M&M ASCENDING TRIANGLE BREAKOUTM&M breaking ascending triangle pattern
RSI bullish,good volume last few days
breaking 200ema
strong Q4 earnings
target 3800
NO BUY/SELL RECOMENDATION
LongNext report date
—
Report period
—
EPS estimate
—
Revenue estimate
—
1.50 EUR
1.68 B EUR
19.46 B EUR
About Mahindra & Mahindra Ltd.
Sector
Industry
CEO
Anish Dilip Shah
Website
Headquarters
Mumbai
Founded
1945
IPO date
Nov 25, 1993
Identifiers
3
ISIN USY541641194
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.
Related stocks
Long
M&M Expiry to EXPIRY View M&M Expiry to EXPIRY Vie w
Best Long Strategy: @ 3042.
Aggressive can OPT LONG Strategy Near 3083 - 3089.
━━━━━🟥🟧🟨🟩🟦🟪⬛━━━━━
💥Level Interpretation / description:
✍🏻L#1: If the candle crossed & stays above the “Buy Gen”, it is treated / considered as Bullish bias. Cfm=> Confirmation.
L#2: P
M&M Expect a small short callExpects a short call in given levels as entry and exits. Opening range is broken, so can enter at mid of that breakout candle, with its high as SL.
RR 1:2.
Short
Short trade on M&MI have marked 2 zones on daily timeframes
we can expect some kind of bearish reaction from that area
My analysis is based on co-relation theory invented by my teacher and mentor @Realwizardtrader .
Short
M&MM&M
Price is respecting an ascending channel
Recent fall = healthy correction to lower channel + dynamic support (MA)
Now showing bounce attempt from demand zone 100 WEMA
Disclaimer : The Above shared Content is for information and education purposes only and should not be treated as investment o
Short entry on M&M Many factors are giving signals for a short trade
1) weekly ema 33 resistance
2) daily trend line 3rd touch
3) daily horizontal resistance
4) fib 0.618 zone
Long
M&M at Channel Support — High Probability Reaction ZoneM&M is currently trading near the lower boundary of a long-term rising channel, a zone that has consistently acted as strong support in the past.
After a sharp correction from the highs, price has now reached a structural demand area, where historically buyers have stepped in.
From a technical per
Long
A rally to be soldM&M CMP 3011
Triangle- many stocks are forming this pattern in its B wave and hence the see saw movement. The 5 waves within the triangle are over and now the C wave rally has commenced.
Fibs- the A wave and C wave are equal and hence this rally can go all the way to 3350. This is a good 10% mov
Long trade. on M&Mthere is a support level + fib golden zone as well as trendline support on daily timeframe , target expectation is ema 256 resistance as well as that area is a resistance zone on 1hr timeframe .
Long
M&M Bullish Engulfing.Good set up for short term gains. Buy at 3020-3040, SL at 2940 and Tgts as indicated on chart
Long
See all ideas
Displays a symbol's price movements over previous years to identify recurring trends.
