M_M trade ideas
M_MQuick Entries and Swift Exits
Timely management of trades based on concept understanding and realtime indicators.
Mahindra and MahindraLevels for my personal reference and monitoring. Not an advice to anyone; whosoever
Swing Trade in Mahindra & MahindraRSI Divergence can be clearly seen.
Can short at CMP for TGT of Rs 901
M&M 1D TFM&M finally touching the support zone of 730-735 level. It is ready to break the trendline and reach the respective targets. keep an eye on this stock.
CMP :- 758
SL :- 710
Target :- 930+
R:R :- 1:3.6
Double Top.... short it...It made a beautiful double Top... expecting it to go further down.... around 850 levels.
Disclaimer: Not a recommendation.....Only for educational purpose...
PRICE ACTION ZONE : M_MM_M is very close to ALL TIME HIGH, Wait for Price Action and take Entry at RETEST as it helps to avoid False Breakout and For Aggressive Trader take 1/3 rd of your QTY and Later On add at Retest and Take SL at 1ATR from Support or 20 EMA
Cup & Handle | Long | Positional M&M
Cup & Handle Pattern Near Breakout on Weekly Time Frame
its Positional Long Term
Buy : 960
stop loss : 841
1st Target : 1036
Final Target : 1159
RR - 1:2
M&M - Will it outperform indices ??Nifty Auto is relatively stronger than Nifty 50
M&M is also relatively outperforming Nifty Auto and Nifty 50.
Above 975 it will be in uncharted zones.
Initial targets expecting : 1100+
Time frame : short to medium
SL : 900
Bearish Crab Pattern Form In Mahindra and MahindraBearish Crab Pattern Form In Mahindra and Mahindra, Current reversal at Perfect Zone Expecting Target Of Fib. Retracement Level T1 0.382, T2 0.50, T3 .618
M&M Cup and handel pattern formation in progressCup and handel pattern confirmation once the stock sustains above 960 levels, the stock showing good strength in recent market correct and likely to outperform the market.
Can enter M&M around CMP @ 937 and pyramid above 960 levels
Maintain SL @ 870 on daily closing basis
Do your own analysis before investing
M_M - BULLISHExcellent Volumes in previous 2 sessions
Turn around from previous Resistance turned Support Area
Turn around visible in MacD too
Buy on any pullback (Near 880/900)
View negated with any close below 848
New highs expected in coming days
Risk to Reward Moderate
M&MM&M, This stock has taken support from lower Bollinger band and 40DEMA in daily time frame.
This stock has given breakout from resistance trendline in daily time frame along with good intensity of volume, also same candle closed above 20DMA.
Wave structure is also suggesting and supporting same view to go long.
Indicators supporting are mentioned below in snap shots.
Overall, one can go long with mentioned stop loss in the chart.
Weekly MACD is positive, uptick and above zero line
Daily MACD is now uptick above zero line and converging towards positive
rsi in weekly is uptick above 60 levels
rsi in daily is uptick above 60 levels
dmi adx is positive ungali setup in weekly
dmi adx is converging towards positive ungali setup in daily
Breakout with good intensity of volume in daily
Disclaimer
I am not sebi registered analyst
My studies are for educational purpose only
Consult your financial advisor before trading or investing
I am not responsible for your profits and losses
mahindra and mahindra chart analysismahindra and mahindra chart analysis for intraday and swing trading
Bulish flag pattern Mahendra & mahindra
Automobile and tractor maker Mahindra and Mahindra on November 9 reported a 214% percent year-on-year growth in profit at Rs 1,929 crore for the quarter ended September 2021
M_M - Potential Cup & Handle formation - Swing TradeThe analysis is done on daily TF hence price may take few days to few weeks or even months in order to reach the targets.
Trade setup is explained in image itself.
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.
Mahindra & MahindraBullish flag pattern in Mahindra & Mahindra. wait for the breakout with high volume
M_M Quick Short SetupLevels mentioned on chart
Its a breakdown from a triangular top, and conjugates with trendline break
