Buy M&M….classic ReversalBUY M&M…. BIG SUPPORT near 730 to 740……TARGET 950 SL 730…may Move like INFO EDGE (June) & Havells (July) & Kotak(September)….#Same pattern in all 3 ….Favourable risk n reward…
MAHMF trade ideas
M & M LONG POSITIONNSE:M_M
Reasons for Long Trade:
1. Uptrend
2. 44 EMA crossing 200 EMA
3. Taking a good Support at 0.38 Fib Retracement
Target -> 950-959
M_M Bullish Rectangle Pattern !!NSE:M_M
#NSE:M_M formed Bullish rectangle, Safe players may check post breakout zone,
and experienced/risky players may check support zones for entry points.
All the levels marked for practice only.
Complete April month performance shared for our friends, check out my signature for details.
Happy LEarning !!
"SHORT M&M"According to price action
It can be swing trade. As there is consolidation in stocks, also M&M has it resistances from its all time high .
The resistances zones can be seen in daily time frame .
These target is based on fib retracement and recent supports .
This is for educational purpose trade on your risk.
Best wishes from green turtle trader.
M_M follow a TREND LINEM_M follow a trend line in small time frame and move slowly slowly upward and now it touch the trend line and given breakout to upward so it may be go up. For Education purpose
M&M ON MULTI YEAR BREAKOUTM&M now on multi yr breakout zones. Above 980 weekly close M&M will surpass 2018 highs. Go long above 980 weekly breakout for 1100 at least
#M_M Long (8 Apr)#M_M Long (8 Apr)
Breakout & retest
Buy at CMP-831
SL- 810
Target- 909, 932, 957
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Disclaimer- We are not SEBI registered advisor.
Charts and views are only for educational purpose.
#Mahindra #BREAKOUTSTOCKS #nseindia
Mahindra&Mahindra is near Breakout Mahindra&Mahindra is About Give Breakout and I am expecting 1050 to 1100 target next Month (MAY)
M & M - TRADEVIRALSM&M is moving under consolidation from a long
period of time (i.e : 2021 Jan to Apr 2022)
A good breakout is expected above 940 but its
will come for retest as the RSI is already oversold.
Sharply Rebounded from its Two Years “Multiple Support” ZoneOn the weekly chart, the stock has sharply rebounded from its two years “multiple support” zone of 733-730 levels indicating strong come back of bulls
This buying momentum was observed from 20-day SMA and rebounded sharply Mahindra & Mahindra Limited
On the daily chart, the stock has formed higher top and bottom indicating positive trend
The daily “band bollinger” buy signal reconfirm positive bias
The daily and weekly strength indicator RSI is in bullish mode along with positive crossover which supports rising strength in near term.
The above analysis indicate an upside of 860-885 levels.*Holding period is 3 to 4 weeks
M_M 1 hour Chart ViewIn a 1 Hour Chart we can see 910 as a strong resistance. Over all view is given in the chart. Please do your own analysis before investment. Its purely Technical Call.
MAHINDRA & MAHINDRA -- BULLISHMAHINDRA & MAHINDRA -- DAILY CHART - BULLISH
1. Trendline Breakout seen last closing candle on daily chart.
2. lower channel breakout also seen at last closing candle
3. Bullish crossover seen .
4. RSI Above 60 level currently 67 level
5. MACD above center and signal line
6 price above 50, 200 SMA
BUY MAHINDRA & MAHINDRA @ 857
target 900-1000 +
Stop loss 735
** THIS IDEA IS FOR EDUCATIONAL PURPOSE ** TRADE AT OWN RISK .!
HAPPY TRADING . !! 100th idea ...THANK YOU . !
Bullish Butterfly Observed In M&MThis is one of the bullish harmonic pattern which is called bullish butterfly. Its also called XABC pattern which is auto enabled in trading view.
Harmonic pattern basically based on Fibonacci retracement. This is a very complex pattern to understand thats why accuracy of trades are higher comparative other patterns.
PRZ - 798-799
SL - 783.9
Target - 821/836/848/860
Mahindra_Mahindra - Breakout - ReTestMahindra_Mahindra :
Breakout (BO) Done, Retested (RT) the trendline and moving up again
Long above 861 with support at 840
Might show 880 and 900 soon
Long Mahindra & Mahindra above 867.80Stock Name: Mahindra & Mahindra
Action: Buy
Entry: 867.8
SL: 833.70
Target: 1024.50
NSE:M_M
M&M Intraday/swign important levels to watch for 01st aprilM&M opened gap up and traded mostly in a tight range. on 15 minutes timeframe, RSI is above 50 but moving down and MACD is below the signal line. The conditions are in favor of short trade but taking trade along the larger trend has a higher probability of success.
On a daily basis, the stock is rising with strong rsi and MACD above the signal line. The upper resistance is marked by the gap formed on the 24th Feb. lower support zone is marked by the gap formed today.
if on 01st April stock crosses today's high with good volume and sustains, it will be a good opportunity for an intraday trade.
M M BullishM&M seems strong weekly closing from short covering
concentrate for short term investment
concentrate if price sustain above 857 in daily
M_m to take longEntry above 865 Target 950-970 SL 815-820. good risk to reward trade. Stock is trading above the support area & a high probability to touch the resistance area soon. Good risk to reward trade. Keep trail SL once stock move above 900. This is for your educational purpose only.
