MANAPPRAM MAKING TRIANGLE PATTERNthanks for the support guys
if you have any questions ask in the comment
MANAPPURAM trade ideas
MANAPPURAMNSE: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 tradingMANAPPURAM Buy for intraday trading if stock break the given resistence level..........
MANAPPURAM ( 16-01-2023)For education purpose. Take trades at your risk with proper stop losses and risk management
Kudos
Prajith
MANAPURRAM FINANCE CUP and HandleNarrow Range from 7 Days
above @ 126 target range @ 147
SL @ 119 as 20 EMA
MANAPPURAM FINANCEFrom 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.
manappuram finance shortThere are many factors i have jotted in the char itself, i feel it should be short with a stop loss of 126
Manappuram - Gold, silver strength a +ve. Expect strength hereManappuram 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
Bullish 🚀🚀🚀🚀 Manappuram Finance 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 Trendline SupportManappuram 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.
MANNAMPURMA FINANCE..Manna from heaven tradeGood Breakout..with Good momentum..so buy in instalments to tgt ..
MANAPPURAM FINANCE LTD - Crossover Trade📊 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 Moving Averages also giving crossover.
📈 Volume is increasing along with price which is volume breakout.
📈 Current RSI is around 70.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 116.65
🟢 Target 🎯🏆 - 138
⚠️ Stoploss ☠️🚫 - 106
⚠️ Important: Always maintain your Risk & Reward Ratio.
⚠️ Purely technical based pick.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat🔁
Happy learning with trading. Cheers!🥂
UPDATE ON MANAPPURAM!!previous analysis is in the link section.
just here for a reupload of my analysis, and a update on it, that the waves which i had drawn are going perfectly.
today as on 12th of October, manappuram have given a breakout, and went above 5%.
great stock to buy, good with fundamentals, business model, and sales are surely to increase.
good movement is gonna come and one can earn about 94%.
ManappuramI bought Manappuram
Manual trend is up
Candles are above 100 EMA
RSI is above 50
Sl below 85 with open targets
It will be good buying opportunity in Mannapuramif the price break above Rs. 102 it is a good buying opportunity for short term investment.
MANAPPURAM levels, and waves!!"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. one can go on putting more money on every time, when it falls during its rising.
MANAPPURAM at a discount!!!this waves are drawn based on the stock which is at major discount and with a good fundamentals, so the waves will follow there impulsive moves based on its targets reached previously.
wave 1- a impulsve move to correct itself to reach the first level of its target
wave 3 - to reach the second target
wave 5- to reach the major trend line, to make the stock exactly priced.
wave 2&4 are the corrective waves, which makes the stock to rest running a long journey.
NOTE- wave 3 should not be shortest waves among(1,3&5)- Princles of Wave Theory
manappuram finance: breakout soon Manappuram Finance is forming ascending symmetrical triangle on daily charts. volume is building. wait for the price to cross above the breakout zone.
Manappuram for buyManappuram after breaking the upper trendline, took support on the trendline and looking good for an upmove. Its looking good both fundamentally and technically. Let's see where it headed.
MANNAPURAM FINANCEMANNAPURAM FINANCE WEEKLY CHART ANALYSIS
Weekly Hammer Pattern
Strong Trendline Support Weekly
Buy Above 89 (MACD + Divergence)
With SL 80
TGT 120 (1:4)
ONLY THINK FOR BUY
BULLISH CHART PATTERN
MANAPURAM STOCK testing the TrendlineMANAPURAM FINANCE stock is testing the trendline in weekly timeframe. We can go LONG (buy). for confirmation hammer candle is also formed. Do your research! and take position.
