Manappuram Finance Limited
Long
Updated

Manappuram | Cup & Handle Pattern 🎯

1 062
Positional Trading opportunity ! Weekly Chart Alert !!!

--Buy above =170 or CMP
--Target = 187 | 209
--Stop-loss = 159
--Lot Size = 6000
--R:R = 3.61
--Expected Profit = 2,28,000₹ per lot ( 22% )
--Expected Holding = 3-6 Months only
#ThankU For Checking Out Our Content , We Hope U Liked IT 📌

======================================================
Technical Reasons to trade or Strategy applied :-

1) Cup & handle formation
2) Volume is good at the time breakout
3) fundamental is also good ( Check Once More )
4) Refer Chart for more


Guys check out the related ideas as well, it will work really well GUARANTEED !

🙏FOLLOW for more !
👍LIKE if think is useful !
✍COMMENT Below your view !
Trade closed: stop reached
loss accepted , although setup was good ...that's OK it's a lesson for us !!!

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.