Mahindra & MahindraMust Correlate yourself on charts before taking an entry. This is for Educational purposes only. Please consult your Financial advisor before investing.
M_M trade ideas
Multi Pattern breakout+ Up trend stock
+ Double bottom and Previous low
+ Falling wedge and retest completed
+ Gap is yet to be filled
- 6th touch in trend line
1st Target : 930
M&MTrade setup:
Daily TF: Broke out of Pennant formation (continuation pattern) with volumes. Structure changed to LH - LL to HH - HL (bullish). taking support at 200 EMA. 750 INR levels will act as strong support.
Weekly TF: Taking support at 50 EMA.
Entry = 811 INR (CMP)
SL = Swing low ie; 720 INR
Target = 870 INR (t1), 970 INR (t2)
RR = 2.09 (considering T2)
Enter after the breakout - M&M Can accumulate up to the trendline and keep SL below it. Target will be 900 to 905. Can start trailing from 845.
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Buy after breakout There will be a good buying opportunity after breakout and retest. Resistance is good and we can buy it after breakout and remove retest
M_M breaking up from a descending triangleM_M gap up breakout from a descending triangle pattern.
Descending triangle pattern with gapup breakout has a high success rate.
also moving above the POC and cloud.
SL - 770.. in case it enters the triangle again
M_M towards 900- 930 levelsI have been covering M_M since 750 levels, and it is still looks positive on all the time frames.
There is a probability of Bat Pattern on the Daily Chart, and sustaining 830-840 levels, it would most likely be moving towards 900-930 levels in the coming trading sessions
MAHINDRA & MAHINDRA 1HRMAHINDRA & MAHINDRA is making triangle pattern and taken support from a very strong support zone, now can retest and then target is of the green line sl will be or the short can be below the black line.
mahindra and mahindra broke the major resistance after a year , watch it very closely .
good for swing
M_M might move towards 900 levelsMahindra and Mahindra saw remarkable moves in the last few weeks.
800 was the level, that the stock was resisting for many months, last month stock finally broke above and also managed to close above this level.
Currently, it is trading at 827 levels.
Now 800 level would act as good support, if any dips come, currently which looks unlikely, but yea, sustaining above 800, stock mostly be moving towards 860 - 900 - 950 levels in the coming weeks.
brokout finally........mahindra and mahindra formed the tripple bottom traingle patern which is a bullish one....
one can definetely enter here to make good profit...
looks similar as of kotakbank sep breakout
M_M is taking support, high probability of rally to continueM_M is taking support, high probability of rally to continue
Buy Rating Mahindra and Mahindra Broke the trendline on daily and weekly candles.
Rising volumes and momentum.
Mahindra and Mahindra swing trade Hello Guys,
Here I'm sharing very good pattern in M_M i.e. A flag and poll pattern.
Auto sector looks bullish and from that we can take a bullish trade on M_M as well not on that basis the as per price action also.
so as I said this is bullish flag and poll pattern or rising wedge its also on the 200 day moving average that is on a daily time frame a good and strong support zone
we can definitely go ahead and take buy entry after breaking this trend line and retesting the trend line (bullish trade).
that's it from my side if I miss something or my analysis is wrong you can definitely suggest me in comments.
thanks and regards
Rohit kanojiya
m & m buy ideamahindra looking promising for 790 and 805 , long build up seen in this counter, swift movement likely to continue this expiry
MAHINDRA AND MAHINDRA M&M is making falling wedge pattern is good for swing opportunity don't miss it
Once the all time high is broker than our target is 100% in 2 years time period
