Mahindra Holidays breakout markets are positive and hotel industry is on verge of breakout. a great trade opportunity.
targets will be 15- 20% for swing trade.
MHRIL trade ideas
MHRIL - SYMMETRICAL TRIANGLE BREAKOUT 📊 Script: MHRIL (MAHINDRA HOLIDAYS & RESORTS INDIA LIMITED)
📊 Nifty50 Stock: NO
📊 Sectoral Index: NIFTY SERVICES SECTOR
📊 Sector: Consumer Services
📊 Industry: Hotels & Resorts
Key highlights:
📈 MHRIL is giving Symmetrical Triangle Breakout with Volume.
📈 Positive Crossover in MACD.
📈 Stock is giving breakout at upper band of BB.
📈 Slow moving average takes support of fast moving average and bounce back.
📈 Right now RSI is around 70.
🟢 Target 🎯🏆 - 274
⚠️ Stoploss ☠️🚫 - 245
⚠️ Important: Always maintain your Risk & Reward Ratio.
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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Happy learning with trading. Cheers!
MHRILNSE:MHRIL
One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
Close should be good, and Clean.
R:R ratio should be 1 :2 .
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
Ascending Triangle (continuation pattern) Breakout at MHRIL#Ascending #Triangle (#continuation #pattern) #Breakout at #MHRIL (Mahindra Holidays & Resorts India Ltd) weekly chart.
BSE: 533088 / NSE : MHRIL
What Is a Triangle?
A triangle is a chart pattern, depicted by drawing trendlines along a converging price range, that connotes a pause in the prevailing trend. Technical analysts categorize triangles as continuation patterns.
KEY TAKEAWAYS:-
In technical analysis, a triangle is a continuation pattern on a chart that forms a triangle-like shape.
Triangles are similar to wedges and pennants and can be either a continuation pattern, if validated, or a powerful reversal pattern, in the event of failure.
There are three potential triangle variations that can develop as price action carves out a holding pattern, namely ascending, descending, and symmetrical triangles.
Ascending Triangle: An ascending triangle is a breakout pattern that forms when the price breaches the upper horizontal trendline with rising volume. It is a bullish formation. The upper trendline must be horizontal, indicating nearly identical highs, which form a resistance level. The lower trendline is rising diagonally, indicating higher lows as buyers patiently step up their bids. Eventually, the buyers lose patience and rush into the security above the resistance price, which triggers more buying as the uptrend resumes. The upper trendline, which was formerly a resistance level, now becomes support.
ONLY FOR #educational
NOT SEBI REGISTERED. #LEARNEARN (TRUST YOURSELF)
#nifty50 #sharemarket #BREAKOUTSTOCKS #Multibagger #sharemarket #sharemarketindia #sensex #technicalanalysis #Chartanalysis #headandshoulders #doubletop #doublebottom #parallelchannel #relativestrength
DISCLAIMER: I am not SEBI registered analyst. All posts are for educational purpose only. I am not responsible for your any loss or profit. Consult your adviser before taking any trade. I help people to learn technical analysis & charts reading.
Mahindra Holidays VCP Pattern. Buy above 264Mahindra Holidays VCP Pattern, Good closing on daily and weekly close.
MHRIL | Trendline breakout - Looks potential for 15%MHRIL | Trendline breakout - Looks potential for 15%
CMP : 227
SL : 215
Target : 260
Almsot 1:3 risk reward setup
Mahindra Holidays BullishAfter given the trendline breakout, Mahindra Holidays has given minor trend breakout.
Mahindra Holidays and Resorts India LtdIt has breakout from falling channel. Good to hold for long term. Once re-test good to enter.
#MHRIL #ParallelChannel #Bullish #RSI#MHRIL out of a #ParallelChannel volume is not that supportive but #RSI is showing some #Bullish potential. Just for my personal records
MHRIL ON SHORT SELLHello guys welcome back i am on MHIRL as you can see there is a rectangle on this chart so i think it can touch the bottom of the rectangle or it can also it its target and you can see rsi that is too high 70 n 1 is 210 and target 2 is 204 is you want to exit you can on Rs 215 if you don't want to exit you can exit on target 1 or target 2 please like and follow me
Wait for breakout and conformation
Trade own your own risk
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Comment Stock name which you want my analysis bye bye
Mahindra Holidays (MHRIL)- Swing TradeA good bullish candle on top of the consolidation zone
Target 1- 250
Target 2- 264
Multiple Trendline Breakout in MHRILDON'T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm everyday
- Book profits within first 30 minutes of the market opening
- Try to exit taking 3-5% profit of each trade
- SL can be taken when 5/15 min candle close below 44EMA
- SL can also be maintained as 1% or closing below the low of breakout candle
Levels mentioned on the chart are calculated using Breakout Indicator
Now why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Multiple Trendline Breakout in MHRIL
Buy Today, Sell Tomorrow: MHRIL
MHRIL - Round BottomMahindra Holidays :
Looks Good for a breakout
Round bottom spotted
Long above 270 with support at 250
Mahindra Holidya Good for 40% returns Buy MHRIL (Mahindra Holidays)
CMP 269
TGT 278, 300, 330, 370
SL 240
Risk Reward (RR) - 1:4
Potential Returns : 40%
Potential Loss: 10%
Time Frame: 6 Months
Multiyear Resistance Breakout !!The stock has given a multiple year resistance breakout.
The chart is self explanatory.
MHRIL LOOKS STRONGBUY 224-225.50 SL 220 TARGET 234 -DKM SIR
I can see the upmove from here
buy and hold as per your risk
