Mahindraandmahindrafinance
Mahindra and Mahindra Chart Analysis !!📈 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 it.
Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
M&M Finance Chart Analysis !!📈 M&M Finance 📉
My Findings :-
1. Breakout from resistance zone.
2. Close Above 3 Months High.
Bias- Long
Target- 202 and 221
SL- 156
RR- 1: 2
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 it.
Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
MAhindra & mahindra Trend Analysis 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
Simple Trade Setup | M&MFIN |20-09-2021NSE:M_MFIN
Observations:
1) On Daily Time Frame: It has broken and taken support from 200DMA. but closed below it's long time critical zone 179-181 level range.
It is on verge of another breakout if it successfully stay/trade above 180 to 185 level.
Please refer below chart : Daily time frame.
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Trade Setup for Date 20-09-2021:
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.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respsective level considering how price action works near that level.
M&M Financial: At a Very Strong SupportAnalysis:
1) The stock has seen significant correction
2) It is present in a strong activity area from where the stock has previously witnessed support and resistance
3) The stock is also taking a support from the trend line
4) It is also retracing from 0.882 Fibonacci levels
Interested traders can look for confirmation by waiting for the price to breach 165 levels before taking the trade
Tgt 202
Sl 152
Disclaimer: These analysis are only for educational purposes only. You are responsible for your own actions.
Buy Mahindra and Mahindra FinanceBuy and accumulate Mahindra & Mahindra Financial Services for 20%-30% upside in 2-6 months period.
Target levels: 197,222,245.
Low Support Levels: 113, 79
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**Disclaimer: I am not a SEBI registered consultant/Advisor. It is completely my view and opinion. My intention is not to provide any financial advice, training advice, or any type of advices or any recommendations on stock buying or selling. Please do your own research and consult with your financial advisor before taking any action. I am not responsible for any of your action on buying or selling or holding the above mentioned stock or/and index.
M&MFIN | Bullish Flag FormationTarget - 224, 245. CMP - 214.90 BSE:M_MFIN
We can clearly see in the daily chart that it has formed a pole & flag kind of a pattern which has already given a breakout of the 215 levels. If it sustains above this level, we can expect a target of 224 and a further target of 245.