M&M 4hr Time FrameBearish Trend-Continuation ,,,Symmetrical Triangle Formation. Fresh Entry for Break-down
M_MFIN trade ideas
M&M FINANCE ANALYSIS FOR LONGTERMEven in this the fib extension 62% acted as support area next resistance is at 280 i will post even for shorterm ttrading
M&M short termI have found probability of new high levels for M_M FINANCE by using thegannfann,fibonacci etracements give a clear look at charts & look how many time retests has done near major retracement levels. You can ease your analysis by fib.follow my insta @trade_bullz for more knowledge.look out even the shortern resistances
SPOT: M_M FINANCE B 332 SL 327 TARGET 336,340,345SPOT: M_M FINANCE B 332 SL 327 TARGET 336,340,345
INTRADAY
M&M Finance - Searching BottomSupport Levels: 324, 318
Resistance Levels: 331, 334, 335, 340, 343, 347, 354
Trendline Support Levels: NA
Trendline Resistance Levels: 332-335
M&M Finance - BUY - Short TermHi
M&M Finance seems a good buy for short term.
Can buy above 339.80, with SL of 327 and targets of 365/377.
MACD is positive and RSI is above 50.
The RR is 1:2.
So its worth taking a risk.
Price range consolidation Idea is to find the stock which move within the opening range for a while and then trade on break out of opening range.
today it was M_M FIN yesterday it was ICICIBANK
( I am doing a dry run on this idea )
MAHINDRA & MAHINDRA FINANCE LONGM&M FINANCE LONG
Bullish pattern forming Entre Around Point D
For education and learning purpose only.
Mahindra & Mahindra Finance closed to range break outMahindra & Mahindra Finance closed to range break out .When break out done after that get the postition in MMF.
M_MFIN looking goodTook 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.
Mahindra & Mahindra FinancePrices are at supports, a bounce (though a counter trend or a reversal) is likely. Initial test of 500-505 expected, stop loss 480.
M&MFinanceFourth leg of Harmonic Pattern is about to be completed. Open Interest resistance is also building around this 500 level which is also making a Double Top pattern. 200 DMA offer repeated support to push the price to higher level.
Now, price may correct for a few days and may resume its upward journey. Holding above 500 it will be a breakout.
