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MHNDR trade ideas

Power of Inverted Head and Shoulder PatternI had posted this analysis on 25th June and see how well the price action worked in this case. After breaking out of Neckline 2 of inverted head and shoulder pattern 2 the stock moved up the same depth as that of shoulder 2. After that there was a perfect pullback and continuation to complete our Inverted head and shoulder pattern 1. The first estimated target was the depth of shoulder 1. That target has been achieved in 10 trading sessions. Typically in these patterns the main target is set to the depth of head. ******************************************************************************************************************************************************* My original idea was as below: (We can see perfect price action for Inverted head & shoulder pattern here. The price made shoulder 1 and moved down to form complete inverted head & shoulder pattern 2. It gave a breakout with shoulder 2 target met in confluence with neckline of pattern 1. Then proper pullback and continuation is seen to neckline 2 and then back to neckline 1 completing our pattern 1. Now it has given a breakout and looks good above 1075 level for a positional target of 1172.) ********************************************************************************************************************************************************* Price action is one of the best techniques to take intraday and swing trades. Once you understand the basics of chart patterns and how to set your targets and stop loss, you can book decent returns on your capital. Learn & Earn, Dr. Tanya Kumar
NSE:M_M
by tanya151181
15
Mahindra &Mahindra ALL TIME HIGH!!!MAHINDRA &MAHINDRA has reached its all-time high Price in the Daily timeframe. It is moving in Ascending Parallel Channel from March month on Daily timeframe. On the daily timeframe, it has made four times flag and pole pattern and reached its target also. As we know, when the short-term EMA is above the long-term EMA then the trend is bullish and for the bearish trend, the short-term EMA is below the long-term EMA. Here Short-term EMA i.e, EMA 12 is above the Long-term EMA which is EMA 50 which depicts the trend has been bullish. The RSI have showing divergence on multiple time frames. Disclaimer: This post is meant for learning purposes only. Invest your capital at your own risk.
NSE:M_M
by Immature_Snorlax
M_M - Bull Flag Breakout - Swing TradeThe analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets. Trade setup is explained in image itself. The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.
NSE:M_MLong
by TradewithAditya
M&M - Ichimoku Breakout Stock Name - Mahindra & Mahindra Limited Ichimoku Cloud Setup : 1). Today's close is above the Conversion Line 2). Future Kumo is Bullish 3). Chikou span is slanting upwards All these parameters are showing bullishness at CMP, and it can touch at 1160 #This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market. # Rule Based Investing # Ichimoku Cloud # Ichimoku Followers I hope you all like my analysis. Please do share your thoughts into comment section. Please give a like, it motivates me to do analysis.
NSE:M_MLong
by nikunjbhadja