M_M trade ideas
Swing Trade in Mahindra & Mahindra ?NSE:M_M
By observing the chart you may have obviously got the idea. There is a high possibility that 50EMA & 200EMA are going to cross soon and the stock is been trading on support so there is a less risk.
CMP: 752.5 SL: 700-703
Target: 875( Depends on your risk appetite you can desire for 52week high as well, as a target which is 930-955)
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The above brief was just an Idea I suggest to whoever reading this do his own research and invest. Thank You.
M_M might move towards 800 levelsDaily Chart - Stock is mostly sideways on the daily chart.
Hourly - Stock had lower low, lower high structure, though recently the length of downswings are getting smaller and stock also went above previous high, and it looks like it is started to create a higher high structure.
Hence sustaining 748- 745 levels, it can move towards 800 in the coming week.
M&M BULLISH PENNANT PATTERNHello
Welcome to this analysis about M&M, we are looking at daily timeframe perspectives. M&M in recent times heavily decreased with bearishness however it now moved into an oversold condition. M&M is developing here that will be a decisive factor in the upcoming times. I discovered the main formation M&M is developing here that will be a decisive factor in the upcoming times. As when looking at my chart now we can watch there how M&M has emerged with this key M&M BULLISH PENNANT PATTERN marked in my chart with the black boundaries. M&M is near support region which is an important support and also psychological support-mark together with the lower-boundary of the M&M S BULLISH PENNANT PATTERN a pullback
In this manner, thank you for watching my update-analysis about M&M and its major M&M BULLISH PENNANT PATTERN with the determining factors we need to consider in upcoming times, support the analysis with a like and follow or comment for more market insight!
M&M Breakout TradeThe stock has broken out and retested the upper trendline and looks to undergo a rally. Trade is supported by brokerage calls, 200 EMA and Supports Nearby.
Risk Reward Ratio - 1.5:1
SL is placed below multiple support zones, 200 EMA, Lower Trendline. The target is placed based on fundamentals.
LONG ON M_MMahindra and Mahindra is consolidating for a long time in a downward wedge pattern. After getting good support and facing good resistance, it has finally boken the resistance with a good volume. If you analyse it on a hourly time frame, you will definitely observe an inverse h&s pattern is broken. The 15mins TF also looks bullish. It's a good swing.
Taking breakout from a ascending trianglePrice trying to leap the 6-month pattern. probably should take a retrace and move further. First target 850, Second 950. But would take another 3, 4 months to achieve the top. Do your own analysis to enter the trade. My guess is to wait for a strong breakout and a retracement. Happy Trading!!
M&M LONG INTRADAY 10 AUG,2021Dear trader,
If u look at the chart of M&M (analysis based intraday only) the M&M Buy at 772 and Target at 785
Best Buy at 770.
Our Best Buy is based on high quality research and when the instrument reaches this level , it’s a jackpot trade.
Best Buy level might be executed or might not be executed.
The chart clearly indicates Bullish Trend you can also see the candle stick patters for more indepth analysis.
In Intraday most important thing is to enter and exit points.
Our signals are based on analytics, algorithms, mathematical derivatives.
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