MM FIN SERVICES..BuyGave a breakout of a head and shoulders ..tgt calculated and posted ...Traders use the super trend as stoploss 30 min for positional and 3 min for intraday...Choice is yours...there are no guarantees...
M_MFIN trade ideas
M&M FIN. SERVICES LTD S/RSupport and Resistance Levels:
Support Levels: These are price points (green line/share) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline.
Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down.
Breakouts:
Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold.
Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying.
20 EMA (Exponential Moving Average):
Above 20 EMA: If the stock price is above the 20 EMA, it suggests a potential uptrend or bullish momentum.
Below 20 EMA: If the stock price is below the 20 EMA, it indicates a potential downtrend or bearish momentum.
Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set.
Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward.
Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop.
RSI: RSI readings greater than the 70 level are overbought territory, and RSI readings lower than the 30 level are considered oversold territory.
Combining RSI with Support and Resistance:
Support Level: This is a price level where a stock tends to find buying interest, preventing it from falling further. If RSI is showing an oversold condition (below 30) and the price is near or at a strong support level, it could be a good buy signal.
Resistance Level: This is a price level where a stock tends to find selling interest, preventing it from rising further. If RSI is showing an overbought condition (above 70) and the price is near or at a strong resistance level, it could be a signal to sell or short the asset.
Disclaimer:
I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.
M&M,Let the break channel and price close below fib sequence then view is bearish
But if price break channel upside and retest then view is bullish, and price tend to touch upper fib sequence.
m&mfin - SHORTTraders can consider SHORT positions on a confirmation from order flow with appropriate risk management strategies.
M_M FinanceM&M Finance
Stock gave a breakout of the trendline,
now consolidation phase, a breakout above 315,
Target 340
Above 340 , fresh leg of rally...
MAHINDRA & MAHINDRA FINAANCIAL SERVICES LIMITED 1WEEKwe can expect a good move after the Breakout and retest.
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I Am Not SEBI Registered Analyst. All Post and Levels Posting is only for educational and knowledge purpose. I Am not responsible for your any kind of loss or profit.
No Claim, All Rights Reserved.‼️
EXPECTED IMPORTANT DIRECTIONAL LEVELS FOR THE YEAR 2024Hey Folks..!
I have marked all the important directional level for this year.
All the levels have the description, Bullish movements is expected in bullish range and Downside is expected in the bearish range.
Use the levels either Standalone or Club these levels with your existing trading style & strategy it will surely give you an edge.
If in case at any point of time MAHINDRA FINANCE goes beyond these levels then i will either post additional levels in as an update or i will republish the idea with more levels.
Rules are simple , Short trades can work well in the Red / Bearish ranges whereas Long trades can work well in the Bullish ranges.
All the Best Folks ! Stay tuned for updates.
One can buy above 294 for tgt of 315looks like inverted H&S one can buy above 294 for target of 315 short-term
M_M fin might give a good swing or positional trade M_M might give a good swing or positional trade with a decent stoploss and good Targets.. as it was consolidating in that range and once it breaks we can see a good up moment
ENTRY - Above 292
Stoploss - 286-85
Targets - 303-304, 310, 320++
Note- if any trade or value that's gone from the marked levels then that's not our trade just let it go or wait for it to come back
I'm not sebi registered this is my personal view
Normal ZigZag : ELLIOTT wave AnalysisA single zigzag in a bull market is a simple three-wave declining pattern labeled A-B-C. The subwave sequence is 5-3-5, and the top of wave B is noticeably lower than the start of wave A,
M&M FinanceM&M Finance may start a rally if it holds 265 zone.
Buy in the range of 272-268 with a stop loss of few points as mentioned..
Target can be 290-310 zone..
MAHINDRA &MAH FINNSE:M_MFIN
Rsi>50
Moving Avg in Buy
Good for swing trade if close hrly timeframe abobe 280
then short term target is 294/311/324/345
support is around 260
sl 245-240 closing basis
Mahindra and mahindra financeM&M finance is on the bullish breakout, next resistance level 300---323---343.
IMPORTANT LEVELS FOR POSITIONAL PLAYERSHey Folks..! Hope you all had a great year and i wish you have a wonderful year ahead...
I have marked all the profit booking levels for the year, anyone who is holding any positions should be cautions at these levels...
In case you have a bullish view that treat these levels as a further breakout levels...
This analysis is my personal opinion and do not consider as an investment advice.
M_MFIN - Swing Trade -----NEXT MULTI BAAGGER..!!?Mahindra & Mahindra Finance Services Ltd.
Its an NBFC company catering to mainly vehicle loans.
There were few negative factors to consider on the fundamentals.
Company has -ve cash flow.
Liabilities of 113,264 Cr (Due to loan business)
But when the interest rate cut happens, this may face issue in making profit.
There is few strong points to consider
Profit has almost doubled. (YoY)
Trading at 5 Year average P/E
Public Holding is Less than 10%.
Company is going to start its business in Life, Health and General Insurance.
I would take the risk with tight Stop Loss and wait. Since all the NBFC Sectors are booming.
BUY- 281
STOP LOSS - 270
Target 1 - 350
M_MFIN - Elliott Wave CountM_MFIN - Elliott Wave Count
M_MFIN - The Market seems undergo further decline upto 246 range.
if 246 is safe then we can expect good recovery which will give buy entry.
Please exercise caution when trading as this information is for educational purposes only.
NSE:M_MFIN1! NSE:M_MFIN BSE:M_MFIN
M_MFINCMP: 288.10
1. Descending tringle Patten
2. Big bar candle
If stock price trendline candle day closing And retest than see bearish movement !
These are swing idea's which you can add your watchlist and analysis for yourself.
Keep on radar.
This content for only education purpose!
I am not SEBI Register.
My view on M&MFINM&MFIM forming flag
Above 300-301
Tgt 305-310-320++
Very short term👆
Keeping on radar M&MFIN 310 CE
M&M financials consolidation complete After long consolidation, breakout with volume was established and previous highs of 2018 nearly 320-25 were broken. After that price has been consolidating to current levels of 280-295. The price is taking continuous support on important moving averages and making it a suggested buy at levels around 270-80-90 if it test these levels for a upside of 320, 345, ,365, 400 in 9-12months. A rounding saucer has been emerged which inherently supports the continuity of strong directional uptrend.
$M_MFIN 3R opportunityNSE:M_MFIN has opportunity to get down to fill the gap and take the order block near the uptrend line.
I am seeing a 3R trade opportunity available.
What do you think?
MAHINDRA FINANACE INTRADAY SETUP FOR TOMMOROWIT has made a proper trendline in 15min time frame buy above 321 with a sl 318.6 only after retest
