M&M IF THE PRICE RISES AND FALLS AT 629 THEN IT WILL MOVE DOWNWIF THE PRICE RISES AND FALLS AT 629
THEN IT WILL MOVE DOWNWARDS UP TO 623.
MHNDR trade ideas
V - Shape recovery - 40%+ ProfitabilityStrong buying seen resulting in V pattern which results in high probability move in same direction further providing target which has atleast same length as that of V shape
MAHINDRA & MAHINDRA 10 AugustM&M in downward trend as per
Macd - 20.58,
RSI - 59.15,
If M&M will give breakout below 'LONG TRENDLINE' then we might go for 200 DMA which is a strong Support,
so we can go for short on 10 August if we will get confirmation.
5 Days for Earnings 676 ?again intra day scan ...
figure this should pump a wee bit more before we have the pullback to possibly the level we are at now or 580ish
If it opens gap up 629-640 on wards is shorting territory .
Gap down
buy
573-588 with a 569.85 stop which i doubt we will see but hey ...
targets on the chart
Strong Buy that it cant make even a WICKM&M looks hell bullish that it doesnt even gets the chance to make a wick in the candle. Keep adding and make the stock Move up and running.
wait for clear direction, in swing easily we can make 14% to 17%whenever price came to this blue line, price gave minimal 14 ot 17% return.
SALE M&M FROM 599.5 TO 603 STLOSS 607 INTRADAY TARGET 590 582SALE M&M FROM 599.5 TO 603 STLOSS 607 INTRADAY TARGET 590 582
MAHINDRA & MAHINDRA - M&MNSE:M_M
Had shared this chart on 6th July, and just see how it flew after crossing 574, one way to 590 as per given targets.
Now take entry above 592 for 600-602, and once it break 602, play directly for 624.
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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 AND MAHINDRAIt has seen heavy short covering and is in good upmove, let it cross 574 and sustain, 590 is the next target, and above that 600 and then 624.
R-0010 Resistance break out for M&M (Long) There is a cloud breakout for go long in M&M at CMP 515 with SL 495 TGT 535/560
