Manaksia LimitedManaksia Limited price is at support of upward trend channel however the company is currently posting net lower YOY basis of 183.07 106.82 75.55 trade this stock long with caution and risk management.
MANAKSIA trade ideas
Manaksia Ltd.Enter @150.....keep adding at lower levels accordingly. Investment for 2 yrs needed minimum else do not enter. Upside is open above 190.
No SL
Big Breakout & retest setup ManaksiaEntry 132
no SL
1st Target 5x
Price broke out of a very big and old range
now resting on broken resistance which acting as support for price
Zero debt
low PE
Dividend 4.5%
manakasia - smart glares double cup formation on monthly charts
retracement upto 50% possible after touching the trendline
all time breakout also possible
keep on your watchlist
for education purposes only
BUY MANAKSIA LTDCUP AND HANDLE BREAKOUT
Stock also making a 55 day high on daily and weekly charts
Massive Volume Spike
Swing trade
Targets will be 113-128
**** I am not a SEBI registered investment advisor. Please consult your financial advisors before investing******
#MANAKSIA CMP 51.80 Targets 65 May hold #investment or #tradingCMP 51.80
Target 65++
May Hold After Target Reached.
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NSE: MANAKSIA
Super Bullish on this stock.
From Rachit Sethia with 💚
