Long M&M fin for target of 170M&M fin has very good history of reversing from support levels , there are good changes that it will reverse from here.
M_MFIN trade ideas
M&M Finance 1 Day Time FrameIt is taking support from its previous major support level. It is totally on demand zone.
M&Mfin took supportM&MFIN took support on their demand zone and it shows upward strength on the demand zone.
Head and shoulder pattern on M_M FINANCEAn inverse head and shoulder is seen between consolidating point in M_M FINANCE. It is a part of technical analysis which indicates potential bullish movement of the stock.
Mahindra & Mahindra Financial S - Good Time for InvestmentMahindra & Mahindra Financial S - Good Time for Investment RSI* is the Key.
M&MFIN ::: BULLISH :::DATE: 04 JUNE 2021
INSTRUMENT: M&MFIN
TREND: BUY
TIME FRAME: DAY
CMP: 168.15
BUY ABOVE: 171
STOP LOSS: 157
TGT 01: 205
TGT 02: 239
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Mahindra and Mahindra financeIt is well consolidated on the marked support.
Soon we could see a well driven bullish pattern.
Keep an eye on this stock.
It can be effective in your trade.
Find a best buying position and hold.
Note: Patients is a key to success.
Follow for more alerts.
Happy trading 😊💪
Disclaimer: This is my personal analysis for educational purpose.I am not sebi registered.
Do your analysis before taking a position.I am not responsible of any profit or loss.
M_MFIN LongStock has broken out from weekly resistance (Blue trendline) with volumes and now is showing strength.
Should give a good upward move.
M&M finance @220M&M finance: Daily chart over-all looking positive . Price level lower to move storng volume so it s continue 220 level.
M_MFIN :Bullish MomentumGive an up move from very strong weekly and daily combined demand zone.
Trade Setup: MIT
1st and 2nd Target Mentioned in chart
M&MFINM&MFIN Looks too good targets could be 180,220 300 hold long forming harmonic pattern and abcd pattern
