M_MFIN trade ideas
M&M FinLot of rejections found in the resistance level. If it breaks the level with good price action
Can go long comfortably.
M&M Fin - Positional LongM&M Finance is now poised to cover larger grounds, and is a perfect buy for target of 180.
Vixfix is on the reduction, while OBV is considerably increasing - Highly Recommended
M$M finanace looks bullishM&M finance consolidating for the past few hourly sessions and looks eager to break out of ascending triangle resistance. Let me know your views on this.
Disclaimer: Educational purpose only
Long As Strong Support At 138 level. Target 154.Stock Is Trading at 140. Strong Support at 138 . Moving Average of 5 days is about to cross and Go up from a moving average of 9 days. MACD showing Stock is Consolidating at the support level and now ready to take off. twice Volumes in the last 2days. Stochastic Indicator has entered into 20 zones with positive momentum. Bollinger Bands Are Getting wide showing that stock is ready for the big move.
MAHINDRA AND MAHINDRA FINANCEPOSSIBLE REVERSAL AT 110. Current the stock in downtrend. Might go till 110 level but Bounce back after that.
M&M FINANCE 151.8 to 171.4has the momentum to carry towards 151.8 and breaking resistance 163.25 can reach 171.4
M&M_Fin @ 137 | Hourly | 20-May-20#M&MFin @137 | 20-May-20
- Double Top distribution was seen earlier (07 & 14 May)
- Then big fall with very low deliveries
- 19 & 20 May again resistance days with higher & lower wicks (again lower deliveries)
- BUT but but....... On hourly chart, MACD is a BUY....... the rally above 141 may face strong resistance at 153.
- So lets get the chart to show some clear direction first for an accumulation phase.
BUY M&MFIN 141.35 , target 146/149 (volatile , stoploss 138.50)BUY M&MFIN 141.35 , target 146/149 (volatile , stoploss 138.50) buy less qty
m&M finlong above 170 sustaining with support of 167 for 175 and 178/182.....Results stock so volatility will be there
M&M fin trendline breakdownNSE:M_MFIN
Breakdown from trend line observed. Retracement may be observed, if crosses back short position confirmed. Just my views. Do your research.
MAHINDRA AND MAHINDRA FIN NSE:M_MFIN
if nifty finance sector goes still weaker then we can see the levels of 150 and then 138 again
M & M Finance Breakout with Volume M & M Finance Breakout with Volume Now trading at resitance. once this resistance is broken it will achieve targets as mentioned in charts.
