risk management ...... This is only my assumption please do your own anaylsis before trading..........
Hi Traders , Good setup for buy . Entry - 1265 Target - 1305 Sl - breakout the support Wait and Watch ...
I am extremely bullish on CNXAuto/NIFTYAUTO! It is forming a flag pattern Making higher highs with correcting RSI Current consolidation might last few more months Target 16000 Currently correcting on 4M timeframe Top constituents by weightage Mahindra & Mahindra Ltd. 20.36 Maruti Suzuki India Ltd. 19.97 Tata Motors Ltd. 11.67 Eicher Motors Ltd....
M&M has formed a Head and shoulder pattern on top and its neckline is forming at 1217. A close below these levels might gave more immediate downside till 1120 levels. Also a break of long term trendline already broken shows some weakness at higher levels. Happy Trading :) Disc: Chart posted only for learning purpose.
After testing the demand zone couple of times & based on weak price action and RS, it looks highly NSE:M_M unlikely that it will go up, on the breach of 1229, I would be expecting 1120 thick and fast.