SwingIt's good stock for swing trading, it should come to my support level nd give a bounce back after too much fall nd the risk nd reward ratio will be 1:2.
Don't be so greedy
Cheers🍻
M_M trade ideas
Good place for accumulating the future stockNice resistance at current level for accumulation of this share
Mahindra & Mahindra making Lower Low Lower High Pattern on DailyMahindra & Mahindra making Lower Low Lower High Pattern on Daily Chart
Mahindra & Mahindra
Forming Lower Low Lower High Pattern
CMP 853
Short sell at 870
Target 800
SL 900
#M&M cash : Resistance 870-880 and sup 820#M&M Cash
23 Feb 2022
Resistance at 870-880
Support at 820
Learn Elliot wave Zig Zag patternMahindra _Mahindra one hour current chart Zig zag correction
normal Zig zag correction show if wave A low not break see my chart learn Zig Zag correction find live chart
-> Daily chart Zig Zag patterns formation
it look like GABRIEL INDIA CHART Zig Zag correction
WAVE FORMATION
WAVE A ]show yellow colour circle --> in inner wave 5 wave sturture .i am count 1,2,3,4,5 in black colour
WAVE B show yellow colour circle --> in inner wave 3 wave sturture .i am count a,b,c in red colour
WAVE C show yellow colour circle ---> in inner wave 5 wave sturture .i am count 1,2,3,4,5 in black colour
Rules and objectives:
1--> zig correction first rule wave A down 5 wave sturture
2 --> Wave b up side move corrective phase 3 wave sturture
3--> Wave c direction again down side 5 wave sturcture
4--> Wave b upside not be more than 0.618% than wave A
5--> Wave-a should not retrace more than 61.8% of the previous Impulse wave of one larger degree.
6-->Wave-b should retrace at least 1% of wave-a.
7.--> Wave-c must move, even if only slightly, beyond the end of wave-a
see type of Zig Zag correction Line chart
M_M (12-02_2022)my favourite stock break out this day
complete correction according to eliot wave analysis
buy 855 and stoploss 840
M_M (12-02_2022) daily chartthis stock breakout daily chart
buy 855 and stoploss 835 daily base
candlestick or resistance breakout trade
Thar me Jaan h? #Mahindra@prafulgogri5
Chart looks positive to me, a lot of observation is there but will explain it later on, please use the lines for you Stop and Targets.
please refer to the chart.
Gratify if you appreciate the practice then you can like it, share it and
If you want me to investigate any chart for you then would cherish doing that for you.
Thank you for your time and support.
Stay safe.
Mahindra and Mahindra extreme Long M&M is long with minimum lot less downside risk at 30 min. time frame
trade with the target of 200 moving average
WAIT till candles give retest on 50 moving average
m&m CHARTSMahindra & Mahindra
looks bullish from here.
expecting target 850
sl 790
only for educational purpose.
Swing trade setup for MahindraWatch above 890
Resistance 990
Support 850
Chart and levels only for education purpose.
How to take Head n Shoulder Pattern Trade
This is a Way to take trade with Head and Shoulder. Once completed pattern wait to retraced the market after that take trade as per candlestick pattern. Stop loss as per Candlestick pattern.
Feel free to share your feedback and queries.
If you want to know about your stock please mention in comment.
Note: This is not Paid only for Educational purpose.
A sign of Tremendous Buying Pressure after Fall. (Tutorial)Hello Traders,
Please keep this lesson in Mind always. In Mahindra and Mahindra we can see that on 25th and 27th January stock opens at lower levels but closing are green this sign shows that buyers are active and bears are confused and not taking any positions. Also, on 27th January opening of candle is below and closing is above previous candle. Which shows that bulls are taking over bears. Here, all these things is happening at the support line of Triangle pattern.
Keep Trading. Good Day.
MAHINDRA & MAHINDRA | NEO WAVE FORECASTHi
This is our weekly forecast, in this we are updating our weekly neowave view for bank nifty and 8 stocks. If anything changes in the count we will update you next week
if you have any query, than write in comment box.
Thank you.
M&M IS IT READY FOR BREAKOUT?? TRADE OR INVEST wisely.
WE CAN JUST PREDICT.
DON'T EXPECT 1700++ QUICKLY BUT SLOW AND STEADY IT MIGHT REACH..
Disclaimer: I am not a SEBI registered advisor , so before entering on my view plz ask your SEBI Registered Advisor . Profit is your and loss is your.
PLEASE LIKE AND SHARE IF YOU AGREE WITH THE IDEA
M&M level to watch...M & M made a good move today. From now, I am looking into the major line in M & M above 888. Price action wise, it's a fib 0.5 line.
exactly where it faces resistance today look 15m T.F. The month's high is 870.Let's see how it is going to respect the zone.
Mahindra and Mahindra LtdWait And Watch ??
Look for Low risk, High reward, and High Probability setups-
Things to Remember while Trading with the Trend
1. Know what the trend is.
2. The best trades are made in the direction of the trend.
3. Assume that the main trendline or moving average will hold.
4. The longer the moving average is, the better it defines the trend.
5. Wait for the pullback.
6. Don’t chase the market.
7. Don’t fight the market.
8. Even in the strongest trends there should be some retracement.
9. The closer the market is to the trendline, the better the risk/reward ratio is.
10. Use ADX to determine the strength of the trend.
11. Higher the level of ADX , the stronger the trend, below 20 consider the market to be choppy
12. Hold trades longer in a strong trend.
13. Wait for confirmation of a trendline breaking before reversing position.
14. Know where the Support levels are.
15. Place stops outside the Support levels.
Thank You..
M_M Conditional Long Break Out Technically on the daily charts we see major support on the downside @ 803 levels, whereas minor resistance on the upside is capped around 847.50 level.
If breaches minor resistance on the upside and closes above it for 15min , we may see fresh breakout and M_M can Lead towards higher levels around 868/907/959 levels in Short Term.
For Educational Purpose Only.
Follow me For Live Trade Set ups and keep urself updated .
Happy Trading,
Regards,
MD.
