M_M trade ideas
Watchout for M&M!!!Breakout for M&M from an inverted Head and Shoulders pattern in 15 minutes chart. This was supported with high volumes. Technical indicators RSI and MACD were also giving positive signals. RSI is in the Overbought zone and MACD line is above the Signal line.
The first target has been set at Rs 645.5. The second target is set at Rs 662.20. The stoploss is set at Rs 597.25 which is the low of the right shoulder.
M&M (NSE) - Elliott wave analysis Welcome guys,
CycleWave is the top author sharing trade ideas based on EW analysis since last five months on the global stocks, currency pairs, cryptos, future indices and commodities. You can follow us to get more trade ideas/analysis.
M&M (NSE) - It has completed impulse from Covid low and now correcting that move in complex correction. It is in (X) wave cycle, which seems zigzag ABC and B is in progress. so stay bullish in pull back slight down for C wave up.
Give thumbs up if you really like the trade idea.
ShortMarkets are under correction and i believe most of the scripts including the index have topped and made high for this year, short against the top for targets around 410
Bullish Harmonics in M&MAfter 04 days of fall M_M shows a retracement, I am expecting a pull back to 550 - 547 wherein we can buy with SL of 537
#AG
Mahindra & Mahindra - Intraday Setup M&M CMP - 575.10 looking bullish for Intraday with the following targets.
Buy @ 570 - 580 / Stop Loss - 565
Target-1 585
Target-2 590
Target-3 595
Note: This is my view and for educational purpose only.
MAHINDRA & MAHINDRA - KEEP ON RADARIF IT BREAK 598-600 IT CAN REACH 592, 588 AND 582 ON DOWNSIDE
*************************************************************************************************************************************************
Hi all,
Its pleasure to have you all here.
I have started putting these charts as a contribution from my side to all people who are new to business, as I had to struggle a lot without any sources at disposal. So please consider this a just small contribution from my side.
Few Honest Disclosures:
1. Any idea shared is my personal view, its not a recommendation, neither any kind of paid propaganda, so please
do your bit of research.
2. Ideas shared does not mean that I trade all or have position in them, this is just a helping hand to all.
3. I expect no comments or like nor any negativity, as I said its just a small helping hand from my side, please plan your risk and trade as per your capacity.
4. To trade in Cash, options or futures is your sole choice and your own risk
5. I am no expert in Tech Indicators, I believe in support resistance and trendline theory, you may use this as a supplement theory for better results.
6. I work for my own living, this is a hobby which I do sincerely to help anyone who might come across my charts.
***********************************************************************************************************************************************
M&M (NSE INDIA)M & M is moving above resistance area on Monthly chart with good volumes , Expecting it to be above 1000 in 2021 First Quarter.
MAHINDRA & MAHINDRAIts been bouncing off from 598-600 , if u catch it near this range play it with stop loss of around 598-600 for target of 608, 618, 625
**********************************************************************************************************************************************
Hi all,
Its pleasure to have you all here.
I have started putting these charts as a contribution from my side to all people who are new to business, as I had to struggle a lot without any sources at disposal. So please consider this a just small contribution from my side.
Few Honest Disclosures:
1. Any idea shared is my personal view, its not a recommendation, neither any kind of paid propaganda, so please
do your bit of research.
2. Ideas shared does not mean that I trade all or have position in them, this is just a helping hand to all.
3. I expect no comments or like nor any negativity, as I said its just a small helping hand from my side, please plan your risk and trade as per your capacity.
4. To trade in Cash, options or futures is your sole choice and your own risk
5. I am no expert in Tech Indicators, I believe in support resistance and trendline theory, you may use this as a supplement theory for better results.
6. I work for my own living, this is a hobby which I do sincerely to help anyone who might come across my charts.
***********************************************************************************************************************************************
Buy MMMM and finished an irregular flat correction. We can buy the same with today's low as stop loss.
What next after failed Double top M&M is looking strong and it has given strong reaction to demand zones when there was bearish day. We expect to continue the uptrend.
M&M making the topMahindra and Mahindra motors is almost making the head and shoulders pattern.
let see how it develops
R-0196 Short Term Cash Buy M&M @642.25-645.25 SL 630.7 TGT 667Short Term Cash Buy M&M @642.25-645.25 SL 630.7 TGT 667
Above VWAP and bearish reversal pattern so we expect more upside also followed by MACD cross over.
Looks Like it will give all Breakout #Nifty As this stock has given all type of breakouts in near term so its looks like that it will succeed in breaking its near term Resistance level of 675 & 690 level pretty soon
M&M is at PreCovid Support levelsM&M is going to touch PreCovid Support level 595. respecting that level then it can go to 640 breaking that would go to 560,530. trade accordingly.
