M&M Finance - Bullish breakoutNote: This is for educational purpose only.
There seems to be a bullish breakout with high volume. Expecting a bullish rally to follow post pullback/ consolidation.
M_MFIN trade ideas
[Buddha] M_MFIN Inside Bar TradeLong if it breaks the high of the previous day with a stop loss at the previous day's low.
Short if it breaks the low of the previous day with a stop loss at the previous day's high.
In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed in first 5 minutes and follow ORB strategy.
Short M&M FinanceIt may go down from it current resistance level. Target can be 175, 165. Please keep a watch on resistance levels, chances of going down are high
M&M FinanceM&M up by 6% but ranging in an upper step levels. CTP is 184.90. Last two sessions shows good volumn and marginally good upward moments and if stock break 189.00 level (It's resistance zone based on one hour chart) and 191 level (it's an upper step level resistance zone) then the stock will go up. Be cautious as there may be profit bookings. But stock looks bullish. It broke 182 level resistance ans sustained.
Entey, 189/191
SL,181
BUY M&M FINM&M FIN 173.30
RESISTANCE : 177 181 187
SUPPORT : 171 167 160
BUYING LEVEL ABOVE 175
NOTE : 171 is the main support . So watch 171 as a main support. Support and Resistance on closing bases
M&M FIN - Head & Sholder completeShort below 175 (wait for a close below) for targets of 170 and 165.
Wait for the confirmation of breach of channel trend line suggested in my last analysis
M_MFINM&M Finance Create Hear and solder patter in 30 min chart pattern so add in your waatchlist.
if break this pattern you can short M&M Finance
breakout with many confirmation in M&M finance have your own analysis done and then go for a trade .. confirmation is already done with so many candles closing above the resistance level
the technical indicators also indicate bullish signal ..
M&M fin #higher high lower low#m&M finance channel formation presently at channel top can give breakout....keep it on radar
10 point move a day keeps breakouts awayM&M finance is making a 10 point move almost daily, albeit within the price value area with a few tails and excesses being quickly brought back into the area.
The control price and the value is marked on the chart.
M&M FinanceBearish view. Close above 180-182 on daily basis will trigger a huge bounce in the stock but on failure of which a down side of 158 then 140 will trigger.
Enter into short side when 177-176 zone is crossed with SL at 182
M&MFINM&Mfin chart indicate is pin reversal pattern and last some trading session show high volume in this stock. Buy M&MFIN@CMP Tgt@215 Sl@173
M&M FINANCE Trading SetupDisclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
M_MFIN looks Bullish Short term trade M_MFIN looks Bullish Short term trade :
BUY ABV 165 FOR TARGET 185 200 225 250
STOP LOSS BELOW 140
Mahindra and Mahindra - Downfall ExpectedI am not suggesting any trade here and I am a beginner. I am just sharing my analysis and would appreciate feedback and discussions.
My understanding says for M&M financials, diagonal is getting flattened and its likely to fall now.
Also look at increasing volume ...
M&MFin BuyM&Mfin has ready to go upside and the awesome oscillator shows the strength in the upside and closing is 166.55.
Buy above 169 and stop loss is 164 and target is 175-180-185+. If close above 185 then come to 192-200 again.
M&M FINANCEAfter a huge fall the stock has gone into consolidation and is forming a falling wedge pattern. RSI showing divergence, the volumes have gone up. Looks like the stock can move upwards towards 200-210 zones in mid term.
Mahindra & Mahindra Financial Services LtdMahindra & Mahindra Financial Services Ltd
The stock is consolidating in a rectangle pattern in the daily chart.
RSI is at 60 level and will show strength above 60.
The breakout will take place only above 192. Probable resistance post-breakout comes at 220. Closing above 220 may extend further strength.
KEEP AN EYE!!
#tradingedge_academy #SMTA_institute
***this is my personal view. Please take advice from your financial advisor before investing.
My first Idea. Mahindra and Mahindra FinanceTrading in the range. Cutting the trend line may give fresh breakout.
This is my First analysis. Kindly verify.
