📈 MANORAMA INDUSTRIES – Bullish Flag Setup
Date: June 19, 2025 | Exchange: NSE | Timeframe: Daily
Manorama is consolidating in a tight *bullish flag* pattern after a strong vertical rally. Price is respecting the range of 1405–1505 and is showing signs of breakout readiness.
Key Levels:
* Resistance: 1505 / 1513
* Support: 1405 / 1365
* Volume: Decreasing during consolidation, indicating healthy pause
* Indicators: MACD cooling off, RSI holding above midline
View: Bullish bias. A breakout above 1505 with volume may trigger fresh upside momentum. Keep watch for breakout confirmation.
Date: June 19, 2025 | Exchange: NSE | Timeframe: Daily
Manorama is consolidating in a tight *bullish flag* pattern after a strong vertical rally. Price is respecting the range of 1405–1505 and is showing signs of breakout readiness.
Key Levels:
* Resistance: 1505 / 1513
* Support: 1405 / 1365
* Volume: Decreasing during consolidation, indicating healthy pause
* Indicators: MACD cooling off, RSI holding above midline
View: Bullish bias. A breakout above 1505 with volume may trigger fresh upside momentum. Keep watch for breakout confirmation.
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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.
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.