Key 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.
After following the similar structure M&M is back in consolidation mode, But which way is it breaking this time??
Stock 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 Expecting 1300 level in few sessions.
The stock is in uptrend with Auto Sector on Fire!! The RSi is above 65 and the next targets are shown on chart.
Expecting 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 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 analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets. Trade setup is explained in image itself. The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade Checkout my other ideas to understand how one can earn from stock markets...
Hello traders , here is the analysis for this stock let me know in the comment section below if you have any questions , the entry will be taken only if high of today is taken out. wait for more price action to develop before taking any position . I suggest you keep this stock on your watchlist and see if the rules of your strategy are satisfied... Keep trading...
Coming out of a 28 week consolidation, where it also formed the inverted head and shoulder pattern, the stock broke its 4 year high on the week ending 30 May. Subsequently, in the following weeks it retraced back to its breakout level before bouncing back to settle at 1072 this Friday. The stock is above the key weekly EMAs of 10, 20 and 30, in uptrend and a...
The analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets. Trade setup is explained in image itself. For broader view - see this image The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade Checkout my other ideas to...
M&M CMP: 1028 - A strong reversal candle has been seen today near retest zone
Gaps pending Upside: 1043.9 Downside: 953.55 Supports: 982.95 (Very Imp) / 971.75 / 960.75 Resistances: 1008.6 / 1017 (Very Imp) / 1029.75 Note: OI & Volume to be considered in all the trades. Conditions applied: Con 1: If we witnessed Gap up opening nearby 1008.6, Wait for breakout & then take long position accordingly with the given levels, Initial target...
Stock facing Resistance at 1060-1030 Levels. Failure to cross these levels will help Bears push prices lower.
Rsi divergence, Big resistance, stretched EMAS, are the reasons why I'm taking the short. Lets see how it goes
M&M- Inverted Head & Shoulders Pattern Breakout Daily Time Frame. Only Education Purpose .
Breakout with very high volume on weekly timeframe in Mahindra & Mahindra
📈 M&M 📉 My Findings :- 1. Breakout from downtrending trenline zone. 2. Higher High and Higher Low Formation. 3. Close Above March 2022 High. Bias- Long Target- 901 and 960 SL- 822 RR- 1: 2.5 All Important Supports and Resistances are drawn in chart. All levels are on closing basis. Please have a look and revert back if you need some more study on...