Good chart structure
Stock in blue sky zone
Closing in green since 5 trading days
Target 2100/2200
Stop loss 2060
I am just representing my views
For educational purpose only.
Can buy above friday's high i.e. 1392
stock has made a morning star pattern on retest.
target is mentioned in the chart.
Trade as per your own risk.
I'm not responsible for any kinds of your profits & losses.
I am not SEBI registered analyst.
Mahindra & Mahindra has formed a bullish head and shoulder pattern along with rounding pattern, but the concern is that bullish pattern should formed in downside or downtrend.
But here pattern formed in uptrend.
Point to be noted that head is formed with morning star candlestick pattern.
Entry on closing basis above 2000
SL below 1890
Target 2200
RRR...
On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early...
On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early...
the stock is falling from its all high level
reached the parallel channel upper trend line and falling now
the fall also because Rs. 2184 block deal today on 7.3.24
this analysis is for learning purpose only.
It is just a view, please trade at your own risk. I'm not SEBI registered adviser.
M&M has formed classical inverted head & Shoulder pattern breakout. Trade will be only active when it retest the price. RSI is also suggesting over bought zone so it must come for the retest.
On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early...
