"when a stock falls in such a fast movement, it rises based on supporting its fall".
the stock is in the range of 0.618 of FIBONNACI
good time to enter to take the advantage of 3rd wave.
stock will rise from Monday onwards.
targets are mentioned.
purple line shows the actual value the stock should be trading at. so the stock is available at a lot discount....
Hellow,
In manappuram finance Technical show us strong support is 152 and your first target is 169 and second is 187 for only short term . i don't recommended NSE:MANAPPURAM any buy or sell, i only present my view for this stock. So if you interested in my analysis and any question any stocks so tell me.
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...
