M_M trade ideas
M & M buyTaking support at 30 WMA. And going to breakout. Engulfing the privious red candle showing high buing pressure.. Wait for the breakout. Or buying lower aroung 780 - 820 are good for going long at better price.
M&M : Creating an inverted H&S All levels are mentioned on the chart.
DISC: For educational purposes only.
M & M - CMP: 811It has formed Double Bottom pattern on the daily chart, It has taken bottom support and revered. It has built good delivery volume here. Likely to retrace up 780 from its bottom. NSE:M_M
Mahindra & Mahindra - Thursday Trade | 15th AprStock has been pushed back at resistance zone multiple times. Lets see if its successful in breaking it this time.
Good above 817
P.S. Set up fails if stock falls below 805/800 levles
Mahindra & Mahindra good buy above 815
M&M testing its resistance multiple times.
Volumes have been increasing since the 12th of April.
Good buy above 815 level.
M_M BUYAnalysis as explained in chart.
Targets as per chart.
Please use strict stoploss and money management rules.
Please consult your financial advisor before investing.
This idea is for educational purpose only.
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Happy Trading!
M_M :: Perfect buy at this levelIn the daily chart, M&M continuously making Higher High and Lower Low. And it is exactly bounced back from the trend line. Long M&M for the target of 1000.
M_M Long - Bounce from support* M_M at an important support level
* CNX Auto at a support level
* Nifty is bullish
M_M Breakdown ViewM_M ::
Looks Weak
Descending Triangle (DT) Breakdown Done
ReTest (RT) and Breakdown
& now Flag Pole (FP) Breakdown Possibility
Taking Support near supply ZoneM&M taken support on the previous supply zone. As it is testing the zone first time, chances are it can bounce back
M_M AT THE SUPPLY ZONEM_M AT THE RESISTANCE OF 810 IF THAT BREAKS WITHS RSI CROSSING 60 THEN WE CAN EXPECT THE STOCK GIVE A GOOD RALLY OF 2% BUT RSI HAS GOT SEVERAL REJECTIONS AT 60 SO TO BE CAREFUL AND ONLY ENTER IF 60 LEVEL AT THE RSI IS BROKEN OR ELSE CAN ALSO SHORT AT THE RESISTANCE
BUY ABOVE -813 TARGET1-825 TARGET 2-830
SELL BELOW 805 TARGET 790
M_M Descending Triangle breakdown ViewM_M ::
Looks Weak
Descending Triangle Breakdown possibility
Short below 780.5 with SL 785
INTRADAY If sustain above 805 then price move to 813/820/830+++
if sustain below 783 then price move to 775/765/755+++
