M&MFIN- RSI Divergence, result was not good fro past quarterBuy around 152, keeping strict Sl @ 137 on closing basis. Near term target 165, 170, 175
M_MFIN trade ideas
M&M FINANCE: Bullish (Ending Diagonal)This is the most common diagonal that can be found out at the ending of a main trend or main correction. It consists of all the waves 1-2-3-4-5 in a single or multiple zigzags. They can be found placed at 5th wave of an impulse wave or can been seen as a wave ‘C’ of a corrective waves zigzags or flat. After the termination of the ending diagonal , a swift & a sharp reversal takes place which bring the prices back to the level from where the diagonal began.
Trading Strategy:
Buy on cmp , add on dips , keep SL of 150 & look for the target of 173/180 zone
MAHINDRA &MAH FIN M_MFIN give breakout of falling wedge pattern on 4 Hr time frame. After this breakout expected upside rally in this stock. Upside it will give 175 to 190+ target in short term.
Falling wedge Breakout and New Higher HighThe stock has given an excellent breakout with a new high formation. The levels are marked in the chart.
M_mfin - End of Bear RunAll other Finance Stocks have shown good pull back from lower levels
Finally a Start of Uptrend seen with Good Volume Pickup
If the trend of the Mkt Sustains We may again see 200-215 levels in the near future
Buying on Dips recommended
Trend positive till 152-54 is not take out again with High volume
[POSITIONAL] M_MFIN LONG BET risk: Reward ratio is 1: 2
Rest as per Charts
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Note -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells “where” to act in “what direction. Unless it triggers, like, let’s say the candle doesn’t break the level which says “Buy/Sell if it breaks”, You should not buy/sell at all.
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I use shorthands for my trades.
“Positional” - means You can carry these positions and I do not see sharp volatility ahead.
“Intraday” -means You must close this position at any cost by the end of the day.
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Always follow a stop loss.
In the case of Intraday trades, it is mostly the “Low/High of the Candle”.
In the case of Positional trades, it is mostly the previous swings
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M_MFIN HOURLY CHART SETUP 🎊hello traders
the chart is not a call
do your own analysis too
ask your doubts in comments section
M&M Fin. Services Ltd - No more bear crushNSE:M_MFIN has been underperforming since mid February, making lower highs and lower lows ( LHLL ).
While being in the downwards trend, it was getting trapped in a falling wedge pattern ( T1 & T2 ) that looks like ready to bottom out now after breaking T1.
One may initiate a long position with a stop loss below 138.
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M_M FINANCE BREAKOUTBreakout in channel pattern Expected to move 10% inn next 1 month
CMP- 155
SL should be 140
Mahindra and Mahindra financeIt gives channel breakout and show RSI bullish divergence. Very gud to buy with small SL.
M&M Finance Cmp 155 dated 26.8.2021M&M Finance Cmp 155 dated 26.8.2021
1. Falling Wedge BO @ 157
Buy above 157 for a tgt of 163-173-180-190 SL 145
It is just a view, pls trade at your own risk.
M_M FINNote:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns...
3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions...
4. To learn more about patterns, Psychology behind the trade, and price action trading... contact us... Thanks...
Keep an eye ladies and gentlemen. Cheers and Happy Trading
M_MFIN | Price Action | MACD Signal | Divergence | Over SoldMahindra financial has been in the down trend from a long time and is in the over sold region. Price action and indicators suggest that this stock has reversed it's trend to an uptrend. Going forward the targets might be achieved over few weeks.
Target 1 : 163
Target 2 : 171
Falling Wedge Breakout M_M FINANCEFalling Wedge Breakout for Swing Trade Setup
Closing Above 158 for target of ₹ 164 & 174
Short Term
For Educational Purpose Only
Expecting breakout ✌✌✌This scrip is expected to give breakout as it is on the verge of breakout. So traders keep on your radar to catch the momentum. Thanks to all 🙏🙏🙏
#M&MFin cash : Looks good above 156.10#M&Mfinance cash -Positional call
26.08.2021
Looks good above 156.10
stoploss 148
Target 164/174
Cmp 155.10
MnM Fin Swing tradeMnM fin looks good after the Breakout of this channel pattern for swing traders at cmp 153.
buy after boMNMFIN price is trading in demand zone and making lower low lower high and forming falling wedge can be safe to enter abv 157
Mahindra & Mahindra Finance - Good to short ?Stock is constantly making LHs since June and has given HnS BD on DTF
Volumes have been constantly below Daily avg. volumes from last 2 weeks
Safe to short below 140
Intraday target - 136
Swing targets - 130, 124, 118
P.S. Wait for candle close
