Once the monthly candle closes inside the megaphone📣. We can see a dip, Double top will be activated in weekly candle. In hourly time frame, Head and shoulder's neckline has been broken. My view may go wrong, so do the analysis and make 💰 💰
NSE:M_M reacting from 4h supply. 6R if the external liquidity is extracted successfully. I am not a SEBI registered advisor. Just having a passion to read the charts.
we can short M&M as per our prediction it is making bearish divergance also
Mahindra & Mahindra bull view above 1533 for tomorrow 8th Aug 1518-1520 area will act as support... Avoid if break below 1518 Follow strict risk reward and stop loss Charts for Educational purposes only. Thanks, V Trade Point
Chart is self explanatory & for study purpose.trade must be adv by fin.cnsltnt.
M_M Pattern = Flag and Pole Type = Bearish Entry Level = 1536.60 Stop loss = 1556.35 Target 1 = 1500 Target 2 = 1465 always book 50% profit on 1 target and trail Sl Cost-2-cost and wait for 2nd target
M&M making a Falling wedge pattern and retracement at 50%. Entry - After breakout confirmation Target 1 - 1594 Target 2 - 1660
Price Breaks Crucial Resistance And Heading Towards New Highs
M&M good for booking profit is short run. I think Nifty profit booking started today, so all the big guys will see profit booking.
Buy above high of breakout candle atr 1278.85 Stoploss at 1251.25
It looks bullish .. i am using supply and demand ..
We have seen 20% correction from the All Time High level of 1397 level and now Price near the support zone of 1120 -- 1145. If price consolidate between the range of 1150--1185 and than breaks the 1185 level than we can see upmove towards the upside and target will be 1215/1250/1300+ If price breaks the level of 1120 and closes than target will be 1080/1060+ ✅
We have seen 20% correction from the All Time High level of 1397 level and now Price near the support zone of 1120 -- 1145. If price consolidate between the range of 1150--1185 and than breaks the 1185 level than we can see upmove towards the upside and target will be 1215/1250+ If price breaks the level of 1120 and closes than target will be 1080/1060+...
Price is hovering around the resistance for last few days as the resistance is broken support line of many days and if the resistance is broken it can touch ATH and can go beyond ATH also
Stock is uptrend and the pattren is side ways in 1h time fame its time to breake in any direction hope it is usefull...
Best time to buy it's making up trend+hammer candlestick in weekly time frame