M&M - IntraDay Trade Analysis
Last Updated Time : 02 Aug 25, 12:58 am
Back to IntraDay Trade List📊 IntraDay Trade Rating: 4.3
Mahindra & Mahindra Ltd (M&M) is a strong candidate for intraday trading today, supported by bullish momentum, favorable volume, and technical strength. Here's a detailed breakdown
✅ Intraday Trade Viability
Trend Strength
Price is trading above both 50-DMA (₹3,124) and 200-DMA (₹2,924) — confirms bullish trend
52-week high is ₹3,303 — current price near breakout zone
Momentum Indicators
RSI: Neutral at 53.6 — room for upside without being overbought
MACD: Strongly positive at 32.2 — bullish crossover
ADX: Moderate at 21.6 — trend is gaining strength
SuperTrend: Bullish at ₹3,234.5
1
Volume
Current volume: ~19.3 lakh, slightly above weekly average — healthy participation
VWAP: ₹3,237.8 — price is above VWAP, confirming bullish bias
1
💰 Optimal Buy Price (Intraday)
Buy Zone: ₹3,214–₹3,220
Trigger: Enter long if price sustains above ₹3,220 with volume confirmation (5-min candle close)
VWAP Reference: ₹3,237.8 — price above this level confirms strength
🎯 Exit Levels
Type Price Range Strategy
Profit Target 1 ₹3,245–₹3,259 Conservative exit near resistance zone
1
Profit Target 2 ₹3,280–₹3,303 Aggressive exit if breakout sustains
2
Stop Loss ₹3,199 Below intraday support and SuperTrend level
2
📈 If You Already Hold M&M Today
Exit Signal
If price fails to hold above ₹3,220 and volume fades
If MACD flattens or RSI dips below 50
VWAP Breach: Exit if price falls below ₹3,237.8 with bearish candle confirmation
Reversal Zone: Watch for weakness near ₹3,259–₹3,280 — this is a key resistance cluster
1
2
🧠 Final Thoughts
M&M is showing strong technical momentum and is well-positioned for intraday gains if price action confirms. The stock is near its 52-week high, and a breakout above ₹3,280 could trigger further upside. Ideal for momentum-based intraday strategies with disciplined risk management.
Would you like a trailing stop strategy or a watchlist of other auto sector stocks for intraday setups?
1
intradayscreener.com
2
www.equitypandit.com
Edit in a page
Back to IntraDay Trade List