NSE:MANAPPURAM Completion of Rounding bottom in Manappuram Finance. Target: 265
Good breakout with volume on daily chart. After very big correction, stock trend is changing. Very nice risk reward almost 5:1. can long above 180 for target of 216 ad Sl will be below 167.
Go for buy with keeping stoploss at 165. target is 184 to 186. Disclamer:Please check with your financial adviser before taking any trade and also put your own analysis.
www.tradingview.com CMP : 156 TO 158 STOP LOSE : 173.05 TARGET : 138, 119
All the key levels are mentioned in chart with Stop-loss and Targets Disclaimer I am not sebi registered analyst My studies are Educational purpose only Please consult with your Financial advisor before trading or investing
Manappuram Finance Gold Price will play an important role in coming week.
Manappuram Looks Bullish Buy at CMP - 157.5/- Target - 176/-, 187/- 198/- + Daily CBSL - 147 Always Book partial Profit on 10%-15%, 25-30%.
Manapuram is forming a inverted Head and shoulder pattern with the support of 20 Ema and a break out to the symetrical triangle. look good for a long trade. However, if you are a safe trader wait for the breakout to the green trend line.
MANAPPURAM FINANCE has formed a technical pattern. One can trade as soon as it breaks the pattern.
I'm not an expert I'm just sharing my views on MANAPPURAM FIN for next trading day I'm not responsible for any profit or loss this is not a recommendation
NSE:MANAPPURAM is forming a potential cup and handle formation. Breakout on the upside could take the price around 250 zone in near term.
#MANAPPURAM Manappuram Finance Ltd. CMP: 156.65 Target: 165 / 177 SL: 152 If u like my work, kindly LIKE SHARE & FOLLOW for latest stock recommendations. :)
short below 156.4 for target as par chart long above 164 for target of 184
Chart is self explanatory. After a rally from 151 to 184 time for a minor correction to around 171. This is also supported by an overbought RSI. From there a new rally towards 196 will resume if markets remain positive.
#MANAPPURAM finance form the Bearish Harami cross after a strong uptrend. All indicator on overbought zone while stock face resistance from 3rd Feb 2020 level and closed below. Showing Overbought result in Technical Parameter: CCI is Overbought zone RSI is Overbought zone William %R is Overbought zone Stoch is Overbought zone New short Bearish Harami...
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I have a mixed feeling regarding the stock for now but it is still in retracement phase buy if above 115 for 117-119 targets short if below 114 for 111-104 targets as for now NBFC sector is not playing well we may see still more correction in the stock Fibonacci yearly golden ration 1.618 is playing a main role for the second time at 115.05 level if it cannot...