MMFSL: SHORT TERM UPSIDE BEFORE THE DIRECTION IS CONFIRMED
Support Levels: 324, 318 Resistance Levels: 331, 334, 335, 340, 343, 347, 354 Trendline Support Levels: NA Trendline Resistance Levels: 332-335
Hi M&M Finance seems a good buy for short term. Can buy above 339.80, with SL of 327 and targets of 365/377. MACD is positive and RSI is above 50. The RR is 1:2. So its worth taking a risk.
Idea is to find the stock which move within the opening range for a while and then trade on break out of opening range. today it was M_M FIN yesterday it was ICICIBANK ( I am doing a dry run on this idea )
M&M FINANCE LONG Bullish pattern forming Entre Around Point D For education and learning purpose only.
Mahindra & Mahindra Finance closed to range break out .When break out done after that get the postition in MMF.
CAN SHORT BELOW 415 FOR 409,405,402 & MORE INTRADAY.
PERFECT | RISE ON | FALL ON | 30 MINUTE
Buy 461-2, Trgt 574, SL 458. Strong support of 200 DMA and 460 Put OI.
Took a long position from hourly with stop as shown. Missed the daily move early so had to hop in from hourly. Stop and targets as shown.
Prices are at supports, a bounce (though a counter trend or a reversal) is likely. Initial test of 500-505 expected, stop loss 480.