Mahindrafinance
M_MFIN - 1 MONTH TIME FRAMEThe Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart).
Note: Its my view only and its for educational purpose only. Only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only (strategies). we don't focus on the short term moves, we look for only for Bullish or Bearish Impulsive moves on the setups after a good price action is formed as per the strategy. we never get into corrective moves. because it will test our patience and also it will be a bullish or a bearish trap. and try trade the big moves.
we do not get into bullish or bearish traps. We anticipate and get into only big bullish or bearish moves (Impulsive Moves). Just ride the Bullish or Bearish Impulsive Move. Learn & Know the Complete Market Cycle.
Buy Low and Sell High Concept. Buy at Cheaper Price and Sell at Expensive Price.
Keep it simple, keep it Unique.
please keep your comments useful & respectful.
Thanks for your support....
Tradelikemee Academy
Mahindra & Mahindra Finance Looking Bullish, can go Long
All the key levels are mentioned in chart with Stop-loss and Targets
RSI BULLISH DIVERGENCE
Breakout
Key Levels
Volume spikes
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
Mahindra and Mahindra finance 07 July 2020Mahindra and Mahindra finance 07 July 2020
Mahindra and Mahindra finance buy given at 195
As per the day trends and hour charts we have hit the bulls eye again.
All clients made profits with least investment. Our hourly charts are our forte and our analysis sticks to beyond technical analysis we do.
M-MFIN levels are clearly explained in the picture.
Our analysis is based on 1 Hr charts and we believe 1 hour charts are a perfect tool for the daily trends and intraday analysis. Our support and resistancelevels are unlike others , we opt for hourly charts and technical analysis . Our analysis is based on levels , algorithms which we created , beyondtechnical analysis and mathematical equations and derivatives.
In the chart you can see the red and blue rounds. Clearly it shows the Supprt and resistance levels with accurate dynamics.
Sometimes we work on daily and weekly charts too for derivatives and fundamental analysis .
It’s a good idea to short sell at the current price as it’s averaging there.
Top resistance and Support is given clearly.
However average sell can be given at current price.
The lower highs and the lower lows give are also clearly explained and detailed for our intraday Analytics.
Our ideas and levels are our own created and out of our strong fundamental basic knowledge on trading and the self created analysis. That’s the reason we are highly accurate on forecasts we give.
Contact me for more analysis and recommendations.
Bullish Flag Pattern : Mahindra&MahindraHi Guys,
As you can see from above post, M_M is forming bullish flag formation with very lengthy flag pole on bullish move, so once the breakout happens we can expect market to move up. Incase, the breakout didn't happen on upper side and M_M moves downside continuously this trade is invalid bcos price may reach 1400 easily.
So take this trade only on bullish breakout after confirmation. as Nifty is also in bullish momentum we can expect stocks also to get in direction of Nifty and with these pattern formations we get more confidence in the trades we take.
Hit Likes to agree with Idea...Thanks for your support....
Happy Trading !
Mahindra Finance : Ready for Breakout Descending TriangleFor Aggressive traders triangle patterns are like ripe fruit.
Here we got descending triangle pattern in M_MFIN
Bcos they enter the direction of trade right at breakout and price takes off swiftly in their direction and at times they do employ strategy to increase their profits.
For Triangle patterns none can say with 100% confidence that it can breakout in particular direction. So the chance of M_MFIN breaking out in any direction is possible.
Happy Trading !