M&M breakout coming anytime!The price is consolidating near its resistance and could break out at any moment. Keep a close eye on the horizontal line, as a buy signal will be triggered above it.
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1.15 EUR
1.26 B EUR
15.37 B EUR
About MAHINDRA & MAHINDRA LTD
Sector
Industry
CEO
Anish Dilip Shah
Website
Headquarters
Mumbai
Founded
1945
FIGI
Mahindra & Mahindra Ltd. is a holding company, which engages in the manufacturing of automotive vehicles. It operates through the following segments: Automotive, Farm Equipment, Auto Investment, Farm Investments, and Industrial Businesses and Consumer Services’ segment. The Automotive segment comprises of the sale of automobiles, spare parts, and related services. The Farm Equipment segment involves in the sale of tractors and spare parts. The Auto Investment segment pertains with investments in automotive related subsidiaries, associates and joint ventures. The Farm Investments segment refers to the investments in farm equipment related subsidiaries, associates and joint ventures. The Industrial Businesses and Consumer Services’ segment deals with investments in other than automotive & farm related subsidiaries, associates and joint ventures. The Others segment includes agri, construction equipment, powerol, and spares business unit. The company was founded by Jagdish Chandra Mahindra, Kailash Chandra Mahindra, and Ghulam Mohammed on October 2, 1945, and is headquartered in Mumbai, India.
VIEW ON M&MGood chart structure
After a correction stock is forming green candles since last 2 days
Target 3150
Stop loss 2950
I am just representing my views
For educational purpose only.
M&M Seems BullishM&M seems Bullish
Entry: above 3000
Support level: 2895
Resistance levels: 3233 / 3466 / 3703 / 3951
All set to correctM&M CMP 3021
Elliott- the current rally is a corrective one as stated earlier.
Inverted V - Thats a directional signal on the weekly chart on the right.
Trendline- Break of the trendline and retest is telling it is preparing to correct now.
Conclusion - In my view it will correct all the way t
M&M forming Double Bottom. Watch!
Watch #M&M.
-Forming Double bottom on DTF.
- New car launches #MahindraBE6e #MahindraXEV9e can bring in some positive sentiments.
The chart is shared only for educational purposes. This is not a Buy/Sell Recommendation.
#M_M Displaying Strong Momentum!🚗💨 Stock Analysis: #M_M Displaying Strong Momentum! 🚗💨
📈 Minor Breakout Achieved: #M_M has shown remarkable strength in the last couple of sessions, delivering a minor breakout from its current levels and bouncing back confidently. Despite the broader market facing a massive correction and maintain
VIEW ON M_MBreakout on the stock
Good volume buildup
After crossing 3010 levels more up side possible
Target 3010/3075
Stop loss 2870
I am just representing my views
For educational purpose only.
M & M : Head & Shoulder Bearish pattern emergingHead n Shoulder Bearish pattern emerging in M&M.
If price breaks down below 2650 then go short with Stoploss of 2900 with tgt of 2100
Put Stoploss on closing basis.
(In Trading Time it may go above/below stoploss But closing price is most important).
These are levels are generated on the basis on
M & M - Fall ExpectedStock currently at strong resistance cum flip zone of 2980-3010
Expecting stock to resist this area and come back to test lower levels
First expected level is 2820
If drops further then it can come down up to 2770
& 2680
Any hourly close above 3020/25 will nullify the idea
M&MThese are compelling reasons to consider a long position on M&M:
* Daily Support Level: When a stock holds at a daily support level, it often signals a buying opportunity as it tends to attract buyers, limiting downside risk.
* Above 200-Day Moving Average: This is a strong indicator of an
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