Head and Shoulder formation on daily timeframe.M&M is in showing formation of H&S formation on daily timeframe.
Target on lower side is 1150.
Mahindraandmahindra
head and shoulder + RSI divergence in M&Mbeautiful pattern in mahindra &mahindra chart
short opportunity
waiting for high volumes and breakout of nickline
NSE:M_M
M&M on a HnS Pattern, Confirmation of reversal !!!On 14th I had shared an idea that up side move on M&M is about to complete and we may see some downside move in this scrip.
The scrip tried to move up but failed to hold at higher level and now its formed an HnS and can be entered on breakdown.
#Note - The idea is shared for educational purpose and not a trade recommendation, Please trade after consulting your trade advisor. We don't give any assurance of profit or loss.
M&M Note : Trading in any financial market is very risky. I post ideas for educational purpose only. It is not financial advice. Do not hold us responsible for any potential loss you may incur. Please consult your financial adviser before trading.
M&M - Reverse Flag ? NSE:M_M
Reverse Flag pattern breakout given for sell side
Sell with Stoploss - 1280
Target - 1215, 1185, 1168
Watch for a Resistance Breakout - M&M FinanceThe stock looks good above 203.50.
Wait for the resistance breakout to take entry.
Levels are mentioned in the chart.
M&M - Trading at supply zone ? NSE:M_M
Mahindra & Mahindra facing trend resistance in the monthly time frame, which would be seen as great shorting opportunity for the short period
Chart indication - Sell
Stoploss - 1340
Target - 1230, 1195, 1080
M&M - reversal/correction As shown on the chart, an evening star pattern is formed on WTF with good volume.
Targets are as mentioned on the chart.
This is my view and for educational purposes only
Let me know your thoughts in the comments section below
MAHINDRA AND MAHINDRA LTDMAHINDRA AND MAHINDRA LTD GOOD FOR SWING TRADING
This stock support at trendline and movingaverage44
buy 1270
sp 1190
1 target 1340
2 target 1400
Auto Index in a cup and handle Pattern Preparing for a big rally, keep auto stocks in radar specially Maruti,
M&M ALL TIME HIGH BREAKOUT
M&M is Trading all time High Between the range of 120 to 1285
The Stock Gives a Breakout from the range and make new all time high close at 1310
If it sustain at this levels we can see further upwords moment in this stock
M&M consolidating, A close above 1300 would bring 1500 easily.NIFTY auto is gearing up to fire on all cylinders and M&M is no different, consolidating in a parallel channel waiting for the breakout!!
M_M BULLISH MOMENTUMMAHINDRA & MAHINDRA looks bullish momentum . Secondary trend breakout with retracement confirmation. Concentrate uptrend channel rally may continue towards primary resistance.
Mahindra & Mahindra_long way to go !! THREAD ON MAHINDRA & MAHINDRA
We are on the Weekly TF of Mahindra & Mahindra--
We have done the counting since the origin as per Elliott Wave rules.
Wave(1)of 1 completed@ 417/-
Wave(2)of 1 got completed in form of simple correction@312/-
wave (3) of 1 got completed in the form of normal wave 3 & got completed@ 717/-
Wave(4) of 1 got completed as a complex correction and got terminated @ 561/- approx.
now after the completion of entire cycle @ 994/- entire structure got retraced in form of WAVE 2 (corona low) @212.
Marking for cycle wave -1 & 2 got done in shared chart.
I have also shared the projections for wave (3) in Red & projections for wave 5 in Blue (Fib calculations)
Now, Its time for wave 3 to unfold (enormous wealth creator):
Numbering is shared in another screen shot below :
As per the calculation wave 1(3) has been completed 949 & wave 1(3) got completed @677. Now we are in wave 3(3)...unfolding .....
complete chart
Mahindra & mahindra - SELLMahindra & mahindra
Sector: Auto - Cars & Jeeps
Sell with sl - 1305
Target - 1255, 1220, 1190
Time frame (3-5 days)
MAHINDRA & MAHINDRA | RR LOOKS GOOD ON SELL SIDESell if M_M sustains below 1160 for the lower marked targets on the chart.
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
M&M Fut intraday for tomorrowKey Reference Points for Mahindra & Mahindra Futures for tomorrow i.e. 7th Aug 2022.
These Reference Points can help one to initiate or exit a trade.
I am not Sebi registered.
This is for education and research purposes.
M&M consolidation breakout, consolidation breakout. & Now?After following the similar structure M&M is back in consolidation mode, But which way is it breaking this time??
MAHINDRA & MAHINDRA - 5th Aug 2022Stock in clear uptrend
Buying pressure clearly visibile in Candlesticks of last two days.
Be Long with Stop below 1220.
Mahindra&Mahindra is broken All time High Mahindra&Mahindra is broken All time High
Expecting 1300 level in few sessions.
Mahindra and Mahindra longThe stock is in uptrend with Auto Sector on Fire!! The RSi is above 65 and the next targets are shown on chart.
Mahindra & Mahindra - Swing Trade SetupExpecting M&M stock to correct after very good upside rally and recent consolidation . overall there is big resistance to market on M&M with recent opening highs. hence expecting correction to set in .
Take Sell Trade only below 1157 (cash levels) either in futures with your risk permits or with options . Stop loss must be maintained for entries as given
Mahindra &Mahindra ALL TIME HIGH!!!MAHINDRA &MAHINDRA has reached its all-time high Price in the Daily timeframe. It is moving in Ascending Parallel Channel from March month on Daily timeframe.
On the daily timeframe, it has made four times flag and pole pattern and reached its target also.
As we know, when the short-term EMA is above the long-term EMA then the trend is bullish and for the bearish trend, the short-term EMA is below the long-term EMA. Here Short-term EMA i.e, EMA 12 is above the Long-term EMA which is EMA 50 which depicts the trend has been bullish.
The RSI have showing divergence on multiple time frames.
Disclaimer: This post is meant for learning purposes only. Invest your capital at your own risk.
