M&MFIN - Trend line resistance!Buy above 464 with the stop loss of 460 for the targets of 468, 472 and 476.
M_MFIN trade ideas
SWING TRADE IN M&M FINSWING TRADE IN M&M FIN
SEPTEMBER FUTURES
BULLISH ENGULFING IN FUTURES CHART
BUY@464 ADD MORE @446
STOP@440
TARGET@490
LOT:1300
QTY:2
M&M FINANCE UPTREND + FIB RETRACEMENT + BREAKOUT TRADE SETUPPOSSIBLE LONG
1) PRICE CLOSE ABOVE 20,50 EMA
2) FIB RETRACEMENT AT 61
3)BOUNCE OFF FROM THE SUPPORT
4)TREND-LINE BREAK
5)STOCK IS IN STRONG UP-TREND
M&M Fin - 200 EMA SupportStock has taken support at 200EMA on multiple occasions. Again its done the same.
Seems like a good buy with SL a little below the 200EMA.
#M&MFIN CASH : LOOKS GOOD ABOVE 485.5#M&MFIN CASH
19 AUG 2018
LOOKS GOOD ABOVE 485.5 SL 480.5
TARGET 489.5-490/495
CMP 481
M&M FINM&M FIN has broken out of a trading range with increasing and above average volumes. Medium term trend on daily charts has turned positive.
Wait for the stock to dip to the daily demand zones shown in the charts to buy (buy in tranches).
Place stop loss below the weekly demand zones.
Keep trailing your stop loss to protect profits .
M & M Financial - At Resistance.Positional View.
Other Details Mentioned In Chart.
Please Consult Your Financial Advisor Before Taking Any Decision.
I am not SEBI Registered Financial Advisor.
Buy M&M Fin @ 493 for 15-20% return in 2-3 monthsIm not SEBI registered. Education purpose only.
More details chart speaks!!!
M_MFIN LONG (WEEKLY + DAILY) 1) ESTABLISHED UPTREND
2) CURRENTLY IN A PULLBACK
3) BREAK OF PULLBACK ON THE UPSIDE CAN BE ENTRY
4) SL BELOW LOWER PRICE CHANNEL
5) 200 MA COULD ALSO ACT AS SUPPORT
Q1 2018 RESULTS COULD BE A RISK. PLEASE LET ME KNOW THE DATE IF YOU COME TO KNOW. THANKS.
M_MFIN LONGM_MFIN LONG
The stocks is in positive trend on monthly & weekly charts
It's at Pivot point and at peak zone of Volume profile on daily charts
There is divergence in price and MACD/RSI on daily charts when the double dip happened in May and early July
It is about to break the down-trending channel and risk can be Friday's low
Short Indusindbk Entry levels Mentioned on chart.
I will go Short in INDUSINDBK below support levels for further downside.
****Might be retraced back from 1928-26 as having strong support at those levels****
Sell on Brake of Recent Low in Future Looking to sell once it brake the recent weekly low , in Future and will be looking to trail stop til it makes the 396
Bullish Harami, INside bar This intersting candle pattern formed at the 61.8% retracemnt level and inside candle is formed at the level of support. Hence one can buy to the target of 487 and 490
