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...
Hey guys very good morning, How are you doing nowadays? If you are taking trade which is less risky and high return then you look toward manappuram finance Long at a current level (positional trade as well) Stoploss 100 Target 118-125-135-140
The stock took good support at major trendline, providing a room for more upside. NSE:MANAPPURAM
MANAPPURAM (Manappuram Finance Ltd) SELL BELOW 162
A long TL just broke. The clogging area near the TL indicates imminent breakout with an underlying 20-50 MA crossover.
This stock looks to be bracing up for an upmove to give a decent Risk Reward Trade, following are the favorable conditions: Technically: 1. multiple tested lows near 98-96 range but failed to break below 2. Have just moved above the most traded zone and should hold these levels if the hypothesis is true Other reasons: 1. Fundamentally a good stock with good growth...