MHRIL trade ideas
Intraday for 16 SeptemberCan expect good range on 16 September or 17 September. Buy 233 - 235, sl @ 231. I'm positive on achieving T 3 level.
Mahindra holidaysThis is not a buy recommendation. Just for my study purpose. Study well before you invest your hard earned money
Big Volume Break out of ChannelMHRIL looks good for more upside...if it retests the channel even better, then the above targets are possible...like an impulse wave...This is an idea. Not recommendation to trade. Also remember this is a small cap so be cautious.
MAHINDRA HOLIDAYS BULLISHWEEKELY TF BREAKOUT & 200EMA BREAK WITH VOLUME THATS SIGN OF BULLISH TREND.
Something is changing hereSome big volumes, so historical repeating of pattern, some unlock news in the world and travel is starting , good company but not a performing share, lets see
Mahindra Holidays - Holiday at my resort`MHRIL - All getting synced - Pattern, Monthly RSI and Weekly RSI too. 350 pattern target. SL on Weekly closing 195.
DISCL:Not a SEBI Registered. I post charts for my own study.
Stimulus - A ray of hope for tourism industry.MHRIL is a popular hotel company operating in India. The stock reached its all time high in 2017 and is consistently in a downtrend since then. After consolidating below the significant zone the stock witnessed the great covid 19 fall. After the recently announced stimulus package the stock has shown a fresh breakout of significant zone. Buying opportunity is seen if the retest is successful and covid 19 restrictions are further eased.
**DYOR**
Time for vacationBullish Tenkan below the cloud and Chikou moved above price and now pricing inching above cloud.. can this move higher?
Mahindra Holidays - Bearish Bias - Can Short at current levels.Mahindra Holidays - Bearish Bias - Can Short at current levels.
