MANAPPURAM trade ideas
manapuramit has given a break out from its range with good volumes
i will let it retrace to 195 and if there are bullish confirmation
at 195 i will start accumulate it
Manappuram FinanceWeekly breakout seen in the same.
Positional call
Target 265
Stop loss - 175
Only for educational purposes.
Manappuram Finance Long TradeManappuram Finance is breaking out the resistance level of many months on daily time frame basis. For both trading and investing it is considered as good setup. For trading purpose we shall enter our trade at LTP with a fixed stop loss of 15 points against the target of 40 points.
(Note:- This is my personal views. Please consult with your financial advisor before taking trade.)
Manappuram - Bearish Shark at DailyManappuram has bearish shark at daily Time frame. Target and cypher forecast on chart...
MANNAPPURAM FINANCE Daily Confluence of Weekly & Daily Bearish Bat strong potential reversal zones
Waiting for Break of Trend line with RSI BELOW 70
Sell
MANNAPPURAM FINANCE BEARISH BAT STRONG PRZ
Withiin 3-5 price bars PATTERN need to be get confirmed from a BEARISH CANDLE with RSI Below 70
POTENTIAL SELL
Clear Sign for Long.RSI Showing strength on Daily Charts & Weekly, Good Base formation, Long entry for target 180+ happy trading.
Manapurram Finance- Dragon Fly Doji Bullish CandleManapurram Finance- Dragon Fly Doji Bullish Candle
Price Action analysis on Few NIFTY Stocks about to break out. Simple Price action based breakout analysis of a few NIFTY Stocks and using Market Cipher on longer timeframe to identify reversal of trends
Manappuram finManappuram looks good if it holds 135 (stoploss) Targets-160,187 (hldng period 1mnth) ,forming Head and shoulders pattern ,Parallelchannel pattern ,Harmonicpattern
As on can see th formation of multiple chart patterns which are not quite often so check it and learn from it
MANAPPURAM FINANCE
All the key levels are mentioned in chart with Stop-loss and Targets
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
MANAPPURAM @Buy 140 to 146 Demand Zone MANAPPURAM @Buy 140 to 146 Demand Zone Once again ready and traded our demand zone area, for investment i believe 5 times target easily...
Daily dynamic zone TJK//Average Daily Range Levels - 10 day
study(title="Dynamic Zone - Daily", shorttitle=" Dynamic Zone - Daily ", overlay=true)
//dayHigh=security(tickerid, 'D', high )
OPEN=security(tickerid, 'D', open)
//ADR L
dayrange=(high - low)
r1 = security(tickerid, 'D', dayrange )
r2 = security(tickerid, 'D', dayrange )
r3 = security(tickerid, 'D', dayrange )
r4= security(tickerid, 'D', dayrange )
r5= security(tickerid, 'D', dayrange )
r6 = security(tickerid, 'D', dayrange )
r7 = security(tickerid, 'D', dayrange )
r8 = security(tickerid, 'D', dayrange )
r9= security(tickerid, 'D', dayrange )
r10= security(tickerid, 'D', dayrange )
adr_10 = (r1+r2+r3+r4+r5+r6+r7+r8+r9+r10) /10
adr_9 = (r1+r2+r3+r4+r5+r6+r7+r8+r9) /9
adr_8 = (r1+r2+r3+r4+r5+r6+r7+r8) /8
adr_7 = (r1+r2+r3+r4+r5+r6+r7) /7
adr_6 = (r1+r2+r3+r4+r5+r6) /6
adr_5 = (r1+r2+r3+r4+r5) /5
adr_4 = (r1+r2+r3+r4) /4
adr_3 = (r1+r2+r3) /3
adr_2= (r1+r2)/2
adr_1 = r1
//plot
adrhigh10=plot((OPEN+(adr_10/2)) , title="ADR High10",style=circles,color=red,linewidth=2)
adrlow10=plot((OPEN-(adr_10/2)), title="ADR LOW10",style=circles, color=green,linewidth=2)
//adrhigh9=plot((OPEN+(adr_9/2)) , title="ADR High9",style=circles,color=red,linewidth=2)
//adrlow9=plot((OPEN-(adr_9/2)), title="ADR LOW9",style=circles, color=green,linewidth=2)
//adrhigh8=plot((OPEN+(adr_8/2)) , title="ADR High8",style=circles,color=red,linewidth=2)
//adrlow8=plot((OPEN-(adr_8/2)), title="ADR LOW8",style=circles, color=green,linewidth=2)
//adrhigh7=plot((OPEN+(adr_7/2)) , title="ADR High7",style=circles,color=red,linewidth=2)
//adrlow7=plot((OPEN-(adr_7/2)), title="ADR LOW7",style=circles, color=green,linewidth=2)
//adrhigh6=plot((OPEN+(adr_6/2)) , title="ADR High6",style=circles,color=red,linewidth=2)
//adrlow6=plot((OPEN-(adr_6/2)), title="ADR LOW6",style=circles, color=green,linewidth=2)
adrhigh5=plot((OPEN+(adr_5/2)) , title="ADR High5",style=circles,color=red,linewidth=2)
adrlow5=plot((OPEN-(adr_5/2)), title="ADR LOW5",style=circles, color=green,linewidth=2)
//adrhigh4=plot((OPEN+(adr_4/2)) , title="ADR High4",style=circles,color=red,linewidth=2)
//adrlow4=plot((OPEN-(adr_4/2)), title="ADR LOW4",style=circles, color=green,linewidth=2)
//adrhigh3=plot((OPEN+(adr_3/2)) , title="ADR High3",style=circles,color=red,linewidth=2)
//adrlow3=plot((OPEN-(adr_3/2)), title="ADR LOW3",style=circles, color=green,linewidth=2)
//adrhigh2=plot((OPEN+(adr_2/2)) , title="ADR High2",style=circles,color=red,linewidth=2)
//adrlow2=plot((OPEN-(adr_2/2)), title="ADR LOW2",style=circles, color=green,linewidth=2)
//adrhigh1=plot((OPEN+(adr_1/2)) , title="ADR High1",style=circles,color=red,linewidth=2)
//adrlow1=plot((OPEN-(adr_1/2)), title="ADR LOW1",style=circles, color=green,linewidth=2)
fill(adrlow10,adrlow5,color=lime)
fill(adrhigh10,adrhigh5,color=maroon)
//fill(adrlow2,adrlow9,color=lime)
//fill(adrhigh2,adrhigh9,color=maroon)
//fill(adrlow3,adrlow8,color=lime)
//fill(adrhigh3,adrhigh8,color=maroon)
//fill(adrlow4,adrlow7,color=lime)
//fill(adrhigh4,adrhigh7,color=maroon)
//fill(adrlow6,adrlow2,color=lime)
//fill(adrhigh6,adrhigh2,color=maroon)
MANAPPURAM go longMANAPPRAM formed bullish Gartley pattern; PRZ seems very tight and price already reversed the direction. Long position with T1 around 180.
