M_MFIN is trading in //lel channel and we can see possible reversal from upper line. Incase if recover and cross the channe - strong upside is in store. If reversal continue - possible downtrend in next couple of sessions. Add to watch list -- follow market trend
M&M FINANCIAL gave trendline BO (Red line) and closed above it. Crossing 137.20 can be a good upside move towards 140-160++++++
his analysis is purely based on price action and Chart Patterns. Analysis done in live market. Kindly do your own study before trading. The analysis is on 15min TF hence target can be achieved in intraday trade. Trade strategy is explained in image itself. Don't run after the price. Always plan your trade & trade your plan Keep trailing SL accordingly once...
M&MFin is expected for an upward breakout
Mahindra Finance - Long Setup - based on supply and demand.
M&M is moving in the range 173 to 190, watch for break out level to get good returns levels on the chart Disclaimer : This is only for study purpose, do your own study or consult your financial advisor before taking trade.
M_MFIN - At range resistance @185 Selling may trigger below 172 levels Trgt @ 142 - 138 Stop 190 CMP 177 RR : 2R
SPOT: M_M FINANCE B 332 SL 327 TARGET 336,340,345 INTRADAY
Took a long position from hourly with stop as shown. Missed the daily move early so had to hop in from hourly. Stop and targets as shown.