MHNDR trade ideas
Head and Shoulder Pattern formation in M&MHead and Shoulder Pattern formation in M&M
Wait for 785/786 before initiating buy
M & M - Intraday Trade SetupM & M CMP - 777.90 *High Probability*
Looking bearish in higher time frame. One can go for Intraday Trade Setup with the following entry, exit & targets.
*Sell* At or Below 774 / Stop Loss 785
Target 1 - 770
Target 2 - 765
Target 3 - 760
Disclaimer: This is my view and for educational purpose only.
Mahindra & Mahindra may give breakout from triangleMahindra & Mahindra may give breakout from triangle pattern
Double BottomStock Analysis: M_M has formed the double bottom and broken the falling channel, as long as it is not braking the below demand zone (Marked on green) expect market to reach the target given the chart. Lets' see
Happy Trading!
M&M BUY AT 820. TARGET 861. SL 790. HOLD FOR 7 DAYS# After showing a minor declines/sideways consolidation, the stock price has shifted into an upside bounce.
# Today’s upmove could be considered as an upside breakout of the narrow range movement/immediate resistance.
# The short term trend seems to have turned positive.
# We observe a formation of positive candlestick pattern as per intraday/daily/weekly timeframe chart.
# Volume has started to rise along with the upmove in the stock price.
# The intraday/daily RSI is showing positive indication.
# The overall bullish chart pattern of the stock price indicate long trading opportunity. One may look to buy as per the levels mentioned above.
M&M making morning star at support and triangle breakout level M&M making morning star at support and triangle breakout level good time to enter
M&M - Elliott wave analysis - ABC correction It is in correction mode as ABC down. B wave is in progress and should bounce up to 870-80 level and then it will start C wave down.
m&m taking supportm&m taking good support of trend line and also a demand zone upside momentum is for 10% swing trade
M&M viewM&M is currently at swing support of 835 on daily chart & respected it today. But if it breaks this support then it can go till 800 levels which is it's very crucial support on trend line as well psychological levels. Watch out.
