M&M - Reverse Flag ? NSE:M_M
Reverse Flag pattern breakout given for sell side
Sell with Stoploss - 1280
Target - 1215, 1185, 1168
M_M trade ideas
M&M - Trading at supply zone ? NSE:M_M
Mahindra & Mahindra facing trend resistance in the monthly time frame, which would be seen as great shorting opportunity for the short period
Chart indication - Sell
Stoploss - 1340
Target - 1230, 1195, 1080
M&M - reversal/correction As shown on the chart, an evening star pattern is formed on WTF with good volume.
Targets are as mentioned on the chart.
This is my view and for educational purposes only
Let me know your thoughts in the comments section below
M&MAuto Stock are on move having high relative strength vis a vis nifty 50. M&M and TVS being the strongest of all one can go long on M&M as Ath Breakout with SL of swing low
All though the best entry was at 950 960 zone
Focus on M&MM&M was travelling in a uptrend channel and closed above the channel support line
Go long if opens and sustains above 1250 for the targets given.
On a contrary, if it break the channel support line, then plan for shorting opportunities.
Note: Nifty Auto broke minor trend support and closed on price engaging line.
Keep an eye on Auto sector behavior on monday before taking a trade.
MAHINDRA AND MAHINDRA LTDMAHINDRA AND MAHINDRA LTD GOOD FOR SWING TRADING
This stock support at trendline and movingaverage44
buy 1270
sp 1190
1 target 1340
2 target 1400
Strong bull trend brokenRSI below 50 first time since mid May 2022. Stock may take a breather before further upside.
M&M Mahindra and Mahindra -M&M Mahindra and Mahindra - seems like a good short at current market price. All levels, target and stoploss mentioned in the chart.
Mahindra & Mahindra - ShortM&M on monthly time frame is in OVER BOUGHT Zone. A retracement is much needed for the stock. Shooting star is formed on Daily TF.
M&M - New highs + New launchesThe stock has been the talk of town..after lagging Tata Motors in the EV segment despite spending close to $500M on EV R&D they are now coming back strong.
New launches of cars/SUV's..the CV segment + tractors is doing well too.
Long at current price with stoploss below the 10EMA 1280.
I think there is still upside left..and along with this Mahindra CIE could get some spillover bullishness too.
M&M ALL TIME HIGH BREAKOUT
M&M is Trading all time High Between the range of 120 to 1285
The Stock Gives a Breakout from the range and make new all time high close at 1310
If it sustain at this levels we can see further upwords moment in this stock
M&M consolidating, A close above 1300 would bring 1500 easily.NIFTY auto is gearing up to fire on all cylinders and M&M is no different, consolidating in a parallel channel waiting for the breakout!!
M&M trying for breakoutM&M making flag pattern
good if giving closing above 1300
can buy above 1300 for target of 1400+
may retest till breaout level,stricly follow sl
can keep eye for positonal tradingp
only for educational purpose
M_M BULLISH MOMENTUMMAHINDRA & MAHINDRA looks bullish momentum . Secondary trend breakout with retracement confirmation. Concentrate uptrend channel rally may continue towards primary resistance.
Mahindra & Mahindra_long way to go !! THREAD ON MAHINDRA & MAHINDRA
We are on the Weekly TF of Mahindra & Mahindra--
We have done the counting since the origin as per Elliott Wave rules.
Wave(1)of 1 completed@ 417/-
Wave(2)of 1 got completed in form of simple correction@312/-
wave (3) of 1 got completed in the form of normal wave 3 & got completed@ 717/-
Wave(4) of 1 got completed as a complex correction and got terminated @ 561/- approx.
now after the completion of entire cycle @ 994/- entire structure got retraced in form of WAVE 2 (corona low) @212.
Marking for cycle wave -1 & 2 got done in shared chart.
I have also shared the projections for wave (3) in Red & projections for wave 5 in Blue (Fib calculations)
Now, Its time for wave 3 to unfold (enormous wealth creator):
Numbering is shared in another screen shot below :
As per the calculation wave 1(3) has been completed 949 & wave 1(3) got completed @677. Now we are in wave 3(3)...unfolding .....
complete chart
No good volume to take M&M to further highNo good volume to take M&M to further highs, a fall till its recent low low looks eminent, I’m personally short on this stock since last friday.
trade in Mahindra and MahindraPRICE HAS made a sharp move from 670 to 1303 following a green trendline...now it has reached to level of upper trendline...from where it is supposed to book profit....this will turn to sell trade...when it will cross green line
Mahindra & mahindra - SELLMahindra & mahindra
Sector: Auto - Cars & Jeeps
Sell with sl - 1305
Target - 1255, 1220, 1190
Time frame (3-5 days)
Three white soldiers in M&M weekly chartThere has been a steady rise in the Mahindra stock of about 75% in the past few months after the formation of three white soldiers pattern in the stock
It may present a good opportunity after a minor correction (not investment advice)
As the company's fundamentals are fantastic it is a must have in your radar
Is this end of rally in M&M ???Since Rs. 670 M&M is moving strongly and after almost 100% return in 4 months now looking like the scrip is going to halt the speed as technically the scrip completed the 5th wave of Elliott's theory. Lets see what is ahead.
