#Mahindraandmahindranow is working on resistance level, just wait for break 766 level with high volume.
M_M trade ideas
#MnM #M&M - Next after Maruti#MnM #M&M - @ CMP 763 looking good till 793 as of yet, just long as it can stay above 750.
MAHINDRA & MAHINDRA IS IN TIGHT CONSILADATION (ANALYSIS OF M&M)A breakout from a consolidation pattern signals a victory by either buyers or sellers over the other. Standard breakout trading techniques include buying long and covering short when prices break through the resistance level, or selling short and covering long when prices drop below support. More conservative traders look for some confirmation before entering these trades, either through analytical tools or continued price action.
Consolidation Strategies
It is common for a support level to become the new resistance point after a bearish breakout and for a resistance level to form support after a bullish breakout. Sometimes consolidations show triangle or pennant patterns, making it possible to execute continuation strategies.
Before determining how to trade a consolidation, identify how long the pattern has held. There are no appreciable time restraints on a consolidation. Intraday consolidation can last for only a few minutes or hours. If you look for active intraday trading, consult technical analysis software for dynamic information updates. Some consolidation patterns last for days, weeks, or even months or years. These patterns are susceptible to false breakouts, making it important to seek confirmation of prices before looking to capitalize on a trend.
Countertraders and contrarians can still trade on narrowly consolidated stocks, but there is often less room for profit due to the small range.
Triangle pattern in M&MM&M can be traded after successful breakout in upside above 800 and downside below 725.
M&MFor tomorrow i will sell m&m
at Entry - 746 (when it trade that price arleast 5-10 min)
Target - 741
Stop loss - 751
M&M: Low Risk Setup for swingStock near strong support.
Limited risk but can give handsome gains in short term.
M&M Swing Trade Idea#M_M : Swing buy between 764-765 with SL below 757 for targets of 775, 785 and 792 as targets. #Swing #Positional
M_M Long Tread In DTF the price has been in a UT, now the price is forming a Descending Triangle Patten in DTF, Price has given a BO today of the TL indicating a new Up Trend, Once can enter now at 795 levels with half qty and reming after retest of TL.
Enter @ 800 or Retest of TL
SL @ 766
TGT @ 871
Swing tradeEXPLANATION : This is a Daily time frame chart of M_M . The stock has been exact Demand zone , It has formed a Descending Triangle Pattern , Double Top Pattern on 4 hr time frame , If stock has been break the zone with high volume & Retest Demand zone , ( Support Become Resistance ) Go short . If taking Support at exact zone , I am seeing a very good buying opportunity in M_M . Enter as per your setup and sit tight to achieve the maximum target .
Mahindra & Mahindra - Trendline Break All trade ideas provided are the opinions of the publisher and should not in any way be considered as financial advice. Please do your own research and consult your advisor before investing in stock markets.
MAHINDRA&MAHINDRA (M_M) SWING TRADE DAILY TFM_M is given a breakout of the trendline and came to retest the levels. It can be a good swing trade .Go long after breaking the resistance and targets are marked on the chart. Please comment down if you enter the trade.
Elliot wave Analysis # Bearish SequenceMAHINDRA & MAHINDRA, Elliot Wave Outlook
Bearish Sequence
Market Cap: 89,821 Cr, PE: 49.56
Confirmation to Sell @ 768 to 775 odd levels
Invalidation level @ 804
Swing Target: 726, 710, 681
Holding Period: 1 to 20 days NSE:M_M
Disclaimer: Investment/Trading in securities Market is subject to market risk, past performance is not a guarantee of future performance. The risk of loss in trading and investment in Securities markets including Equites, Derivatives, commodity and Currency can be substantial. ... Investment in markets is subject to market risk.
Descending Triangle pattern breakout- Ticker- M_M
Pattern indicator -Descending Triangle pattern .
Action - Go long once the price hits the key Monthly and Weekly levels and breaks the trend line.
Target- Target 1 and 2 as shown in the image
Disclaimer- For educational purposes only
Bounce off the trend line, 3.5%, R:r 1.22:1Kept the target small, trail sl according to your trading style until the stop is hit.
Mahindra & MahindraPut on watch list Mahindra & Mahindra, it near 1 D 200 EMA & making a triangle pattern.
M_M | Stable stock, looks good for 35% upside?Weekly Chart - Broke the previous solid resistance and stable upside now.
CMP : 590
SL : 550
Target : 800
Beautiful 1:5 risk reward setup. Looks good for accumulation, since it is weekly pattern it may take few weeks to month to reach the target.
I love F&O stable stocks like this which respects proper support & resistance , so that we can create some option strategies and maximize the profits additionally.
(P.S : Previously shared this stock few weeks ago but for some reason it is deleted so posting again)
M&M - Good Swing Opportunity - ProbabilisticIf the price breaks OUT above the trendline after 3 rejections, can give a good upside move in a short span.
Buying AFTER BREAKOUT around 790/800 for a target of 850/900+ with prescribed SL can be a good trade plan.
Mahindra & Mahindra - Bullish Breakout # Stock has corrected Price wise almost 230 points and time wise almost 200 Days
# Now price has given trendline breakout 2 days back and now retested the same trendline and formed Hammer on it (Bullish Sign).
# Closing above 795 can we go long for targets of 845-855
Buy = Above 795
Targets = 845-855
SL = 772
** ASK YOUR FINANCIAL ADVISOR BEFORE TAKING ANY TRADE
THIS IDEA IS PURELY FOR EDUCATIONAL PURPOSE **
