m_mfinsell from 271.8 to 278
easy tg 265
tg2 - 260
Disclaimer : This is my personal analysis for study purpose not intended for trading.
M_MFIN trade ideas
Inverted Head & Shoulder Breakout in M_M FinBuy @ cmp 272
Target 307- 340 - 380
SL 200 (stay above for at least 15 min.)
CMP @ 272 May 02, 2023
Chart by CA Savita Rehlan
MAHINDRA & MAHINDRA FINANCIAL SERVICES - Multiple Indicators📊 Script: M_MFIN (MAHINDRA & MAHINDRA FINANCIAL SERVICES LIMITED)
📊 Nifty50 Stock: NO
📊 Sectoral Index: NIFTY MIDCAP / NIFTY 500 /NIFTY FINANCIAL SERVICES
📊 Sector: Financial Services - Financial Services
📊 Industry: Finance - Non Banking Financial Company (NBFC)
Key highlights: 💡⚡
📈 Script is trading at upper band of Bollinger Bands (BB) and going to give breakout of it.
📈 MACD is giving crossover.
📈 Double Moving Averages also giving crossover.
📈 Volume is increasing along with price which is volume breakout.
📈 Current RSI is around 68.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 229
🟢 Target 🎯🏆 - 259
⚠️ Stoploss ☠️🚫 - 217
⚠️ Important: Always maintain your Risk & Reward Ratio.
⚠️ Purely technical based pick.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat🔁
Happy learning with trading. Cheers!🥂
intradayboth side potential
avoid first 15min breakout
wait for 15 min candle closing
targets are marked
follow risk management
do your own analysis
do workout
do meditation
start reading book
intradayboth side potential
avoid first 15min breakout
wait for 15 min candle closing
targets are marked
follow risk management
do your own analysis
do workout
do meditation
start reading book
intradayboth side potential
avoid first 15min breakout
wait for 15 min candle closing
targets are marked
follow risk management
do your own analysis
do workout
do meditation
start reading book
intradayboth side potential
avoid first 15min breakout
wait for 15 min candle closing
targets are marked
follow risk management
do your own analysis
do workout
do meditation
start reading book
M_MFin Sell inside strong order blocksStrong Selling Zone
When Price comes near 240 to 241 and reversal candle formed sell with stop loss of 244
Mahindra & Mahindra Finance - ALT Shark with Wolfe Wave
M_mFin has alt shark along with wolfewave and rsi negative divergence on daily timeframe . Also a deep crab and Wolfewave at lower timeframe, Expecting a upside move till shark PRZ after hitting small TF ww target . IF sl taken then we can expect Gartley and can long till 272.
Forecast of gartley if broken B
Mahindra Finance - Breakout + GapupOne of the best kinds of setups..
Market seems to have loved the result or rather the growth the company has shown and there is a clean breakout in the stock..the breakout also involves a gapup..
If the gap doesn't fill in the next couple days expect the stock to move much higher..i love this kind of a setup in general esp when there are proven tailwinds.
Long above 269 and stoploss below 245. Ideally i'd invest 50% now and 50% on a pullback because the stock is extended. The best case scenerio for traders would be the stock consolidates within todays candle for the next 3-4 days..waits for the moving averages to catch up and then takes off..
Keep this stock upthere on your watchlist for both intraday + positional traders/investors.
M&MFIN - Cup n Handle breakout - 15% upside potentialM&MFIN has given Cup n Handle pattern breakout.
Target is coming to 300+ (can expect in 3-6 wks)
SL : Daily candle close below 242-240 zone.
M&M Finance -Bullish Ascending TriangleKey Points:
- Ascending Triangle
- Resistance @ 234 & Support @220
- RSI crossing 63
- Tech showing buy signals
- Price is above 20,50,200 EMA
- Potential uptrend above 250 to 265 and next level 300
Bhav is Bhagwan - Find your Bhagwan
Disclaimer :
I am not a SEBI registered Analyst.
Please do your own Analysis before taking any action.
The above view is shared just for educational purpose only.
M&M Finance long trade.Stock is looking good for upside. It is trying to come out of volatility compression. Once it sustains above 250 the stock might head towards completing rounding bottom.
M&M Finance ready for a weekly breakoutThe setup looks amazing. Let's wait for some price action above the breakout level.
It's not a recommendation to buy or sell. This chart is for educational purposes only. Please contact your financial advisor before making buy or sell decisions.
M_MFIN: Pick for the weekM_MFIN: Mahindra & Mahindra Financial Services Ltd
PC-A = PC-B
Exactly Same
#WondersOfPC
Technicals:
• Script is respecting the Parallel Channel levels at every levels
• Stronger buying volumes
• RSI entered in 60 Zone
• Relative strength is in Green
• Closed strongly above recent high of 235, also the 52 week high
• Re traced strongly from the recent low of 176, respecting every levels of Parallel channel
• Creating Higher Highs, Higher Lows
Levels for positional trade:
Entry levels: A full candle above 240 levels will confirm the entry level
Until then we might see some time consolidation at 235-240
Target: 1st, 265, then 240 in short run
SL: 229, Closure below 229 will invalidate this upside view in short run
Next support area will be 210-215
M&M finance symmetrical Traingle breakout confirmed. Buyhas given a clear breakout of the symmetrical triangle, but buy in delivery only. don't Trade this one is F&O .. simply because the consolidation in this symmetrical is lesser than i would have liked to see.. If there there was enough consolidation then it was a perfect case of blind FUTURES trade.... but counter had some serious news flows in past and have show sharp moves.... so any sharp move will wipe out all your capital......... add in delivery and enjoy a target of 350 +
M&M FinBreakout on good volume also to note is the point of contractions that took place before this breakout.. breakout looks stretched to me can consider retest strategy here.. may not get a oppty but will be with good RR
M_mfinAlways follow Risk and Position Management❇️❇️
Expect 10-15% for swing Trading
For more information like this follow me in Tradingview @Jagadeesh11616125
Happy trading
[Positional] M&M Fin News Based Short IdeaShorted 210CE for moment being.
www.news18.com
www.moneycontrol.com
Post the initial fall of 10% it went up making a lower high and highly likely to die slowly. Without recovery agents, their NPA is likely to spike hard.
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 at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy 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. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.)
"Intraday" -means You must close this position at any cost by the end of the day.
"Theta" , "Bounce" , "3BB" or "Entropy" - My own systems.
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I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share.
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Like -
Always follow a stop loss.
In the case of Intraday trades, it is mostly the "Day's High".
In the case of Positional trades, it is mostly the previous swings.
I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives.
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