Mahindra & Mahindra is forming a new ATH and has closed above the neckline of the inverted head and shoulder pattern.
The shock on the weekly time frame has given a nice closing near the ATH and on the daily time frame test the 20 ema after taking a retest from the resistance zone then giving a breakout.
Sector and stock both has closed near the ATH. There is a...
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
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...
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.
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...
Sell 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
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...
📈 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...
This is one of the bullish harmonic pattern which is called bullish butterfly. Its also called XABC pattern which is auto enabled in trading view.
Harmonic pattern basically based on Fibonacci retracement. This is a very complex pattern to understand thats why accuracy of trades are higher comparative other patterns.
PRZ - 798-799
SL - 783.9
Target - 821/836/848/860
TRADE OR INVEST wisely.
WE CAN JUST PREDICT.
DON'T EXPECT 1700++ QUICKLY BUT SLOW AND STEADY IT MIGHT REACH..
Disclaimer: I am not a SEBI registered advisor , so before entering on my view plz ask your SEBI Registered Advisor . Profit is your and loss is your.
PLEASE LIKE AND SHARE IF YOU AGREE WITH THE IDEA
On the 1 Hour Chart of MAHINDRA & MAHINDRA, we can witness a beautiful Formation of "Bullish Harami" on the downside levels. Therefore, we are expecting a bullish momentum in the stock in the upcoming trading sessions. Where the stock is being expected to face a resistance initially at around the levels of 853.60, 868.90, and 885.60. In addition to this, the stock...
MAhindra & mahindra Trend Analysis
1. bull flug pattern formation price movemtum
2. not break trend resistance so chance for down side
3. when break the supply demand zone confirmation of up side big rallly target 1 and 2
3. wait period right now chance accmmulation area after strong buy do not miss it
