M&M Strong Bullish Expansion with Channel Breakout📊 Mahindra & Mahindra: Daily Technical Snapshot – Strong Bullish Expansion
📊 STWP Technical Analysis
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MARKET STRUCTURE SNAPSHOT | NSE: M&M | DAILY
Closing Price: 3,502.00 (+96.00 | +2.82%)
Core Trend: Uptrend
Market State: Bullish Expansion / Breakout Phase
Pr
Compare with Mahindra & Mahindra Ltd. Sponsored GDR RegS
1.59 EUR
1.68 B EUR
19.08 B EUR
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Details
Sector
Industry
CEO
Anish Dilip Shah
Website
Headquarters
Mumbai
Founded
1945
IPO date
Nov 25, 1993
ISIN
USY541641194
CUSIP
Y54164119
FIGI
BBG00FGX3KQ0
Identifiers
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.
TECHNICAL RESEARCH REPORT: MAHINDRA & MAHINDRA🎯 TECHNICAL CALL: MAHINDRA & MAHINDRA LTD (NSE: M&M)
CMP: ₹3,463.90
TIMEFRAME: Positional (3-6 Months)
PATTERN: Double Bottom Reversal & Horizontal Breakout
--- OPTION 1: BREAKOUT MOMENTUM BUY ---
▪️ BUY ZONE: ₹3,440 - ₹3,470
▪️ STOP LOSS: ₹3,320 (Daily Close Basis)
▪️ TARGET 1: ₹3,840
▪️ TARGET 2
M&M - DailyThe stock has turned bullish in the short term. Price is above both the 10 EMA and 20 EMA, showing improving buying strength. The 10 EMA is above the 20 EMA, which confirms that short-term momentum is stronger than the medium-term trend. The recent upward move is accompanied by a noticeable increase
Breaks Above 200 SMA Early sings of strong uptrendsWhat I'm Seeing
Imagine a student who keeps trying to pass an important exam but falls short every time.
Then one day, the student finally clears it with confidence.
I think M&M (Mahindra & Mahindra) is showing something similar on the chart.
The stock has successfully closed above its 200-day S
Mahindra and Mahindra Stock Analysis📊 Mahindra & Mahindra (M&M) | 1H Technical Analysis
Mahindra & Mahindra has delivered a strong breakout above the recent resistance zone around ₹3,216 after spending several sessions in consolidation. The breakout is supported by bullish price structure, indicating buyers have regained control in t
Mahindra & Mahindra
R1: ₹3,180–3,200
R2: ₹3,280
R3: ₹3,350
Major Resistance: ₹3,450–3,500
Support Levels
S1: ₹3,120
S2: ₹3,060
S3: ₹3,000
Major Support: ₹2,900
Trading Setup
Bullish
Above ₹3,200 → Target ₹3,280
Above ₹3,280 → Target ₹3,350
Above ₹3,350 → Target ₹3,450–3,500
Bearish
Below ₹3,120 → Target ₹3,060
Bel
Buy the dips M&M CMP 3129
Elliott- The mid point is the Fib confluence zone. And the measurement is nothing but the zones used to make the confluence.
Fib- I have marked two zones 1 and 2. For people who only go long, these two levels are the levels to buy.
Conclusion - Elliott is giving a target of 4K post
Understanding the WXY Combination Correction – M&M as an exampleUnderstanding the WXY Combination Correction – Mahindra & Mahindra (M&M)
M&M completed Wave 3 of the primary degree on 1 December 2025 and has been in a corrective phase since then. Let us understand the type of correction.
Under the Elliott Wave Principle, corrective structures generally unfold
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