M_MFIN: Mahindra & Mahindra Financial Services Ltd
PC-A = PC-B
• Script is respecting the Parallel Channel levels at every levels
• Stronger buying volumes
• RSI entered in 60 Zone
• Relative strength is in Green
• Closed strongly above recent high of 235, also the 52 week high
• Re traced strongly from the recent low of...
Buy Mahindra & Mahindra Financial Services with Stop loss at 196 cmp:207 Potential Targets on upside 230++
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Attached below few Related Ideas posted under my profile in recent time.
Happy Hunting ,
I am not SEBI registered analyst.
My studies are for...
Breakout - Retest - Rally !! M&M Finance Future looks Good, Stock already broke trendline Resistance and Retested The Breakout Levels and heading up again. I am looking to Go Long on M&M Finance Future around 200 Levels for the Targets of 220+ and Stoploss of 189 (Time Horizon 1 Month)
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.
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 Finance 📉
My Findings :-
1. Breakout from resistance zone.
2. Close Above 3 Months High.
Target- 202 and 221
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...
as we can see harmonic PRZ (1=198.790, 2 = 201.05), still far from current price so one can still long till PRZ levels with closing basis stop loss (167.60).
******whatever charts or levels sharing here are just for educational purpose only not a recommendation. please do your own analysis before taking any trade on them....
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
NSE: M_MFIN The upcoming rally would be for such finance stocks. Its is no doubt a fantastic company in the hands of a very responsible man.
Currently the stock is in 2nd Wave of its 3rd Impulse. It is a really good time to accumulate the stock till 131, for the minimum target of 250 level. And in long term it can touch it till 470.
Chart and Analysis
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.
Trade Setup for...
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.
Trade Setup for Date 06-09-2021:
1) Don't Jump in to trade at the beginning of the...
EXPLANATION : 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...