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Mahindraandmahindraanalysis

Momentum Rebuilds: Can M&M Hit Recent Highs...?On 8th September, M&M broke the previous day’s high and rallied nearly 4%. However, it soon entered a gradual downtrend on the hourly timeframe, holding the ₹3575 level (the high of 5th September, now acting as support). After a day of consolidation, the stock broke below ₹3575 and closed beneath it. In the following session, it faced resistance at the same level but later broke above it again, suggesting a false breakout. Currently, the stock is retesting this zone. The Volume Profile indicator shows a significant high-volume cluster around ₹3600, adding importance to this level. 📊 Trade Setup * Entry: ₹3585 * Target: ₹3700 (recent swing high) * Stoploss: ₹3526 ⚠️ Note Due to uncertainty around the US-India trade deal and developments in the auto sector, volatility may increase. Trade cautiously and manage risk effectively.
NSE:M&MLong
by Kartik_Elkunchwar
Will Mahindra & Mahindra keep the uptrend?In the analysis of this stock we have noticed the format of two curves from September 2018 to February 2021 and from February 2021 to October 2021. Until this period, we have a resistance at 956, and we have a huge drop of the stock due to the COVID phase but it was consolidated. Then from March 2022 we notice a huge bullish trend, so to verify whether this will follow or not, we drew two trend lines and we opted for the Fibonacci Extensions in order to see at what point should we exit the trend. What we can expect is that the price will reach the line at 1308 then will drop to follow the trend line and continues the raise
NSE:M&M
by vf_investment
1
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.
NSE:M&MLong
by manuagarwal21