MHNDR trade ideas
M&MPole and flag pattern in progress on chart. One can look for long opportunities, if breakout happens on chart.
Add M&M to your WatchlistIt is in a good phase and can give breakout in either direction and in Few Weeks
M&MWith increased volume and increased sales ..........................................................................
M_M LongAfter consolidating for months finally its time for a good move, currently broke out of trendline resistance in hourly chart. Targets are mentioned in the chart with sl of closing below the trendline in DC.
Note: Not a buy recommendation.
M_M M_M Looking Good on Chart Sustaining Above 760
Add Every dip Stop-Loss 740 (Safe) 720 (Risky)
Target 780-800-825-850+++ Highly Risky One Positional Call
If Sustaining above 850 Target will be 900-950-1000+++
MAHINDRA & MAHINDRA For INTRADAYFOR INTRADAY PURPOSE
BUY ABOVE 734
SL:- 732
TARGET:- 742
THIS ANALYSIS IS PURELY BASED ON PRICE ACTION
FOR EDUCATIONAL Purpose
Before taking any decision please concern your financial advisor.
mahindra - buyBuy at cmp 729
easy target 760
Disclaimer : This is my personal analysis for study purpose not intended for trading
Buy Mahindra and Mahindra for Swing TradingNSE:M_M
Reason for Buying -
1. 0.786 Fibo Support
2. Support trendline
3. Stock in continuous downtrend without any pullback
How to trade it? -
For Swing Traders - Buy at cmp keeping 658 as sl and keep trailing as stock reverses and moves up
For Positional traders - buy on smaller 1 hr timeframe keeping recent low or 700 as sl, then trial as stock moves in your favor
mahindra and mahindra chart analysismahindra and mahindra chart analysis for intraday and swing trading
M&M Taking Critical SupportM&M Taking critical support at ~740. Await a trend reversal, given the expected better performance in agriculture.
m_m_if market is positiveGuys, keep eye on M_M. If market again become bullish then one can go bullish in M_M
(for educational purpose only)
Mahindra and Mahindra has formed a good pattern, good swingMahindra and Mahindra has been going down for a long time and now it has formed a pattern, if it reaches the support zone, we can expect a good up move to 800-850 range.
MAHINDRA & MAHINDRA, TRIANGLE PATTERN CAN GIVE BREAKOUT.MAHINDRA & MAHINDRA is forming a Triangle Pattern. After a good up move it can be corrective wave, and it is constantly taking Support at previous Resistance. There are some more reasons that probably it can give breakout, but, I am not mentioning them, check on smaller time frames as well, and take trade only after your system or rules give confirmation. And don't take it as a call, and Try to Learn Something.
#M_MA weak candidate with TradersVenue score 4 Star bearish. Good to short with protection for August series.
M_M - Long Position on the Cards1.Trading at crucial Support level
2.Trading at 200 EMA support
3.On Trendline BO One can Go Long by keeping Swing LOW as SL to achieve at least 1:1 R:R
m&m opened its gates for lower levels. stay cautiousDescription given in chart itself.
stay cautious if you have this in your portfolio
Disclaimer: Only for educational purpose. Do your due diligence before investing/trading.
PENNANT SWING TRADE !Mahindra and Mahindra is clearly forming a pennant pattern after a downtrend move. Stock is in downtrend since FEB 10 , 2021 . Although there is high chance of breakdown from this pattern due to down trend but we may also look for breakout. Enter only after a clear breakout/breakdown for more edge.
This analysis was done by me only for educational purpose , feel free to share your views/feedbacks.
M_M - IF BREAKSOne can go long on M&M if it breaks the channel pattern.
(for educational purpose only)
Swing Opportunity in Mahindra and MahindraGo Long above 802, for a Target of 829.1, with SL 370.95
Reasons to go Long :
1. On a daily timeframe if we draw the Fibonacci retracement tool from recent swing low (point A) to recent swing high (point B) then we see stock took support from 0.618 Fibonacci level.
2. A bullish chart pattern, Double Bottom (W pattern) is formed around 0.618 Fibonacci level.
3. In addition to this the stock will give a Trendline breakout once it breaks 800 level.
