Mahindra & Mahindra (#M_M) entered in Stage-4Mahindra & Mahindra (#M_M):
⚡️Looks like entered in Stage-4
⚡️Can go towards 1055 & 960
⚡️Strong confirmation if retest 200DMA and fails to sustain above that level.
View invalid above 1150
M_M trade ideas
RSI BULLISH DIVERGENCE ON WEEKLY CHART !!!!Hello to everyone
The price perfectly fulfills my last idea. The market was trading at all time high level of 1397 and fell from all--time high price because of RSI Bearish Divergence on weekly timeframe . The price hit the target of 1228. Now the price is near the strong weekly support zone . The level of 1200--1230 is strong demand zone and there is RSI Bullish Divergence on daily timeframe. The 200 day's EMA also at the support level which is performs as strong support . Near the support level RSI Bullish Divergence + 200 EMA can play a crucial role for swing reversal. The price can take support at the mentioned support level and may go upside for the initial upper targets. My first initial target is 1290 & 1330- 1360.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad.
M&M*Everything is mentioned on the chart. I hope it is easy to understand.
*Don't jump in to trade at the beginning of the market. let it get settle for 5 min 15MIN first and judge price action. *Avoid gap up or gap down chase. Wait and trade between level.
Note: Trade with strict stoploss. It may or may not hit all the levels. So one can book profit / loss at respective level considering
how price action work near that level. Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
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RSI BULLISH DIVERGENCE ON WEEKLY CHART !!!!Hello to everyone
The price perfectly fulfills my last idea. The market was trading at all time high level of 1397 and fell from all--time high price because of RSI Bearish Divergence on weekly timeframe. The price hit the target of 1228. Now the price is near the strong weekly support zone. The level of 1200--1230 is strong demand zone and there is RSI Bullish Divergence on daily timeframe. Near the support level RSI Bullish Divergence can play a crucial role for swing reversal. The price can take support at the mentioned support level and may go upside for the initial upper targets. My first initial target is 1290 & 1330- 1360.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad.
M_M 13TH MARCH 2023 15MINUTENSE:M_M
Bullish divergence in 15 minutes timeframe,work according to levels and with risk reward ratio.
M_M Bearish Divergence!!!The Price perfectly respecting the ascending parallel channel. Monthly chart showing 4 bar RSI Bearish Divergence as well as weekly chart also showing bearish divergence between price & its RSI momentum. Good opportunity to sell here as price also trading near all time high price.My target will be 1328---1267 & 1228 in coming day's.
Mahindra & Mahindra (double bottom pattern) The stock is trading low for a week now, and also created a double bottom. A breakout above near resistance 1277.75 is a good buy for a swing trade for targets, 1304, 1332 & 1360. And a selling opportunity is below near support 1248.15 for a target of 1230.55.
Trade wisely, at your own risk appetite.
Good luck, Jai hind.
M&M Long ViewNSE:M_M One can go long as it has took support on Daily timeframe at Channel Pattern with a small SL of 1230
Do your own analysis before taking trade, This is just for educational purpose
MAHINDRA & MAHINDRA : Break the Resistance Line continueM&M stock has on daily TF wee can see that the downside journey is continue from this month .Stock is weak on short term basis.
Entry : CMP
SL : 1298
Downside Move : 1250,1200
MAHINDRA & MAHINDRA : Break the Resistance LineM&M Stock is going week on Daily TF. From last couple of weeks stock took the support at 1360 level which was break on Friday. Stock on last Monday made Spinning Top Candle with high volume which was a Bearish signal for stock, Again on Thursday Stock has made Shooting star Candle which is again Bearish Signal for stock and on Friday follow through the bearish candle and broken the 20day Moving Average also closed below the 20day MA.
Entry : CMP
Sl : 1370
Down Side Move : 1325, 1298
Mahindra and Mahindra view for 16th FebMahindra and Mahindra view for 16th Feb
ATH breakout expectation
Please follow strict risk reward and stop loss...
Charts for Educaitonal purposes only.
Thanks,
V Trade Point
M_M IS CONSOLIDATIN FOR 8 DAYSm_m is consolidating for 8 day
thanks for the support guys
set you target by pivot point
Todays view in Mahindra & Mahindra Todays view in Mahindra and Mahindra 8th Feb
If sustain above 1401
Resistance breakout already done on 30th Jan
Please strictly follow risk reward and stop loss if u enter in the trade
Thanks,
V Trade Point
mahindra & mahindra big break out prememptingm_m large cap automobile showing breakout signals at levels of 1332
it has box break out of tgt of
target 1) 1332+119 = 1451
target 2) 1332+238 = 1570
sl is of 70 points ehich is 1332-70 = 1260 on weekly closing basis
we are preempting so keep qautntity low when give close above 1332 for 2 weeks then increase quantity
also we can see on longterm flag and pole breakout
its on longterm basis and can take minimum 6 months for this break out sl will be 1190on weekly closing basis
buy right sit tight
keep position sizing in check
wealth generation takes longterm
BREAKOUT Good potential if sustainable this level because m and m are looking good fundamentally as well as technically
M_M level expectation for tomorrowM_M LEVEL FOR TOMORROW....
Follow strict risk reward and stop loss...
Consider charts for educational purposes...
ALL TIME HIGH TODAY 13.85.50
Mahindra & Mahindra will make new highs ?Well the business model of M&M is very perfect,,not less than maruti and any other company,,if i talk about results that is going to come awesome in coming quaters,,as sales has grown. so my assumption saying definately this is going to make new highs chart is also looking fantastic for this ticker. well if i seee chart we can see breakout in week one or two...then price will towards 1500+ i can say 1550 is not much far once this breakout will trigger on chart..well company is good for long term...buy with target above 1550+ and keep stop loss 1250 and enjoy the ride.
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M&M- Trendline BreakoutM&M gave a breakout from the trendline and Retesting from that trendline, showing bullish momentum and a high probability to move upward and can give a better risk-reward ratio.
Entry Level:- Above @1320
Stop Loss:- Below @1305
Target:- 1:1 or 1:2
M&MM&M-Descending triangle pattern forming. The trend will be short expected. Wait and take trade once the breakout happens on either side. Upside target will 1360 and downside upto 1100.
Disc- Only for learning purpose and not a trading recommendation
Preparing for Breakdown The scrip is getting ready for a breakdown after forming a HnS pattern on Daily TF. keep this in radar.
M&M BTST & IntradayM&M Live market analysis
Look for breakout at 1285 this level also has a pivot which is acting as a resistance
Intraday target 1300 If we break 1300 then 1315 second target
For more details refer to the image.
Comment if you have any queries.
Happy Trading !
