Mahindra & Mahindra finance_300+ mark in coming 1-2 year of timeframe...accumulate at 120-140....
Anticipatory trade, so position size and risk per trade should be less. Please do your own research before trading or investing.
I guess M&M Fin is going to breakout for good Mahindra Finance
M&M finance is trading at a critical level of 132, which is a confluence of 20 and 50 EMA. Also, it is trading at the lower end of rising channel, from which a bounce can be expected. Keep a strict stop loss between 125-127 for first target of 142, translating into a potential upside of 6% Also, while the earlier breakout was with high volumes, the fall was made...
Short below 175 (wait for a close below) for targets of 170 and 165. Wait for the confirmation of breach of channel trend line suggested in my last analysis
M&M finance is making a 10 point move almost daily, albeit within the price value area with a few tails and excesses being quickly brought back into the area. The control price and the value is marked on the chart.
Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
M&Mfin has ready to go upside and the awesome oscillator shows the strength in the upside and closing is 166.55. Buy above 169 and stop loss is 164 and target is 175-180-185+. If close above 185 then come to 192-200 again.
Trading in the range. Cutting the trend line may give fresh breakout. This is my First analysis. Kindly verify.
M&M Finance is now poised to cover larger grounds, and is a perfect buy for target of 180. Vixfix is on the reduction, while OBV is considerably increasing - Highly Recommended
MAHMF range bound if 145 immidiate resistance if broken....target are 155 - 166.
In some previous trading days exact 50% retrenchment done successfully next shown here.
There is a perfect correlation in the direction of movement of these two stocks, all the way down to 15min charts !
POSSIBLE REVERSAL AT 110. Current the stock in downtrend. Might go till 110 level but Bounce back after that.
has the momentum to carry towards 151.8 and breaking resistance 163.25 can reach 171.4
NSE:M_MFIN if nifty finance sector goes still weaker then we can see the levels of 150 and then 138 again
NSE:M_MFIN THIS IS STILL STUCK IN A RANGE . LETS SEE SOME CORRECTION IN THIS