M_M trade ideas
#M&M cash : Looks good in delivery @ 750-755#M&M Cash
17.05.2021
Accumulate in delivery @ 750-755
till 720
for 840/900 in 3 months
(Strong support 720-725)
Cmp 753.55
Cmp 753
Mahindra & Mahindra (Triangle Pattern or Cyclic Double Bottom)Scenario 1: ( Triangle Pattern )
If M_M Price forms Descending Triangle pattern. Then is a Chance for Break out @ down side, If So
Then the Entry Price Should be730
1st Target is 681.25
2nd Target is 663
Stop loss is 742
Scenario 2: (Cyclic Double bottom )
If The price Breaks above 781
Then the entry price is 781 after retesting the Zone from 798.
Target is 823
Stop loss is 766
MAHINDRA & MAHINDRA 1(D) CANDLE TRIANGLE PATTERNM&M 1day candle
Swing low
Triangle pattern
Minimum Stop loss
Trading is probility
WATCHOUT FOR BREAKING OF NECKLINE SUPPORT HEAD AND SHOULDER PATALL ANALYSIS HAS BEEN GIVEN IN THE CHART ITSELF STOCK IS BOUNCING BACK FROM THE SAME SUPPORT SEVERAL TIMES .HENCE TRADES CAN BE TAKEN BELOW THE SUGGESTED NECKLINE LEVEL WITH A STOP LOSS OF AROUND 757.5. FEEL FREE TO MESSAGE ME IF ANY CONFUSIONS OR DOUBT ARISE.
#M&M Falling wedgeIt has formed a falling wedge which is re-testing the trend line exactly at 61.8 FIB level. A breakout will result in an uptrend for the next few weeks.
We have given you all the possible outcomes in case of a breakout.
Educational purpose only - kindly do your own research.
Good Luck.
M&M INTRADAY ANALYSISM&M share price forming Head and shoulder-like pattern and finding support at neckline area.
🚙 #mahindraandmahindra #m&m #niftyauto NSE:M_M
if one can find reversal at harmonic PRZ then only go for long with stop loss which comes at X point as mentioned.
******whatever charts or levels sharing here are just for educational purpose only not a recommendation. please do your own analysis before taking any trade on them. we are not SEBI registered.
M_M | Accumulation Then Biggest Breakout with volume Ever !!!!✈✈Positional Trading opportunity ! Weekly Chart Alert !
NSE:M_M
Technical Reasons to trade :- 🧢
1> Big breakout
2> Huge volume ever M_M recieved
3> Accumulation for 17 weeks straight
4> Retracement areas are shown through arrow.
Some fundamental NEWS :- ⛳
1 )Mahindra & Mahindra Unit Set to Manufacture New Tractor Series for Domestic and Global Markets
2) Mahindra & Mahindra UK Arm Acquires Three Companies
3) Bank Of Baroda Partners with Mahindra for Tractor Finance
--CMP =738
--Lot Size = 1400
--Target = 932 ( 30% )
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COMMENT Below your view !
Falling Wedge Pattern - Expected to give a breakout soonWatch out the chart for multiple bullish confirmations
M_M formed good triangular patternTriangular pattern
Enter with proper risk to reward ratio
follow @prmshwrn to get more patterns and analysis.
#M&M cash : Looks good above 772.10#M&M cash
09.05.2021
Looks good above 772.10
stoploss 762
Target 784/798
Cmp 768.40
bullishim posting all my analysis for my own study ,, plz dont take them personally ....before taking trade ask your experts
WXY DONE,NEW IMPULSE OR SECOND CONNECTOR WAVE X.EITHER WAY LONGCURRENT STRUCTURE:ABC ZIGZAG OR NEW IMPULSE
CURRENT LEG:WAVE 3 OR WAVE C
ACTION:GET LONG @ CMP 790,SL:770,TGT:875-898.
DISCLAIMER:There is no guarantee of profits or no exceptions from losses. The study provided is solely the personal views of my research. You are advised to rely on your judgment while investing/Trading decisions. Past performance is not an indicator of future returns. Investment is subject to market risks. Seek help of your financial advisors before investing/trading.
I may or may not trade this analysis
swing trade - pullbackstock is now at a good support and also waiting for a good trndline breakout ,,, cmp shows a good reversal and a potential for breakout ,,,, watch out
