M_M trade ideas
Triangle - chance for breakoutNext week auto sale result - chance for auto sector bull run - good consolidation - same pattern like ITC
M_M Ready To BlastM_M has been trading in a narrow range since last few months. Now it is ready to break the trendline.
Buy-Above 785
Sl-725
Target-855 930 980
Same kind of setup has been formed in Indusind Bank. I have given the trade of Indusind Bank just before the trendline Breakout. Trade is based on the same setup.
M&M DESCENDING TRIANGLE PATTERN BREAKOUT WITH GUD VOLUMEAs u see on chart. Nice Breakout happening of Descending Triangle Pattern with nice volume
SWING TRADE OPPORTUNITY
BUY ABOVE 800 FOR TGT 850-925+ WITH STRICT SL @ 740
Mahindra & MahindraMahindra & Mahindra keep an eye, the Auto sector can perform well in the coming weeks
Mahindra and Mahindra -- LONG -- SWING TRADEStock has formed a triangle pattern. I would like to enter if stock breaks out from the trend line ( around 802-809 levels ). I am expecting a good target as stock has been in this consolidation from a long time. Target would be the height of the triangle. This my own opinion, kindly trade on your own decisions with proper risk management. Thanks.
M&M For Intraday Short 764-765
With SL 768
WIth target 750-755
Note : Trading in any financial market is very risky. I post ideas for educational purpose only. It is not financial advice. Do not hold us responsible for any potential loss you may incur. Please consult your financial adviser before trading.
M&M breaking out of long consolidation with volumesThe auto sector has underperformed in the last few months, but many auto sector stocks like Eicher, Escorts outperforming, and now M&M looking to breakout.
long position(its only for study)breakout happening in M&M go long 20%-25% within 6 months. ( not a recommendation)
BUY M_M, Ready to fly BUY M_M is looking good above 785 for 10% to 15% move. But wait for a proper breakout with good volume and a proper closing bullish candle. A kind of falling wedge pattern is also forming.
Disclaimer:- This is only for educational purposes please do your own analysis before investing hard-earned money.
Mahindra & Mahindra - 7mth VCP PatternBUY GUIDANCE:
Never buy before 3PM (for positional trading). I have been burnt many times over. Try to buy between 3:15 - 3:30PM, later the better.
SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA
TGT: After a 10-15%+ vertical move, breakdown of 20DMA (on a daily close basis)
SELL GUIDANCE:
Selling in Profit:
Sell earlier in the session when the prices are higher, around 11AM.
Selling at SL:
Give your stock a chance to recover by end of session. If it doesn't recover, sell anywhere between 3:00 - 3:30PM.
Note: I reserve the right to be wrong.
DISCLAIMER:
I am not a SEBI registered analyst. Please consult your financial advisor before investing.
Mahindra & Mahindra on weekly Since last 8 months mahindra & mahindra getting Consolidated and creating A flag pattern , mostly auto sector Shares are underrated and believing to be great reward for investing ones in upcoming yrs.
Trade and Invest on your own my tgt 1000+ and SL 710 around.
Auto giant on a cup and handle formationNSE:M_M
Mahindra and Mahindra is bouncing from it's long-term support zone of 730-755 and has beautifully formed cup and handle pattern in weekly charts. Buying volume is also increasing week on week close to it's volume moving average. Go long on breakout above the handle trendline with the target of 820 in the short-term and 900+ for long-term.
Can XUV 700 Be A GAME CHANGER For M&M ?After consolidating in a TRIANGULAR PATTERN M&M has shown a breakout on weekly time frame chart.
Once it starts making a higher high and higher low pattern on the daily time frame breaking 792 levels it can give a whooping 22% return.
Levels for trading:
Buy if it breaks 792 with a good volume on a daily time frame and sustains above it for the week.
S.L. - Closing below the triangular pattern.
AUTO SECTOR has completed the corrective pattern of a-b-c according to the elliot wave theory and can start the impulsive wave on the longer time frame.
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Happy Trading
Expecting Breakout ✌✌✌This scrip is expected to give breakout as it is on the verge of breakout. So traders keep on your radar to atch the momentum and enjoy the profit. Thanks to all 🙏🙏🙏
swing trade setupsymmetrical triangle formed in M&M in 1Day time frame with consolidating volumes. can see a big up move in coming days!!!
bullish m_mdid you find any pattern in this chart I have observed a flag pattern that is going to break now
M&M - Swing Trade! Long!Simple Flag and Pole Pattern on weekly basis.
Simply hold 3-4 months. You'll get 10-13% average return monthly basis.
Happy Trading! :D
