M_MFIN trade ideas
Chart on MAHINDRA FINANCEChart on MAHINDRA FINANCE
CMP @ 147
Short Term Target @ 169
Professional Target @ 185..
Long Term Target @ 192
Average @ 143
I am expecting Mahindra Finance to move UP in coming days.
Disclaimer: I am not a SEBI registered Financial Advisor. Please consult your financial advisor before investing.
M&MFIN SHORTING OPPORTUNITY27th DEC 21
M&MFIN is trading in the strong downtrend. Currently it had taken the pull back and formed strong bearish candle indicating weakness in the stock. Also RSI indicator shows the bearish signal as its resisting from 40 level. Below 144 level good opportunity to go short.
M_MFIN_UPTREND MOVEM&M Finance is showing uptrend move from this level.
One can go long on trendline breakout.
M_M financial not too strongMahindra and Mahindra Financial is not strong enough.
Can be good for short term gain of 10-15 points but on weekly timeframe, it looks weak with no significant volume.
RSI is below 50. Every if someone wants to take trade, wait for RSI to go above 50.
Disclaimer: I am not sebi registered. This chart is for educational purpose. Pls consult your technical advisor before investing.
[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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MAHINDRA & MAHINDRA FINANCENSE: M_MFIN The upcoming rally would be for such finance stocks. Its is no doubt a fantastic company in the hands of a very responsible man.
Currently the stock is in 2nd Wave of its 3rd Impulse. It is a really good time to accumulate the stock till 131, for the minimum target of 250 level. And in long term it can touch it till 470.
Chart and Analysis
ADARSH DEY
M_MFIN broke the weekly trend lineM_MFIN has broken the weekly trend line and the next resistance seems to be 221. Looks like a good opportunity for swing trade for LONG
Pullback entry after breakout.After the breakout from a resistance of 170 zone, M&M FIn has entered to a new bullish territory, and is testing its previous resistance. Good signs are that a bullish engulfing candle has formed taking support of 20 EMA and RSI is also in bullish zone. Entry can be done from current levels till 173 with a SL of low of the breakout candle i.e. 171, hoping for an up move upto 200. targets can also be seen as per fibonacci levels. Any move below 165 will end its trend.
MHINDRA AND MAHINDRA FINANCE SHOULD BREAKOUT AND FILL THE GAP VIEW :-
POSITIVE
DISCLOSURE
This is only for educational purpose
This is not a recommendation
I am not SEBI registered
Do not TRADE/INVEST basis what I publish here
I am not responsible for your loss or gain
It is prudent to assume that I have ulterior motives in publishing this Idea
I and my clients might or might not have a position, I and my clients might or might not have a opposite position
M&MFINNSE: M&MFIN 197
-Fresh Breakout Pole and Flag Pattern
-Next level to watch 210/220 level
-Support near 180/185 level
-Volume And Price are Both strong
Like And Follow On Tradingview for more such charts
M&M Fin closed above 195Hi Very soon this will cross 200 plus
The stock has closed above 195 Big breakout Buy
M&M fin TL BreakoutM&M Finance has broken out of a TL after very good consolidation. Swing traders can watch out for a position in this.
M-MFIN : Nice BUY opportunity with good RRMy wave analysis suggest a nice BUY opportunity.
Details on the chart.
If you LIKE the analysis, do click LIKE button. Thanks.
Double Set Up in M_MFin for Long/ShortThe chart in self explanatory and analysed on basis of :
- Symmetrical Triangle
- Breakout and Retest Level
- Fib Retrenchment Level
- Support and Resistance
The ideas of both long and short trade given in chart with entry, exit and stop level.
Disclaimer : Trade cautiously and consult your financial advisor.
[POSITIONAL] M_MFIN LONG BET risk: Reward ratio is 1: 2
Rest as per Charts
********
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.
=======
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.
=======
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
********
NSE:M_MFIN LongNSE:M_MFIN
#M_MFIN Formed #CupandHandle Pattern Broken with good volume, consolidating, Breakout the range will give good momentum.
Post Confirmation, One can go with 195 CE
Tried posting the levels from yesterday, but due to technical snag not able to.....
Have a Happy trading !!
