BUY : M&M-EQ( M&M ) [2031]

📈 BTST/STBT TRADE ALERT – BUY (CASH TRADE)

🔍 Stock: M&M-EQ (M&M) [2031]
📅 Date: 4th November 2025
🧠 By: Manjushri Sharma | Equity Guru MS
📜 *SEBI Reg. No.: INH000019497

💡 Trade Setup

🔍 Technical Insight

• Price Action: M&M has given a clean breakout above ₹3615–₹3620 zone with strong price momentum and bullish candle formation on the hourly chart.

• Trend Structure: The stock is trading in a rising channel pattern, maintaining higher highs and higher lows, indicating continued uptrend strength.

• VWAP & EMA Confluence: Price sustaining above intraday VWAP and 20 EMA, confirming institutional accumulation and short-covering momentum.

• Volume Analysis: Noticeable volume surge during breakout reinforces bullish conviction with participation from larger traders.

• Chart Confirmation: Breakout candle supported by volume and RSI crossover above 60 confirms bullish continuation for short-term swing.

📘 Trading Strategy

✅ Buy Zone: ₹3620–₹3625
🚫 Stop Loss: ₹3595 (Strict)
🎯 Target 1: ₹3655 → Book partial profits
🎯 Target 2: ₹3685 → Trail SL to ₹3625 after T1
🕒 Duration: BTST/STBT (Hold till next session for follow-through)

⚠️ Important Notes

❗ Enter only above ₹3620 with strength and volume confirmation.
🔄 Avoid fresh buying if price closes below VWAP or loses momentum.
🚫 Strict SL adherence is mandatory to protect capital.
📊 Ideal for short-term momentum traders tracking auto sector strength.

🔐 Issued by:

Manjushri Sharma
📈 SEBI Registered Research Analyst
📜 Registration No.: INH000019497
📞 6269562635 | 📧 sharma.manjushri@gmail.com

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