The Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart).
Note: Its my view only and its for educational purpose only. Only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only...
NSE: M_MFIN is closing with a bullish swing reversal candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 8% to 12% gain on...
5 Step Analysis
1. M&M Finance on Daily TF wee can see the stock has broke the trendline with high volume
2. Short & Medium Term Momentum going weak
3. From last couple of days stock made Evening star Pattern which indicates further downtrend
4. Stock has made on Daily TF Rising wedge Bearish pattern formation which is bearish signal for stock
5. Coming week we...
Disclaimer- The risk of loss in trading stock, future,forex and option is substantial and losses may exceed initial investments. Past performance,wherther actual or simulated, is not indicative of future results. By viewing this video you agree that decision to purchase or sell any financial product is the sole responsibility of the person initiating such a...
In a weekly timeframe, M&M Fin has given a trend breakout and is still under the resistance below 190.
Once it crosses, 190, there is a possibility that it may reach the level of 220.
One can add it to the watchlist and observe it for education purposes....!!
M_M FIN BREAKOUT GOOD potential breakout if this price sustain this level then we will the good up move in upcoming sessions thank you for reading my idea make sure like my idea in trading view
M&M Finance on Daily TF we can see the CUP Pattern breakout from 2018. price is going on high territory. Stock Momentum on daily, weekly and monthly basis very strong with high volume & Volatility. If price sustain on 262 on daily TF then next level can see to 310.
Mahindra&mahi finance is trading on ascending triangle pattern. As per my analysis it will breakout in 4 or 5 trading session. This is not call just my study analysis for Option buying.
M&M Finance had broken the long term channel and is now travelling higher. When it retests the channel in day chart, then it is a good stock to buy for short term. The stop loss should be kept below previous swing low.
