M_M trade ideas
M&M For Intraday Short 764-765
With SL 768
WIth target 750-755
Note : Trading in any financial market is very risky. I post ideas for educational purpose only. It is not financial advice. Do not hold us responsible for any potential loss you may incur. Please consult your financial adviser before trading.
M&M breaking out of long consolidation with volumesThe auto sector has underperformed in the last few months, but many auto sector stocks like Eicher, Escorts outperforming, and now M&M looking to breakout.
long position(its only for study)breakout happening in M&M go long 20%-25% within 6 months. ( not a recommendation)
BUY M_M, Ready to fly BUY M_M is looking good above 785 for 10% to 15% move. But wait for a proper breakout with good volume and a proper closing bullish candle. A kind of falling wedge pattern is also forming.
Disclaimer:- This is only for educational purposes please do your own analysis before investing hard-earned money.
Mahindra & Mahindra - 7mth VCP PatternBUY GUIDANCE:
Never buy before 3PM (for positional trading). I have been burnt many times over. Try to buy between 3:15 - 3:30PM, later the better.
SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA
TGT: After a 10-15%+ vertical move, breakdown of 20DMA (on a daily close basis)
SELL GUIDANCE:
Selling in Profit:
Sell earlier in the session when the prices are higher, around 11AM.
Selling at SL:
Give your stock a chance to recover by end of session. If it doesn't recover, sell anywhere between 3:00 - 3:30PM.
Note: I reserve the right to be wrong.
DISCLAIMER:
I am not a SEBI registered analyst. Please consult your financial advisor before investing.
Mahindra & Mahindra on weekly Since last 8 months mahindra & mahindra getting Consolidated and creating A flag pattern , mostly auto sector Shares are underrated and believing to be great reward for investing ones in upcoming yrs.
Trade and Invest on your own my tgt 1000+ and SL 710 around.
Auto giant on a cup and handle formationNSE:M_M
Mahindra and Mahindra is bouncing from it's long-term support zone of 730-755 and has beautifully formed cup and handle pattern in weekly charts. Buying volume is also increasing week on week close to it's volume moving average. Go long on breakout above the handle trendline with the target of 820 in the short-term and 900+ for long-term.
Can XUV 700 Be A GAME CHANGER For M&M ?After consolidating in a TRIANGULAR PATTERN M&M has shown a breakout on weekly time frame chart.
Once it starts making a higher high and higher low pattern on the daily time frame breaking 792 levels it can give a whooping 22% return.
Levels for trading:
Buy if it breaks 792 with a good volume on a daily time frame and sustains above it for the week.
S.L. - Closing below the triangular pattern.
AUTO SECTOR has completed the corrective pattern of a-b-c according to the elliot wave theory and can start the impulsive wave on the longer time frame.
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Happy Trading
Expecting Breakout ✌✌✌This scrip is expected to give breakout as it is on the verge of breakout. So traders keep on your radar to atch the momentum and enjoy the profit. Thanks to all 🙏🙏🙏
swing trade setupsymmetrical triangle formed in M&M in 1Day time frame with consolidating volumes. can see a big up move in coming days!!!
bullish m_mdid you find any pattern in this chart I have observed a flag pattern that is going to break now
M&M - Swing Trade! Long!Simple Flag and Pole Pattern on weekly basis.
Simply hold 3-4 months. You'll get 10-13% average return monthly basis.
Happy Trading! :D
Mahindra and Mahindra LtdWait And Watch ??
Look for Low risk, High reward, and High Probability setups-
Things to Remember while Trading with the Trend
1. Know what the trend is.
2. The best trades are made in the direction of the trend.
3. Assume that the main trendline or moving average will hold.
4. The longer the moving average is, the better it defines the trend.
5. Wait for the pullback.
6. Don’t chase the market.
7. Don’t fight the market.
8. Even in the strongest trends there should be some retracement.
9. The closer the market is to the trendline, the better the risk/reward ratio is.
10. Use ADX to determine the strength of the trend.
11. Higher the level of ADX , the stronger the trend, below 20 consider the market to be choppy
12. Hold trades longer in a strong trend.
13. Wait for confirmation of a trendline breaking before reversing position.
14. Know where the Support levels are.
15. Place stops outside the Support levels.
Thank You..
M_M on the verge of breakout In the daily timeframe, m_m is forming a descending triangle. This pattern has more chances of giving a bearish move but in this case seeing volume, candles and ema, there is more chance of a breakout. You can watch this stock to trade on Monday.
MAHINDRA & MAHINDRA Decending Triangle Pattern Daily Time FramMahindra & Mahindra (NSE-India) forming a Decending Trianle Pattern on a Daily Time Frame. Breakout can be either side. Do not take trades on my analysis , its only for educational purpose.
must buy mahindra and mahindra m&mmust buy Mahindra and Mahindra because it breaks the triangle pattern and is stable above the triangle pattern so when you see these in small time frames it's showing us in 15 minutes diversion going down but the stock will stable and break the triangle. and the volume of these is so good. that means this is an original buy, not the trap on so please must by m&m in 2 to 3 week
you can buy call and future
note don't tread against the trend only find buy position not sell position
M_M -Expecting Bounce back from SupportWe are expecting a reversal from the level marked in the chart. Keep this on your watchlist.
Nte:This is just for educational purpose
LOOK FOR THE BREAKOUT Market Cap
₹ 94,290 Cr.
Current Price
₹ 758
High / Low
₹ 952 / 566
Stock P/E
32.9
Book Value
₹ 334
Dividend Yield
1.15 %
ROCE
8.54 %
ROE
4.45 %
Face Value
₹ 5.00
M&M - go longafter a nice base formation, now the stock is ready for upward movement..
T1- 848
T2 - 928
SL - 730
1 month view
