RSI divergence| Inverted HammerThere is formation of invesrted hammer pattern and also there is bearish divergene in stock.Today look like a conformation candle anf lets see where it goes from here.
M_M trade ideas
Mahindra and Mahindra Ltd ntraday level fo 19th June #MnM Mahindra and Mahindra Ltd ntraday level fo 19th June #MnM
Buying opportunity above 2990
Stop Loss area 2950
Selling opportunity below 2940
Stop Loss area 2972
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
V Trade Point
Mahindra and Mahindra Intraday level for today 12th June 2024 #Mahindra and Mahindra Intraday level for today 12th June 2024 #MnM
Buying opportunity above 2850
Stop Loss area 2820-2825
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
V Trade Point
Mastering the Art of Investing: Common Mistakes & solutionsLet's keep it straight to the point, Shall We?
1. Emotional Investing:
One of the most prevalent mistakes is allowing emotions to drive investment decisions. Fear and greed can lead to impulsive actions, such as panic selling during market downturns or chasing speculative investments during bullish phases.
Solution: Develop a well-thought-out investment plan based on your financial goals, risk tolerance, and time horizon. Stick to this plan, regardless of short-term market fluctuations. Regularly review and adjust your portfolio, but do so based on rational analysis, not emotional reactions.
2. Lack of Diversification:
Concentrating all investments in a single asset or industry exposes investors to significant risks. If that particular investment performs poorly, it can have a devastating impact on the overall portfolio.
Solution: Diversify your portfolio across different asset classes, industries, and geographic regions. This strategy helps reduce risk and improves the potential for more stable returns over the long term.
3. Market Timing:
Attempting to time the market, i.e., buying and selling based on predictions of short-term price movements, is a common mistake. Even seasoned professionals struggle to consistently time the market correctly.
Solution: Adopt a long-term investment approach. Time in the market is generally more important than timing the market. Stay invested and focus on your financial goals rather than trying to predict short-term market movements.
4. Overlooking Fees and Expenses:
High investment fees and expenses can significantly erode returns over time. Many investors underestimate the impact of these costs.
Solution: Be mindful of the fees associated with your investments, including expense ratios, broker commissions, and advisory fees. Consider low-cost index funds or exchange-traded funds (ETFs) as cost-efficient alternatives.
5. Ignoring Asset Allocation:
Some investors focus solely on individual investments without considering how they fit into their overall portfolio. Neglecting proper asset allocation can expose portfolios to unnecessary risk.
Solution: Determine an appropriate asset allocation based on your risk tolerance and investment goals. Rebalance your portfolio periodically to maintain the desired allocation.
6. Chasing Hot Tips and Fads:
Acting on unsolicited stock tips or investing in the latest fads and trends can lead to poor decision-making and losses.
Solution: Rely on thorough research and due diligence before making any investment. Avoid making impulsive decisions based on hearsay or the fear of missing out (FOMO).
7. Lack of Patience and Discipline:
Investing is a long-term endeavor, and expecting quick riches can lead to disappointment and rash decisions.
Solution: Cultivate patience and discipline in your investment approach. Stay committed to your long-term strategy and avoid making knee-jerk reactions to short-term market movements. Also, another good way of increasing discipline is giving us a boost for our efforts :)
In conclusion, successful investing requires a well-structured plan, emotional resilience, and a commitment to disciplined decision-making. By avoiding these common mistakes and implementing the provided solutions, investors can increase their chances of achieving their financial goals and building a more secure financial future. Remember, investing is a journey, and learning from mistakes can ultimately lead to greater financial wisdom and success.
Have Insights or Questions? Let us know in the comments below.👇
While you do that, how about a boost for some motivation🚀
⚠️Disclaimer: We are not registered advisors. The views expressed here are merely personal opinions. Irrespective of the language used, Nothing mentioned here should be considered as advice or recommendation. Please consult with your financial advisors before making any investment decisions. Like everybody else, we too can be wrong at times ✌🏻
sell at zone ~ intradayexpecting small fall from the zone . look for confirmation inside zone in smaller tf.
- good for intraday trade
- entry inside zone
- sl is day close above zone
- for target draw fib retracement from C to latest swing high , use 0.236 fib as tgt 1 (safe place for intraday), 0.382 as tgt 2 (risk takers).
- don't trade , if u didn't get selling confirmation inside zone
- if day close is above this zone , this pattern becomes invalid.
MAHINDRA & MAHINDRAMahindra & Mahindra is currently trading at a crucial support level. Here are some key levels to keep an eye on.
M_M intraday level for today #MnM M_M intraday level for today #MnM
Buying opportunity above 2595
Support area around 2550
Charts for educational purposes only.
Please follow strict risk reward and stop loss if you follow the level.
Thanks,
V Trade Point
Perfect 13 day consolidation probable breakoutSo M_M Just kind of broke out of this (Can't decide not closed yet) so will look for trade tmm
Mahindra & Mahindra is trading in Upside Channel > The Stock is following Rising channel from past few weeks
> It has come near Recent Record Highs
> Keep Tracking for Further Patterns
* For Educational Purpose Only
Learn & Practice Price Action Setups
Sweet Symmetry: Unraveling the ABC Pattern within M&M'sAfter completing its fifth wave, according to Elliott Wave Theory, the asset is poised for an ABC correction in the upside direction. The A wave has concluded, followed by the completion of the B wave in the form of a triangle pattern. Should the triangle break to the upside, it presents an opportunity to initiate trades in anticipation of the C wave, with a target set at 1905.
M&MM&M is confidently making its way towards a major support area, providing us with a prime opportunity to plan for a lucrative trade. Once it hits this level, we can confidently capitalize on the potential for profit. Don't hesitate to make the most of this market movement. Act with confidence and seize this chance to make a smart investment decision.
Inverted H&S in Mahindra & MahindraTarget and SL defined.
Very small H&S. Risk:Reward ratio is decent.
Intraday move capture should be better option.
M_M SupportMahindra and Mahindra nearing crucial support of 720. Sell 720 PE @9-10, SL 15. For margin benifit buy any OTM.
M_MStock name = Mahindra & Mahindra Limited.
Weekly chart setup
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Master Score - C
Disclaimer: This is for demonstration and educational purpose only. this is not buying and selling recommendations. I am not SEBI registered. please consult your financial advisor before taking any trade.
Long side view on M&M We can see that there is a consolidation in this stock from past 2 months but finally today it breaks it's resistance with a bullish momentum candle on daily time frame
M_M (Mahindra & Mahindra)Mahindra & Mahindra Limited is an Indian multinational automotive manufacturing corporation headquartered in Mumbai. It was established in 1945 as Mahindra & Mohammed and later renamed Mahindra & Mahindra. Part of the Mahindra Group, M&M is one of the largest vehicle manufacturers by production in India.
Bias: Buy/long
Strategy: Re-emerging momentum
M&M ready for break outM&m might give an update side rally
Entry - after sustaining at or breaking 1640-1642
STOPLOSS - 1620
Targets - 1680, 1700, 1720++
Ignore if heavy gapup or gap down
M_M swing trading Inverse head and shoulder chart pattern on one hour chart, it is a bullish sign. Bullish engulfing candlestick pattern on day chart, also a bullish sign.
Mahindra & Mahindra WEEKLY RETESTM&M at the weekly retest level of W pattern
RSI AND VOLUME NOT favourable
M_MStock approaching the support zone.
Follow proper Risk Management
Disclaimer : This is not a Buy or Sell recommendation. Please consult your financial advisor before making any investments . This is for Educational purpose only
M&MInteresting analysis on M&M, as we can see on the chart whenever M&M moves in the zone of 1620-1630, usually we get to see the move upwards and make a new swing high. M&M approaching that magic zone again.
stop loss - close below 1620
