Reason for long a) Mr14. set up b) HSP for long c) SL compulsory
MANNAPURAM FINANCE - A breakout above Point B has invited an upside target till 2 point D's One must maintain a SL at 108 on weekly closing basis.
Inv H&S pattern in weekly TF.....BO confirm if weekly close above 122.....keep in radar....no recommendation.....only for study purpose....!!
MANAPPURAM Sell for intraday trading ................
In the Daily chart of MANAPPURAM , we can see that, after the Failure of Inverted Head & Shoulder, Bullish hammers are formed at 115 levels. Enter once it crosses 117 with 110 as SL. Go Long till 149-150, Book profits and exit the wing trade.
thanks for the support guys if you have any questions ask in the comment
This is my bearish trend idea. However wait for a fall back to a key level after trend continue to downtrend momentum, because overall structure breakout and continue to downtrend. You can see it high time frame momentum. Good luck
NSE:MANAPPURAM Note : 1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle. 2. Close, should be good and Clean. 3. R:R ratio should be 1 :2 minimum 4. Plan as per your RISK appetite Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose!
MANAPPURAM Buy for intraday trading if stock break the given resistence level..........
For education purpose. Take trades at your risk with proper stop losses and risk management Kudos Prajith
Narrow Range from 7 Days above @ 126 target range @ 147 SL @ 119 as 20 EMA
From the last 2 years it is facing Resistance at 126 level and now it is trading at this zone> If this stock gives breakout of 126 zone then We can enter for short term gain with a small stoploss. and if this stock start trade below 117 level we can start short this stock with a small stoploss.
There are many factors i have jotted in the char itself, i feel it should be short with a stop loss of 126
Manappuram is at a potential support zone With gold, silver close to recent highs expecting a decent bounce here Also good as a long term buy
I am Bullish on this one .. you should also buy this .. this is gonna be a Rocket 🚀🚀🚀🚀 Target and stoploss already mentioned in the chart . Note . ONLY FOR EDUCATIONAL PURPOSE
Manappuram is in long term trendline. It has fallen and come down, it is currently in trendline support. It is a good stock for long term buying. Though it is not going to go back to its old range of 200 to 220, it will give a minimum bounce back of 30-40 in the long term. Kept it in the watchlist. If it closes above 96, it will give a bounce.
Good Breakout..with Good momentum..so buy in instalments to tgt ..
📊 Script: MANAPPURAM (MANAPPURAM FINANCE LIMITED) 📊 Nifty50 Stock: NO 📊 Sectoral Index: NIFTY 500 / NIFTY MID CAP / NIFTY FINANCIAL SERVICES 📊 Sector: Financial Services 📊 Industry: Non Banking Financial Company (NBFC) Key highlights: 💡⚡ 📈 Script is trading at upper band of Bollinger Bands (BB) and giving breakout of it. 📈 MACD is giving crossover. 📈 Double...