Fib with Trend line Support. Bonus issue on the way 10 Trading Days for Bonus.
Buy M&M above 1280 T1: 1350 T2: 1430 SL: 1253
M&M is moving in a down channel for a while, currently on the edge awaiting breakout/reversal.
Down ABCD pattern on M&M. Trade: Long entry - 1307 to 1316 Target 1 - 1354 Target 2 - 1370 Stop loss - 1280
M&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
Buy ifthe close next hour session is above the red line. Keep stop loss 1372 of for targets 1400, 1415 and 1430
M&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
Target 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.
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.
I hope we know the rules how to play, else refer Tatasteel & India Cements post. Happy Trading !
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 is at crucial support and closed exactly at the support level. Will it bounce back and recover? BB % also looks oversold!
Mahindra 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 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.
Will Mahindra & Mahindra { NSE:M_M } Complete the "head and shoulder Pattern" lets wait ......and move Accordingly... Regards Bibin
Mahindra & 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...