MHNDR trade ideas
Mahindra and Mahindra Price at Resistance.Daily price close above 520 than it is really ready to move above.
if price not close above 520 than it can take support at the lower region around ( 480 rs ) for short time.
M_M Elliote wave setup in weekly time frame !Hey hello brother my self Ravindra,
You will find me on my bio
If you are Know litle bit aboute elliote wave you will get my point that what i want to say in chart, Dont worry if you still dont understand !
We have completed our impulisve wave Have (1+2+3+4+5)and now shifted toward corrective wave(A,B and C),
You will get 3 rd extensive wave at fib level 0.318 @ 500, When you will extened wave 1 to 3 you will get wave 5 th at fib 0.618 which is last impulsive wave done @ 240 And now we Are shifting to Corrective wave A we will get litle bit correction from Corrective Wave A toward 400, Show if you finding an opportunity to short you can short below 460 for target toward 440-420-400 Then close your postion. We can see Mahindra and mahindra 600-700 level bt according to elliote wave principle needs to done wave B first .
Thanks Hope you will Like my analysis You will get many succesfull trade just look toward my past analyisis
MAHINDRA AND MAHINDRAMAHINDRA NEAR MAJOR RESISTANCE , IF RESISTS INTERESTING LEVELS TO WATCH
VIEWS AND SUGGESTIONS INVITED
Mahindra and Mahindra from 4 June 2020Major trend is upside .. secondary trend is agressive upside .. prices can consolidate for some time then a breakout towards upside can be expected. good buying can be expected above 500
Time to book profits in M&MAt weekly resistance. Time to book profits.
one can short with stop loss 520.
Expecting good returns though risky.
M&M with AB=CD extended Bearish two patterns in M&M on Daily Chart ... it should reverse form these levels
M&M go long!Go long once when the price comes down and crosses above the green line. SL @ the bottom-most trend line.
M&MBuy M & M small qty at 432, and add more qty once crosses 436 with sl of 430 for a target of 449.
M_M Chart AnalysisExplained the Levels and Patterns in the chart.
With a high degree of precision, I can say that Eliott Wave 5 formation is in progress. Also seeing AB=CD Harmonic Fib pattern along with XABCD Pattern with 0.886 FIB acts as solid reversal zone.
We can set up our trade accordingly.
Buy setup M&M by elliote wave + price Action !!Hello, guys attention Please I didn't get enough likes.
Add some M&M in your portfolio you can see a good return in a few weeks,
Currently, it's riding on wave A which is a corrective wave and rejected by 0.318 fib level and now move toward control price expected to seen pullback from here!
If you need where to place stop loss then message me !
Thanks
complicated TA doesn't work. keep technical analysis as simple as possible. today i missed this bounce, from support.
