MHNDR trade ideas
Bearish price channel breakout of Mahindra &Mahindra (M_M)This breakout is based on a one day time frame basis. This stock is on uptrend making higher highs and higher lows, its last high was on 8th February 2021 after which it started forming bearish price channel and retested its previous deep retracement zone forming double bottom meanwhile 200 MA was also in the same retracement zone. Then came the breakout of the price channel and current price is above 20,50,200 MA.
M_M - Double bottom or Anti Shark ?M&M very interesting candidate to watch, Harmonic showing Anti Shark at suppy zone where as it also gave neckline breakout of double bottom.
M&MLooking good to go Long
All the key levels are mentioned in chart with Stop-loss and Targets
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
buy M&Mit has confirm the double bottom and W patttern by closing abv 784 in 2 hr chart. we may see minimum 840 levels in coming days. view negated below 760
Flag Breakout - M&M (819) Heading to 1050+ Flag Breakout - M&M (819) Heading to 1050 in short to mid term
T1 - 990 (ROI 21%)
T2 - 1050 (ROI 28%)
Please do research and take advice from your financial advisor before investing
STOCK FOR NEXT THREE DAYS MAHINDRA AND MAHINDRA LTD.Good evening friends, We are today sharing our view on MAHINDRA AND MAHINDRA LTD. if stock is able to sustain above 800 level than it can reach to 865 in short time.
We are only sharing our view on this stock.it is not at all nay recommendation or tip.
Regards.
Broken Falling WedgeStock Analysis: M&M has broken the falling wedge pattern as long as it says above the trend line expected target marked on the chat.
let's see...
M_M Ready for a Breakout!!Mahindra and Mahindra is ready for a breakout. Mahindra is following this pattern for 110 days so this break out will give us a great return.
M_M is getting ready to FLYYYYYYYYYYY 100th analysis M_M: Formed descending triangle of Elliott corrective wave. Watch the price at watch out zone and go long !
I joined tradingview back in Feb 7, 2021 . This is my 100th Analysis and I am happy to have 100 followers! Thanks to everyone for the encouragement! Let's work together for better future !
