MANORAMA Industries Breakout Above Resistance | Short-Term Rally🧾 Financial Content for Client (Performance FY25)
Revenue Growth:
Strong topline growth as per latest quarterly results (Q4FY25), showing consistent demand recovery and margin stability.
Profitability:
Net profit margins have improved on the back of better operational efficiencies and strong demand for specialty fats and oils.
Balance Sheet Strength:
Debt levels remain manageable; focus continues on maintaining a healthy asset-light model.
Future Outlook FY26:
Expanding international orders, coupled with premium product segment focus, is expected to drive double-digit revenue growth.
Management Commentary: Positive tone about expansion and demand pickup in domestic + export markets.
Learning Content
Price Action: Manorama Industries is at a crucial horizontal resistance (~₹1200), a major previous supply zone.
Volume: Recent breakout attempt supported by a significant spike in volume, which is a strong bullish signal.
RSI: RSI is near the overbought zone (>70), indicating strong momentum but also a caution for possible pullback if not sustained.
📊 Recommendations
Intraday Recommendation:
Bias: Bullish
Entry: Above ₹1215
Intraday Target: ₹1245 – ₹1265
Stop Loss: ₹1185
Short-Term Recommendation (1–3 weeks):
Bias: Bullish
Entry: Above ₹1215–₹1230
Target 1: ₹1300
Target 2: ₹1370
Stop Loss: ₹1160
for educational purpose only
MANORAMA trade ideas
MANORAMA INDUSTRIES LTD S/RSupport and Resistance Levels:
Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline.
Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down.
Breakouts:
Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold.
Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying.
MA Ribbon (EMA 20, EMA 50, EMA 100, EMA 200) :
Above EMA: If the stock price is above the EMA, it suggests a potential uptrend or bullish momentum.
Below EMA: If the stock price is below the EMA, it indicates a potential downtrend or bearish momentum.
Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set.
Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward.
Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop.
Disclaimer:
I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.
MANORAMA - Bullish oNStock name - Manorama Industries Ltd
✅#MANORAMA trading above resistance 743.
✅Next resistance 1142
✅Moved 43% in 17 weeks.
Weekly chart
Master score - B
Disclaimer - This is for demonstration and education purpose only. This is not buying and selling recommendation. I'm not SEBI registered.
MANORAMAStock name = Manorama Industries Limited.
Weekly chart setup
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Master Score - B
Disclaimer: This is for demonstration and educational purpose only. this is not buying and selling recommendations. I am not SEBI registered. please consult your financial advisor before taking any trade.
Manorama Industries LtdCompany is the world’s exclusive producer of Mango based Cocoa Butter Equivalent (CBE), Sal Based CBE, Shea-based CBE and Mango, Sal, Shea based Specialty fats and butter and is accredited with various certifications, recognized by GoI as a ‘Star Export House’ and is a member of FIEO, CII, SEDEX, APEDA, UNGC, SHEFEXIL, RSPO, IGBC, IOPEPC, SEA and others.
MANORAMA INDUSTRIESMANORAMA INDUSTRIES (1D)
CMP 1901.30
Price has retested breakout Zone
After Breakout price is consolidating in small Range
Symmetrical Triangle pattern is formed
Stock can show further upmove from here
Sector : Agriculture
Industry : solvent extraction
Small cap
Market cap : 2265.12 cr
PE Ratio : 65.55
Industry PE : 31.38
PEG Ratio : 2.67
EPS : 28.99