M_M trade ideas
M & M - Intraday Trade SetupMahindra & Mahindra CMP – 627.90
Looking Bearish and any bounce can be shorted. One can go for Intraday / Swing trade with the following entry, exit & targets
Sell range 625 - 623 / Stop Loss 632
Target 1 - 620
Target 2 - 615
Target 3 – 610 / 606
Short Term - 150
Note: This is my view and for educational purpose only
Watchout for M&M!!!Breakout for M&M from an inverted Head and Shoulders pattern in 15 minutes chart. This was supported with high volumes. Technical indicators RSI and MACD were also giving positive signals. RSI is in the Overbought zone and MACD line is above the Signal line.
The first target has been set at Rs 645.5. The second target is set at Rs 662.20. The stoploss is set at Rs 597.25 which is the low of the right shoulder.
M&M (NSE) - Elliott wave analysis Welcome guys,
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M&M (NSE) - It has completed impulse from Covid low and now correcting that move in complex correction. It is in (X) wave cycle, which seems zigzag ABC and B is in progress. so stay bullish in pull back slight down for C wave up.
Give thumbs up if you really like the trade idea.
MAHINDRA & MAHINDRA - KEEP ON RADARIF IT BREAK 598-600 IT CAN REACH 592, 588 AND 582 ON DOWNSIDE
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Hi all,
Its pleasure to have you all here.
I have started putting these charts as a contribution from my side to all people who are new to business, as I had to struggle a lot without any sources at disposal. So please consider this a just small contribution from my side.
Few Honest Disclosures:
1. Any idea shared is my personal view, its not a recommendation, neither any kind of paid propaganda, so please
do your bit of research.
2. Ideas shared does not mean that I trade all or have position in them, this is just a helping hand to all.
3. I expect no comments or like nor any negativity, as I said its just a small helping hand from my side, please plan your risk and trade as per your capacity.
4. To trade in Cash, options or futures is your sole choice and your own risk
5. I am no expert in Tech Indicators, I believe in support resistance and trendline theory, you may use this as a supplement theory for better results.
6. I work for my own living, this is a hobby which I do sincerely to help anyone who might come across my charts.
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MAHINDRA & MAHINDRAIts been bouncing off from 598-600 , if u catch it near this range play it with stop loss of around 598-600 for target of 608, 618, 625
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Hi all,
Its pleasure to have you all here.
I have started putting these charts as a contribution from my side to all people who are new to business, as I had to struggle a lot without any sources at disposal. So please consider this a just small contribution from my side.
Few Honest Disclosures:
1. Any idea shared is my personal view, its not a recommendation, neither any kind of paid propaganda, so please
do your bit of research.
2. Ideas shared does not mean that I trade all or have position in them, this is just a helping hand to all.
3. I expect no comments or like nor any negativity, as I said its just a small helping hand from my side, please plan your risk and trade as per your capacity.
4. To trade in Cash, options or futures is your sole choice and your own risk
5. I am no expert in Tech Indicators, I believe in support resistance and trendline theory, you may use this as a supplement theory for better results.
6. I work for my own living, this is a hobby which I do sincerely to help anyone who might come across my charts.
***********************************************************************************************************************************************