M&M Mahindra and Mahindra -M&M Mahindra and Mahindra - seems like a good short at current market price. All levels, target and stoploss mentioned in the chart.
MAHMF trade ideas
Mahindra & Mahindra - ShortM&M on monthly time frame is in OVER BOUGHT Zone. A retracement is much needed for the stock. Shooting star is formed on Daily TF.
M&M - New highs + New launchesThe stock has been the talk of town..after lagging Tata Motors in the EV segment despite spending close to $500M on EV R&D they are now coming back strong.
New launches of cars/SUV's..the CV segment + tractors is doing well too.
Long at current price with stoploss below the 10EMA 1280.
I think there is still upside left..and along with this Mahindra CIE could get some spillover bullishness too.
M&M ALL TIME HIGH BREAKOUT
M&M is Trading all time High Between the range of 120 to 1285
The Stock Gives a Breakout from the range and make new all time high close at 1310
If it sustain at this levels we can see further upwords moment in this stock
M&M consolidating, A close above 1300 would bring 1500 easily.NIFTY auto is gearing up to fire on all cylinders and M&M is no different, consolidating in a parallel channel waiting for the breakout!!
M&M trying for breakoutM&M making flag pattern
good if giving closing above 1300
can buy above 1300 for target of 1400+
may retest till breaout level,stricly follow sl
can keep eye for positonal tradingp
only for educational purpose
M_M BULLISH MOMENTUMMAHINDRA & MAHINDRA looks bullish momentum . Secondary trend breakout with retracement confirmation. Concentrate uptrend channel rally may continue towards primary resistance.
Mahindra & Mahindra_long way to go !! THREAD ON MAHINDRA & MAHINDRA
We are on the Weekly TF of Mahindra & Mahindra--
We have done the counting since the origin as per Elliott Wave rules.
Wave(1)of 1 completed@ 417/-
Wave(2)of 1 got completed in form of simple correction@312/-
wave (3) of 1 got completed in the form of normal wave 3 & got completed@ 717/-
Wave(4) of 1 got completed as a complex correction and got terminated @ 561/- approx.
now after the completion of entire cycle @ 994/- entire structure got retraced in form of WAVE 2 (corona low) @212.
Marking for cycle wave -1 & 2 got done in shared chart.
I have also shared the projections for wave (3) in Red & projections for wave 5 in Blue (Fib calculations)
Now, Its time for wave 3 to unfold (enormous wealth creator):
Numbering is shared in another screen shot below :
As per the calculation wave 1(3) has been completed 949 & wave 1(3) got completed @677. Now we are in wave 3(3)...unfolding .....
complete chart
No good volume to take M&M to further highNo good volume to take M&M to further highs, a fall till its recent low low looks eminent, I’m personally short on this stock since last friday.
trade in Mahindra and MahindraPRICE HAS made a sharp move from 670 to 1303 following a green trendline...now it has reached to level of upper trendline...from where it is supposed to book profit....this will turn to sell trade...when it will cross green line
Mahindra & mahindra - SELLMahindra & mahindra
Sector: Auto - Cars & Jeeps
Sell with sl - 1305
Target - 1255, 1220, 1190
Time frame (3-5 days)
Three white soldiers in M&M weekly chartThere has been a steady rise in the Mahindra stock of about 75% in the past few months after the formation of three white soldiers pattern in the stock
It may present a good opportunity after a minor correction (not investment advice)
As the company's fundamentals are fantastic it is a must have in your radar
Is this end of rally in M&M ???Since Rs. 670 M&M is moving strongly and after almost 100% return in 4 months now looking like the scrip is going to halt the speed as technically the scrip completed the 5th wave of Elliott's theory. Lets see what is ahead.
MAHINDRA & MAHINDRA | RR LOOKS GOOD ON SELL SIDESell if M_M sustains below 1160 for the lower marked targets on the chart.
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
DOUBLE TOP REVERSAL PATTERN FORMATION IN MAHINDRA AND MAHINDRAM & M had shown a very promising rally from last few weeks. As per chart it seems that the bullish trend has come to an end and we could see a double top reversal pattern on charts. In short term we can see 1200 levels. one can take entry now with SL at 1282 for targets of 1200 in 3-4 trading sessions.
M & M Positional View !!M&M : cmp : 1072.5
A inverse H & S kind of pattern had been formed in daily chart and BO done
near 940-960 level. After that made a high of 1062 level and retraced upto BO level.
Now trading near the breakout zone of 1070-1080 . If it surpasses and sustains
above the level a buying movement could be possible in the near term.
Closed above prvious high.
RSI & MFI trending up.
Buy on dips.
Accumulation zone : 1000-1040
Profit booking zone may be : 1120 - 1200
SL According to your risk appetite.
Positionally can move 1260+
July Future / July 1100CE can be look after.
Disclaimer: Ideas for learning Only.
Learn Regularly. Not occasionally
short on M&M NSE:M_M
let see the price action= acending channal pattern formed.
we can expect down 3% from current market price.
take a position according to you
i am taking a position in options
fix your stop loss as per your R:R
let tell your opinion in comment.
M&M Key results updateM&M
Revenue: 66.7% Up YoY at 1,96,126. 14.5% up QoQ
EBIDTA: 43.5% up YoY at 23,410. 20.3% up QoQ
PBT: 58.3% up YoY at 17,882. 13.7% up QoQ
EPS Stands 12.2 Vs 7.2 YoY
Key updates
*Segmental revenue*
Automotive: 12,741Cr vs 6,317Cr. Amid strong back to back hits (Thar, Xuv 700)
Farm equipment: 8,428Cr vs 7,189Cr Amid strong Rabi harvesting and good monsoon
Financial services: 2,877Cr vs 2530Cr YoY. Asset quality focus continues … Disbursements on rise
*Increase in Digital penetration*
72% of the first 25k Scorpio-N booked online
Strong Demand and Booking Pipeline: 140k+ Open Bookings (excl Scorpio-N)
*Market Share gain: 0.9% in Farm equipments*
*#1 in SUV Revenue Market Share*
*Total booking value* of Rs.18,000 crs*
Technicals - Any retracement as of result of profit booking is a buy on dips for the levels of 1450+
Disclaimer
We are in process of SEBI Registration. Hence, please consult your Financial advisor before investing.
NISM Number: 202000089934
M&M Target 1600 to 1700M&M
Target 1600 to 1700
in 6 months
Stop loss 1048
Weekly consolidation breakout
M&M DailyReversal candle on a daily chart. Stock seems extended and expecting profit booking to continue here. Invalidation is 1280 and possible TGTS could be 1195-1175
M&M consolidation breakout, consolidation breakout. & Now?After following the similar structure M&M is back in consolidation mode, But which way is it breaking this time??
