So M_M Just kind of broke out of this (Can't decide not closed yet) so will look for trade tmm
Let's keep it straight to the point, Shall We? 1. Emotional Investing: One of the most prevalent mistakes is allowing emotions to drive investment decisions. Fear and greed can lead to impulsive actions, such as panic selling during market downturns or chasing speculative investments during bullish phases. Solution: Develop a well-thought-out investment plan...
M&M Breakout possible Looking tgt 2000+ Very short term Keeping on radar M&M 1960 CE
> The Stock is following Rising channel from past few weeks > It has come near Recent Record Highs > Keep Tracking for Further Patterns * For Educational Purpose Only Learn & Practice Price Action Setups
After completing its fifth wave, according to Elliott Wave Theory, the asset is poised for an ABC correction in the upside direction. The A wave has concluded, followed by the completion of the B wave in the form of a triangle pattern. Should the triangle break to the upside, it presents an opportunity to initiate trades in anticipation of the C wave, with a...
M&M is confidently making its way towards a major support area, providing us with a prime opportunity to plan for a lucrative trade. Once it hits this level, we can confidently capitalize on the potential for profit. Don't hesitate to make the most of this market movement. Act with confidence and seize this chance to make a smart investment decision.
Target and SL defined. Very small H&S. Risk:Reward ratio is decent. Intraday move capture should be better option.
M_M (Mahindra & Mahindra) - Now +11%. Original idea attached.
Mahindra and Mahindra nearing crucial support of 720. Sell 720 PE @9-10, SL 15. For margin benifit buy any OTM.
Stock name = Mahindra & Mahindra Limited. Weekly chart setup Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Master Score - C Disclaimer: This is for demonstration and educational purpose only. this is not buying and selling...
We can see that there is a consolidation in this stock from past 2 months but finally today it breaks it's resistance with a bullish momentum candle on daily time frame
Mahindra & Mahindra Limited is an Indian multinational automotive manufacturing corporation headquartered in Mumbai. It was established in 1945 as Mahindra & Mohammed and later renamed Mahindra & Mahindra. Part of the Mahindra Group, M&M is one of the largest vehicle manufacturers by production in India. Bias: Buy/long Strategy: Re-emerging momentum
M&m might give an update side rally Entry - after sustaining at or breaking 1640-1642 STOPLOSS - 1620 Targets - 1680, 1700, 1720++ Ignore if heavy gapup or gap down
Inverse head and shoulder chart pattern on one hour chart, it is a bullish sign. Bullish engulfing candlestick pattern on day chart, also a bullish sign.
M&M at the weekly retest level of W pattern RSI AND VOLUME NOT favourable
Interesting analysis on M&M, as we can see on the chart whenever M&M moves in the zone of 1620-1630, usually we get to see the move upwards and make a new swing high. M&M approaching that magic zone again. stop loss - close below 1620
NSE:M_M Formed Inside Candle Pattern Inside Candle Formed on Weekly Chart .. Either Side Breakdown or Breakout is Possible the Range is So Important if Breaks Upside Then Possible Targets Are Marked if Breaks Downside Then Possible Targets Are Marked