Manappuram Finance - Completed five waves upManappuram Finance - Seems to have completed 5 waves up. It should at least go below 85. And may even touch 50 depending on how the correctives waves play out.
MANAPPURAM trade ideas
Manappuram, 200 DMACovered this study several times. Price is again at 200 DMA. This proves importance of 200 DMA. Expecting that negation with 200 DMA is about to be over.
ManappuramFin, 200 DMAI covered this stock a few days back. A close study will make it clear that before every time price moved up from 200 DMA, it spent several days at and around this MA.
Manappuram, 200 DMAThe chart speaks more than words. How price responded at 200 DMA. Now again price is at 200 DMA.
Mannapuram - Good one to go longMannapuram
CMP 126.
Stop 110
Target 155 plus
Daily chart
Stock has broken out of a cup pattern with good volumes.
Bouncing off from upper cloud support on weekly chart .Bouncing off from upper cloud support on weekly chart and bullish Tenken & Kijun sen cross . One of my favorite chart set up for Long term investment .
