M_M Long !NSE:M_M
Multi year BO level , Weekly Time Frame !
Wait for strong close above the trendline on Weekly basis.
M_M trade ideas
Ready for BreakoutMahindra and Mahindra is near its resistance zone and ready for breakout.
Wait and Watch this stock.
M_MM_M: Looking Good
Expecting Multi Years Trend Line Breakout Above 980
Buy Above/CMP 941.90 Add Every Dip Stop-Loss Closing Below 890 (Safe) 840 (Risky)
Target 990-1040-1095-1150+++
Positional Call
Mahindra Breakout ViewMahindra:
Trendline Breakout done
Approaching Resistance
Long only above 947 with SL 935
Mahindra and Mahindra short term buyTrade stratergy:
Hr retracement done + 15 Min tf trend line formation and head and shoulder pattern formation. when market broken the trend line then enter the trade.
If Mahindra & Mahindra Fail then it will make rising wedge patteIf Mahindra & Mahindra
Fail then it will make
rising wedge patten
this is for educational purpose
Buy M&M….classic ReversalBUY M&M…. BIG SUPPORT near 730 to 740……TARGET 950 SL 730…may Move like INFO EDGE (June) & Havells (July) & Kotak(September)….#Same pattern in all 3 ….Favourable risk n reward…
M & M LONG POSITIONNSE:M_M
Reasons for Long Trade:
1. Uptrend
2. 44 EMA crossing 200 EMA
3. Taking a good Support at 0.38 Fib Retracement
Target -> 950-959
M_M Bullish Rectangle Pattern !!NSE:M_M
#NSE:M_M formed Bullish rectangle, Safe players may check post breakout zone,
and experienced/risky players may check support zones for entry points.
All the levels marked for practice only.
Complete April month performance shared for our friends, check out my signature for details.
Happy LEarning !!
"SHORT M&M"According to price action
It can be swing trade. As there is consolidation in stocks, also M&M has it resistances from its all time high .
The resistances zones can be seen in daily time frame .
These target is based on fib retracement and recent supports .
This is for educational purpose trade on your risk.
Best wishes from green turtle trader.
M_M follow a TREND LINEM_M follow a trend line in small time frame and move slowly slowly upward and now it touch the trend line and given breakout to upward so it may be go up. For Education purpose
M&M ON MULTI YEAR BREAKOUTM&M now on multi yr breakout zones. Above 980 weekly close M&M will surpass 2018 highs. Go long above 980 weekly breakout for 1100 at least
#M_M Long (8 Apr)#M_M Long (8 Apr)
Breakout & retest
Buy at CMP-831
SL- 810
Target- 909, 932, 957
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Disclaimer- We are not SEBI registered advisor.
Charts and views are only for educational purpose.
#Mahindra #BREAKOUTSTOCKS #nseindia
Mahindra&Mahindra is near Breakout Mahindra&Mahindra is About Give Breakout and I am expecting 1050 to 1100 target next Month (MAY)
M & M - TRADEVIRALSM&M is moving under consolidation from a long
period of time (i.e : 2021 Jan to Apr 2022)
A good breakout is expected above 940 but its
will come for retest as the RSI is already oversold.
Sharply Rebounded from its Two Years “Multiple Support” ZoneOn the weekly chart, the stock has sharply rebounded from its two years “multiple support” zone of 733-730 levels indicating strong come back of bulls
This buying momentum was observed from 20-day SMA and rebounded sharply Mahindra & Mahindra Limited
On the daily chart, the stock has formed higher top and bottom indicating positive trend
The daily “band bollinger” buy signal reconfirm positive bias
The daily and weekly strength indicator RSI is in bullish mode along with positive crossover which supports rising strength in near term.
The above analysis indicate an upside of 860-885 levels.*Holding period is 3 to 4 weeks
M_M 1 hour Chart ViewIn a 1 Hour Chart we can see 910 as a strong resistance. Over all view is given in the chart. Please do your own analysis before investment. Its purely Technical Call.
