Mahindra & Mahindra - 1 hour TFM&M making a Falling wedge pattern and retracement at 50%.
Entry - After breakout confirmation
Target 1 - 1594
Target 2 - 1660
MHNDR trade ideas
M&M good for booking profit is short run
M&M good for booking profit is short run. I think Nifty profit booking started today, so all the big guys will see profit booking.
M_M near SUPPORT ZONEWe have seen 20% correction from the All Time High level of 1397 level and now Price near the support zone of 1120 -- 1145. If price consolidate between the range of 1150--1185 and than breaks the 1185 level than we can see upmove towards the upside and target will be 1215/1250/1300+
If price breaks the level of 1120 and closes than target will be 1080/1060+ ✅
M_M near the SUPPORT LEVELWe have seen 20% correction from the All Time High level of 1397 level and now Price near the support zone of 1120 -- 1145. If price consolidate between the range of 1150--1185 and than breaks the 1185 level than we can see upmove towards the upside and target will be 1215/1250+
If price breaks the level of 1120 and closes than target will be 1080/1060+
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad.
M&MPrice is hovering around the resistance for last few days as the resistance is broken support line of many days and if the resistance is broken it can touch ATH and can go beyond ATH also
M_MConfluence:
=About to break market structure
=Market space
LONG @ 1225.80
Stop loss @ 0.50%
Target @ 1%
Disclaimer
ONLY FOR EDUCATIONAL PURPOSE.
MAHINDRA&MAHINDRAStock is uptrend and the pattren is side ways in 1h time fame its time to breake in any direction hope it is usefull...
M_M stockM_M --- View Positional Bearish
1) at time M_M chart making LL, LH Structure
2) 1200-25 Strong Support Now react as a Strong resistance
3) 200 EMA below still sustain
#nifty50 #niftyoptions #BankNifty
#investing #investment
Wave 4 begins new low could be 948...Another Adani pattern is on Mahindra and Mahindra. For M_M wave Elliot impulse Wave 3 ends and Correction of wave 3 (Wave 4 begins). Volume has decayed and new highs has been rejected. Lows could for 948 leve with an SL of 1380....This could be a good short opportunity.
MAHINDRA & MAHINDRAMAHINDRA & MAHINDRA
A weekly breakdown below Point B has invited a downside target till Point D
M&M: BEARISH VIEWI am Bearish, when it comes to M&M
Few Reasons
1. Auto Sector Showing Weakness
2. Fake Breakout to upside
3. The only support now it has is near to 1000/- price level
Mahindra shortEntry - 1147
Target - 1130
Mahindra and Mahindra is at a very important level. If it goes below 1147 then short it (Intraday). Target is 1130 and stoploss is previous candle high.
M_M (23TH MARCH 2023) 15MINUTENSE:M_M
Hello traders ,
All important levels are drawn in the chart.Work with risk reward ratio. not taking a trade is also a trade.
A trade cant change anything keep in your mind,if you think one trade can change your life then you are doing gambling in the market.take calculated risk.
this is only for educational purpose. before taking trade take advice from your financial advisor.
M_M - Weekly AnalysisIn the Weekly Chart of M_M ,
we can see that, it will give a pullback and we will see a downward Price action.
Trendline is not retested even once.
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
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.
