Hey 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...
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...
A 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 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..
NSE: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
Hey 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...
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...
M_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
CMP: 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.
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,...
NSE: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?
