Double Bottom Pattern BO- BO validated with volume
- Reversal poattern
- Above key EMAs
- Bullish RSI
MAHLIFE trade ideas
Double Bottom Pattern
#MAHLIFE
- Strong BO validated with Volume
- Good accumulation can be seen
- Trading Above Key EMAs
- Bullish RSI
Mahindra Lifespace Developers Limited Breakout in Mahindra Lifespace Developers Limited with very high volume.
False breakdown set up1. Weak hands removed with false break down
2. Fresh breakout
3.1:10+ RR trade
4. Trend is bullish in all time frame
#Mahindra LifeSpace Analysis Stock is near to BO zone, follow chart for proper support and resistance levels.
Mahindra LIFESPACE breakoutA breakout occurred after a series of declines.
Price is trending above its 20-day moving average.
The breakout candle has proper volume, so it can't be called a fake breakout
BUY TODAY SELL TOMORROW for 5% DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Falling Wedge Breakout in MAHLIFE
BUY TODAY SELL TOMORROW for 5%
YR 2022 Idea #155: Long on MAHLIFE This is a public swing trade idea and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. I might trail my stoploss after I get an entry but even if my original Stoploss hits, i exit the trade with pre-planned loss (risk). At target, I book usually 75% positions and trail stoploss for rest. Our objective to help anyone who wants to learn technical analysis using charts by demonstrating my real trade entries. You can post your queries in comment section here and we will try to answer them asap.
long setup can be seen IN MAHLIFEIn weekly time time awesome oscillation is rising
Good uptrend can be seen
Stock is above 13,34 explonantional moving average
Macd you also positive
In daily time frame
Short term correction can be seen
RSE is oversold and stoch is diverted that's why lean rising in volatility ATR is dropping below it's average
Heikin ashi candle in daily time frame inside body can be seen which indicate short term trend reversal
MAHLIFE short till MAHLIFE short till 423
stop loss 525
Time to change cycle 2nd half in weekly timeframe
Mahindra Lifespace on SupportMahindra Lifespace is at a support level of 510. One can look to accumulate this share at these levels. Looks good for short to medium term.
MAHLIFE Bullish All Time High Breakout NSE:MAHLIFE
Underlying : Mahindra Life
View : Bullish for Short term, Medium Term and Long Term
Finding : All Time High Breakout at 298.80 with volume
Observations:
1. Multiple time support zone 218 - 225 (1,2,3)
2. Resistance Tested 3 times and finally broke the Resistance with volume.
3. Nearest support : Refer Chart
4. Consolidation can be observed in chart with multiple time Resistance and finally both Resistance breakout with volume.
Recommendation: Immediate LONG, Buy on dips near support if opportunity arises
Mahindra LifespaceMahindra Lifespace looks really strong on chart. Keep a stop loss at 510 and go long in this trade.
MAHLIFE Ichimoku Bullish Breakout Stock Name - Mahindra Lifespace. As per the ichimoiku rule, today's close is above the Conversion Line and future kumo
is super bullish and chikou span is slanting upwards. All these parameters are showing bullishness at CMP>
And More strenght will be visible above 435. Worth to keep in watch list for coming days.
#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
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Mahindra life daily chartIs this pattern going to work?
360 will be my entry price hoping to get 10 to 15% Return .
Mahindra Life space Stock is 19.72% ???Note: Mahindra Life space Stock date on 10.02.2022.
How this stock is given 19.72% returns in a single day???
1. Narrow CPR Range B/o stock
2. Above MA200,50,20 level and today & Previous day high broken
3. Day time frame Trend line Breakouts
mahlife : bearisha bearish flag is seen and price is breaking down from the lower support line at 245 it may go to 200-190
if it comes above 261 then it will be very bullish
It is very bearish but very proven pattern
Swing Trade - Long Opportunity Mahindra Life SpacesDetails mentioned on charts
Flag pattern on weekly charts
Long in Mahindra LifespaceThis scrip is in an uptrend for a long time and now this scrip broke the smaller trend line. I expect a moderate up move in this scrip in next few weeks.
Swing traders can consider this scrip to long
