Triangle Pattern waiting for BreakoutMahindra and Mahindra moving under weekly Triangle pattern once its break will see good move.
Mahindraandmahindra
Mahindra and mahindra is at support730 is a crucial support for this stock keep an alert on this level
M_MFIN#M&MFIN (D):-179.35 CMP, looks good for more upsides :)
1) Multi-Breakout :)
2) Volume Breakout
mahindra and mahindraLooks good with a bullish ascending triangle pattern in 15m chart
SL below 747.0
Targets above 770 & 790
STT
Simple Trade Setup | M&MFin | 06-09-2021NSE:M_MFIN
Observations:
1)On daily Time frame It made double bottom pattern and gave breakout on 2-9-2021 and on 3-9-2021 it made bearish candle but closed above the breakout level.
Please refer below chart : daily time frame.
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Trade Setup for Date 06-09-2021:
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Swing tradeEXPLANATION : This is a Daily time frame chart of M_M . The stock has been exact Demand zone , It has formed a Descending Triangle Pattern , Double Top Pattern on 4 hr time frame , If stock has been break the zone with high volume & Retest Demand zone , ( Support Become Resistance ) Go short . If taking Support at exact zone , I am seeing a very good buying opportunity in M_M . Enter as per your setup and sit tight to achieve the maximum target .
MAHINDRA&MAHINDRA (M_M) SWING TRADE DAILY TFM_M is given a breakout of the trendline and came to retest the levels. It can be a good swing trade .Go long after breaking the resistance and targets are marked on the chart. Please comment down if you enter the trade.
Fibonacci Magic for Mahindra!A Fibonacci Retracement of 50% has been seen at 230 levels which are acting for the support.
Mahindra and Mahindra Spotted a very subtle trade idea.
M&M was in a downtrend for a while.
The trend has reversed and made clear higher highs and higher lows.
The stock has also taken support of the 20-period exponential moving average.
This looks like a promising trade for a risk to reward of 1:2.
Mahindra and Mahindra - Triangle Breakout🔴DISCLAIMER
***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******
Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout)
After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
Comments
FY21-22 Swing Trade Idea #150: Long on M&M This is a public swing trade idea (other private ideas accessible through website) and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. We would comment on any further updates on our entry, targets and stop-loss on this idea, so make sure to follow if you want to get further updates. Our objective to help anyone who wants to learn technical analysis using charts. You can post your queries in comment section here and we will try to answer asap.
M&MAll charts/views posted here are for educational purpose only. We are not responsible for any of your profit/loss
M_M - can go for long.M_M is showing a chance for a long trade .
LTP - 791.35
Target - 930
SL - 725
This is purely for educational purpose and I'm not saying anybody to go for this trade. This is my chart analysis.
NSE:M_M
Mahindra & Mahindra Breakout ?Mahindra & Mahindra For Swing Trade after Breakout
1.Breakout Should BE with Good volume
2.We can go long if Price sustain above 790 Levels at least for 20 minutes
TGT- 850 1st TGT
920 2nd TGT
SL- If price closes below 750
*Always Enter With good confirmation & Maintain proper Risk Reward.
******* Knowledge Purpose only ********
I am not a SEBI registered adviser. All the information provided by me are for educational/informational purposes only. ... There have been no promises, guarantees or warranties suggesting that any trading/investing based on any information, will result in a profit or will not result in a loss.
>> Visit My Ideas Page for Daily Stock Analysis & check my previous stock analysis how accurate they are for Swing and Intraday Trades<<
mahindra and mahindra chart analysismahindra and mahindra chart analysis for intraday and swing trading
Low Risk Descending Triangle Breakout in NSE: M_MMahindra and Mahindra yesterday broke out of descending triangle pattern. Today it has taken a pullback and is ready for a possible bull move.
Traders can target Resistance 1 and Resistance 2 and keep stop loss to 55 DEMA.
BUY M&MBuy Mahindra & Mahindra 800-825 Zone
Targets 870, 935++
SL below 725
Trail Stop Loss once in Profits
Disclaimer: All charts are for educational purpose. Please consult your financial advisor before investing.
M&M Inverse H&S Pattern It forms Inverse H&S pattern. can buy 778 if come down 758 add more stop loss748 closing basis target would be 800 and 825
