swing trading analysis for Mahindra & Mahindra

310
Trend
Primary Trend: Bullish
Price continues to trade in a long-term uptrend with higher highs and higher lows.
Any pullback toward major support can offer buying opportunities if bullish price action appears.
Key Support Levels
S1: ₹3,150–3,200
S2: ₹3,000–3,050
Major Support: ₹2,850–2,900
Key Resistance Levels
R1: ₹3,400–3,450
R2: ₹3,550–3,600
Major Breakout Zone: Above ₹3,600
Swing Trading Strategy

Buy on Pullback

Preferred Entry: ₹3,180–3,230
Stop Loss: Below ₹3,050

Breakout Buy

Entry: Sustained close above ₹3,600 with strong volume.
Stop Loss: Below the breakout candle's low.
Targets
Target 1: ₹3,450
Target 2: ₹3,600
Target 3: ₹3,800+
Technical View
Overall momentum remains positive while price stays above the major support zone.
Rising volumes on breakouts improve the probability of continuation.
If the stock closes below ₹3,000, the bullish structure would weaken and a deeper correction becomes more likely.

If you upload a TradingView screenshot of Mahindra & Mahindra, I'll mark:

Support & resistance
Buy zone
Breakout level
Targets
Stop-loss
Demand and supply zones
Trend direction

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.